| Subject: | [socialcredit] A and B | | Date: | Tuesday, December 13, 2005 10:07:05 (EST) | | From: | Triumphofthepast <Triumphofthepast @...com>
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"From the manufacturers' fund, continuing payments are being made to . . . firms, which are B receipts to the [manufacturing] sector. A + B payments = A + B receipts + credit." (Bill)
Bill makes it sound as if part of the price is liquidated by the manufacturing sector in the form of B-payments to itself ("B receipts"), and consumers have to pay only the other part. But that is not the case. A B-payment "liquidates" the cost at one stage in production only by passing it on to the next, and the WHOLE has to liquidated by the final consumer. Which is as it should be if we are to have a consumer-driven economy.
Michael
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A and B
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