| Subject: | Re: [socialcredit] Swanwick 2 | | Date: | , December 28, 2005 21:10:35 (+0100) | | From: | cymric <cymric @.......nz>
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| In reply to: | Message 3265 (written by Timothy Carpenter) |
Complements of the season to all.
Douglas in the three principles seems to be conscious of depreciation effects
and not the members of the flation family which counter one another.
It seems to me that the savings 'interval' that Tim speaks of and John covered
the effects of are one of the factors that would push towards the depreciation of
consumer goods referred to by Douglas in the first principle.
Another factor would be the self employed producer of consume goods entering the
economy, that Tim introduced.
I dont see how the Nat Div can respond to every human digits enterise in the
economy immediately though. I think Tim you have identified the practical side
of 'time' in the course of the function of the economies parts so there would be
an educated dely in mandatory responses like credit supply.
I assume depreciation of consumer goods relates to shelf life beyond what is
deemed appropriate per goods clasification. Over production and over saving will
obviously cause this apart from overpriced/outdated/ out of season products etc.
I assume that the 'general depreciation' is calculated from the depreciation of
consumer goods and its effect on depreciation of the cash credits.
But does the 'recalled' production credits mean the Credit 'authority' can
withdraw an appropriate amount from each account it has be depositing production
credits in? If the account is empty does this mean the producer 'writes a
cheque' so to speak to the CA or is an entry made on the otherside of the account
so on the next deposit by the CA a reduced balance is caused before use?
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