| Subject: | RE: [socialcredit] Swanwick 2 | | Date: | Thursday, December 22, 2005 08:35:33 (+0000) | | From: | John G Rawson <johngrawson @.......com>
|
OK, I'll be more precise. Savings represent reduction in use of potential
purchasing power.
And presumably there are others who would like to consume the (goods) available
so that they are not wasted?
To put it another way, more savings cause greater "gap" allowing more room for
new consumer credits? Logic?
Regards. John R.
From: Triumphofthepast@aol.com
Reply-To: socialcredit@elistas.com
To:
socialcredit@elistas.com
Subject: [socialcredit] Swanwick 2
Date: Wed, 21
Dec 2005 11:52:58 EST
"I think it is fairly clear that Douglas, at the time
he was writing, saw savings as reductions of the purchasing power of the people,
and therefore condemned them. Why he did this instead of seeing them as a reason
to put more money into circulation per the other means he envisaged is a mystery
to me." (John)
Think of it, John, in terms of tickets to goods and services.
Savings aren't "reduction of purchasing power," they are the consumer declining
to consume. Why, then, put more tickets into circulation?
Michael
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