| Subject: | [socialcredit] social credit in one nation | | Date: | Monday, December 13, 2004 11:26:45 (-0800) | | From: | william_b_ryan <william_b_ryan @.....com>
|
[Tim Carpenter] "Joe, as to rebates...how else is it
then implemented? If you rebate the cost of something
then it costs less and people can then buy more,
right? If it costs less which goods are going to be
rebated? Are you seriously suggesting that country A
rebates goods produced from country B? It does not
matter if you rebate the purchaser, reduce the sales
tax or subsidise the producer, whatever happens the
net "ticket" price goes down and the company gets the
sale, right? Help me out if this rebate operates in a
different way, Joe."
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It is not a rebate, because it is not "rebated" from
anything, but a credit (in the nature of an
accounting adjustment) applied at the point of retail
to the benefit of the final consumer, effectively
lowering the price he has to pay.
As to whether or not there should be domestic content
restrictions, such restrictions are generally
prohibited by international trade agreements, which
of course represent degradation in national
sovereignty.
From the perspective of the Douglas financial theory,
such restrictions are in fact not necessary in
specific reference to the credit, because the export
of the credit for goods does not immobilize its
equivalent in domestic production, since it was not
costed into domestic production. As it stands now,
the net export of a dollar that in its distribution
was costed into domestic production (the trade
"deficit") destroys its equivalent in domestic
productive capacity.
In my opinion, the problem can be ameliorated in the
short-term only through tariffs and quotas on
imports, not exports. I don't see any other way.
Until and if that happens, the "Western" economies
must progressively and inevitably lose their
respective industrial bases, to the detriment of both
net importer (the "Western" economies) and net
exporter (China, etc.) Once the importer's
industrial base is gone, its ability to financially
support its trade deficit is gone, and comes down the
exporting economy that was (parasitically in the
financial sense) sustained by it. The present
arrangement perpetually enslaves the net exporter's
workforce, while at the same time impoverishing the
net importer.
The long-term solution is to implement Social Credit
(whatever the accounting adjustment is called)
throughout the world. Once the "gap" between
"prices" and "purchasing power" has been closed in
the economies of the world, the irrational
"imperative to export" will have been eliminated.
Trade between nations will more naturally emphasize
their respective comparative advantages.
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