|
Message 3072
|
|
< Previous | Next >
|
|
|
| Subject: | Re: [socialcredit] Question for Jim Schroeder (Joe replies) | | Date: | Monday, November 14, 2005 20:51:20 (-0800) | | From: | Joe Thomson <thomsonhiyu @....ca>
|
Hi Jim,
Yes, I had my copy of "The Nation's Credit" up at the office at work, along
with "The ABC of Finance and Social Credit", which was the one in 'question
and answer' format I mistook it for. Had a look at both again this morning.
Both are well written.
I think Bill is right that it would be a more appropriate CPD method for the
banks to rebate the customer from his 'Bill of Sale' after he'd paid the
'regular price', rather than in having the retailer discount his prices
first and receive compensation from the bank. Besides what Bill has noted,
it would be a real pain for many merchants to re-price every label or price
tag every time the discount rate changed. And if there was a smaller rate of
discount in an ensuing period, and the price of everything suddenly rose,
that could cause some problems with bitchy customers most merchants would
rather do without.
I wonder though, just how would the CPD work where there is a sale of a 'big
ticket' item on 'time payment'? Especially where there's been a very low
'down-payment', and the discount rebated might be larger than what was put
down? I would think that those financing such purchases might want that
rebate as a 'pre-payment' rather than taking the chance a customer might
find 'profit' in default.
Joe
----- Original Message -----
From: "Jim" <jschroeder@shaw.ca>
To: <socialcredit@elistas.com>
Sent: Monday, November 14, 2005 7:01 AM
Subject: Re: [socialcredit] Question for Jim Schroeder
> Hi Joe:
>
> Yes, I believe I received the PDF file from Wally. It is a short
> introduction to Social Credit, and I think it's very precise and well
> written. I would consider it a good introduction to the ideas of Douglas.
>
> Jim
> ----- Original Message -----
> From: "Joe Thomson" <thomsonhiyu@shaw.ca>
> To: <socialcredit@elistas.com>
> Sent: Sunday, November 13, 2005 1:48 PM
> Subject: Re: [socialcredit] Question for Jim Schroeder
>
>
> > (Bill Ryan wrote:-) Unless financial costs are paid fully over the
retail
> > counter, it is not the consumer who is calling the
> > shots, but the privileged "entrepreneur" with his
> > compliant "banker."
> >
> > In that category I would place the "Wal-Marts" of the
> > world; and everything bad that is "capitalism."
> > -------------------------------------------------------
> > (Joe replies:-) The bank's re-payment to the consumer, (who's paid the
> > store's 'regular' price), might be likened to a 'mail-in rebate' we
often
> > see offered now on many products? 'Consumer electronics', for instance.
> > Where the price from store to store might vary according to the
particular
> > merchant's overheads, volume of sales, etc. But no matter what the
price,
> > the rebate, in dollars, comes from the manufacturer or wholesaler to the
> > customer, and would be the same.
> >
> > Only in the CPD case the rebate would be a per centage discount as
> > determined by the CPD 'price factor' applied to the regular 'financial
> > price'. A per centage rate applicable to ALL products for sale at
retail
> > in
> > the given accounting cycle, and paid by the banks. So if a new scanner
> > was
> > on at $ 100 at Wal-Mart. and the CPD was 25%, the customer buying there
> > would pay Wal-Mart
> > $ 100 and receive $ 25 back from his bank, meaning he's really paid
only
> > $
> > 75 for the scanner. But if the same scanner was $ 110 at the local
> > Radio
> > Shack franchisee's store, and the customer purchased it there, he'd
> > receive
> > back $27.50 from the bank, and it's really cost him
> > $ 82.50 Only $ 7.50 more, instead of $10 more.
> >
> > Just like now, price 'competition' should largely decide who gets the
> > order.
> > And if Wal-Mart or any other retailer raised prices to profit more, they
> > would equivalently negate the CPD's provision of credit and see their
> > sales
> > volumes decline if their customers decline to buy at those higher
prices.
> >
> > While a 'downward' limit on net profit as a percentage of turnover,
which
> > compliance with would be as easy to determine and enforce as any sales
> > tax,
> > would prevent predatory pricing, and Wal-Mart using it and its banker's
> > credit, plus the CPD, to engage in further 'monopolizing' the market.
If
> > that's how it works, what's so complicated about that?
> >
> > P.S. Jim may correct me, but as I recall, "The Nation's Credit" is
> > available in PDF file form from Wally. (I don't have my copy at hand
here
> > right now, but it's a short question and answer explanation of Social
> > Credit, not by Hattersley, but by another author.) 'The Community's
> > Credit"
> > is a separate book entirely
> >
> > ---------------------------------------------------------------------
> > Some introductory materials to the discussion topic of this list are at
> > http://www.geocities.com/socredus/compendium
> > You're subscribed to this list with the email jschroeder@shaw.ca
> > For more information, visit http://www.eListas.com/list/socialcredit
> >
>
>
> ---------------------------------------------------------------------
> Some introductory materials to the discussion topic of this list are at
> http://www.geocities.com/socredus/compendium
> You're subscribed to this list with the email thomsonhiyu@shaw.ca
> For more information, visit http://www.eListas.com/list/socialcredit
|
Re: [socialcredit]
Reply to this message