Hello Peter,
You are doing excellent work Peter. Please do not under estimate the value
of what you are doing
On behlf of Social Credit I thank you.
Henry
-----Original Message-----
From: cymric@xtra.co.nz [mailto:cymric@xtra.co.nz]
Sent: Saturday, 8 October 2005 9:28 a.m.
To: socialcredit@elistas.com
Subject: [socialcredit] Re: questions
I would appreciate some instruction as to how one is suppooed to respond to
the diverted system.
Secondly I have never entered into the argument based on bankers under
consumption and the reason is it is a red herring.
I have already answered the homework question re where does profit margins
come from. I produced a Douglas quote which you never acknowledged that
answered it.
I suggest that quoting from Douglas is the way to go not quaranteen.
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.
Peter H
"William B. Ryan" <w_b_ryan@yahoo.com> wrote:
>
> I have withheld from list distribution recent
> submissions by Peter Haines and Marc Gauvin, which I
> archived at
> http://www.geocities.com/socredus/haines
> and
> http://www.geocities.com/socredus/gauvin
> respectively for anyone who is interested in reading
> them. I shall insist they address questions I put to
> them on October 1 archived at
> http://www.geocities.com/socredus/questions .
>
> I have withheld from list distribution recent
> submissions by Peter Haines and Marc Gauvin, which I
> archived at
> http://www.geocities.com/socredus/haines
> and
> http://www.geocities.com/socredus/gauvin
> respectively for anyone who is interested in reading
> them. I shall insist they address questions I put to
> them on October 1 archived at
> http://www.geocities.com/socredus/questions .
>
> Unless they do so, further submissions from them, if
> any, will be similarly archived at the above url's.
>
> Each of them under cross examination (and Per Almgren)
> admitted, whether they realized it or not, that
> interest does not "cause" anything. They reverted to a
> somewhat theoretically superior though simplistic
> "bankers' underconsumption" thesis, that if bankers
> spend all their income there would be no problem. This
> admission presents the opportunity to move forward in
> our extrapolation of A+B.
> -
>
>
>
>
> __________________________________
> Yahoo! Mail - PC Magazine Editors' Choice 2005
> http://mail.yahoo.com
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