| Subject: | Re: [socialcredit] Inflation and Usury | | Date: | Tuesday, February 14, 2006 09:30:24 (-0800) | | From: | Jeffery Smith <jjs @.........org>
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| In reply to: | Message 3407 (written by Joe Thomson) |
On Feb 14, 2006, at 8:32 AM, Joe Thomson wrote:
>
> And the economy would go down even faster.
Don't you serve the economy. Have the economy serve you.
> If those 'prices' "go down every year", in the face of 'costs' that
> have already been incurred, what happens? First, expected 'profit'
> vanishes. And with it the 'inducement to produce'.
Japan has known deflation for what a decade and a half. How are the
lives of the Japanese any worse?
> The system is absolutely dependent on 'new credit' continuing to be
> forthcoming.
Doesn't sound like the most secure place to have backed yourself into.
> HOW that new credit is forthcoming, and the effect of it's coming into
> being on CONSUMER PRICES is what Social Credit aims to deal with.
Adequately, let's hope.
SMITH, Jeffery J., President, Forum on Geonomics
3604 SE Morrison St, Portland Oregon 97214 USA
503/234-0809; jjs@geonomics.org; www.geonomics.org
Share Earth's worth to prosper and conserve.
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