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Message 2926
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| Subject: | [socialcredit] Question for Dan Morin | | Date: | Saturday, October 8, 2005 01:41:13 (-0700) | | From: | MODERATOR <socredus @.....com>
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Dan, these are mere assertions, not "answers." There
is no argument in them whatsoever. Let me focus on
just one of them:
"Another flaw in your discussions is to associate
money and wealth..."
This would be true if money were merely (or
representative of) a commodity that has been produced.
But modern money is a generalized form of contract
calling for future performance or delivery, like a
ticket.
How is that not wealth?
--------replying to--------
Subject: RE: [socialcredit] Re: questions - Some
Answers
Date: Friday, October 7, 2005 17:12:56 (-0400)
From: Daniel Morin <dan@danmorin.com>
[Peter Haines] "The Flux and Reflux diagramme merely
displays the so called gap that has to be filled by
bankers credit, there is no argument over that
either."
-------------------
The Flux and Reflux diagramme displays a flawed theory
based on the fact that there is a gap to be filled.
Another flaw in your discussions is to associate money
and wealth, as well as money and capital. Printing
more money does not produce more wealth nor contribute
to capital formation.
-- Dan Morin.
-----Original Message-----
From: cymric@xtra.co.nz [mailto:cymric@xtra.co.nz]
Sent: Friday, October 07, 2005 4:28 PM
To: socialcredit@elistas.com
Subject: [socialcredit] Re: questions
[snipped]
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