| Subject: | Re: [socialcredit] social credit in one nation | | Date: | Sunday, December 19, 2004 10:37:40 (+1000) | | From: | socred <socred @.......au>
|
| In reply to: | Message 361 (written by Jessop Sutton) |
On Tuesday 14 Dec 2004 6:38 pm, Timothy Carpenter wrote:
> Dear Bill,
>
> Here is a flaw in SC as I see it. One cannot inject liquidity only for
> domestic output of production otherwise international trade orgs will slam
> down on that country.
The only flaw that exists is in the above statement where the premise is
false.Therefore the rest of the argument needs no comment.The basis for
injecting liquidity (I assume that this means the National Dividend and the
Compensated Price adjustment) is not for domestic output of production.
Production is not the problem. Consumption is.
V. Bridger
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