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Hello John
Have you
seen the graphs presented by John Hermann. They make facinating reading. The
second one in particular seems to indicate that despite increases in Interest
rates, overall indeptedness, and money supply, the actual GDP of the USA has
actually over the last 24 years stagnated, and has increased at a linear rate
while all the rest have increased exponentially. I am curious to find out what
John H. actually thinks of this phenomena. Do you have an explanation for it? It
certainly intrigues me. I am wondering if similar figures for NZ would show the
same pattern. For a stable monetary system the expansion of GDP should be
matching that of the money supply.
Bill McG
----- Original Message -----
Sent: Wednesday, February 22, 2006 4:57
PM
Subject: RE: [socialcredit] Inflation and
Price Control - Douglas was biased
Replying to the last bit first, I suggest a fair system distributes
fairly. Now is the age of the parasite, when those who manufacture money
or speculate or help firms evade taxes tend to gain the most recompense.
I am not au fait with the period you quote in the US, but under the present
system either industry must be expanding rapidly, both in terms of borrowing
and production, or if this is not happening, than Govt. must be borrowing. The
alternative is slump. Try to get hold of a most informative book
"Expansion or Explosion" by Anthony Vickers. It makes this point in
great detail.
Douglas' findings were the result of considerable study and the term
"biased" is not very applicable. The fact that his principles enunciated
from them explain simply problems which orthodox economics can not adds
strength to his work. After all, it was not Douglas, but one of
orthodoxy that tried seriously to explain the slump by the effects
of sunspots.
My funding, yes, Government superannuation. But while I am aged 80, I
still work, a little as a forest consultant and also to grow flowers for
export. The first half of this day was spent processing recently
lifted calla tubers for storage for next year's crop. Yesterday it was lifting
them manually in a plastic polyhouse with the outside temperature at about 25
deg. C. In my real working life I spent several years helping assess our
remaining native forests, much of it involving fly-camping through bush areas
in conditions that were both physically and mentally demanding. A few of
my men had climbed with Ed. Hillary. Other years in the N Z Forest
Service were spent helping add to our exotic forest estate, an asset that was
later flogged off for half its value by irresponsible politicians advised by
trendy economists. Later I taught in a High School for 23 years, while
keeping up a small forestry practice on the side. So I have a balanced
background in both government employment and private enterprise, and I
have done at least two jobs in which some people, without pointing any
fingers, would not have lasted three weeks. Oh, by the way, I have a degree
and a diploma and as a student I also earned axeman's pay as a skilled
labourer. Now can we get down to reasoning out a few things instead of trying
to pull rank on background?
Regards. John R.
From: "Daniel Morin" <dan@danmorin.com>
Reply-To:
socialcredit@elistas.com
To:
<socialcredit@elistas.com>
Subject: RE: [socialcredit]
Inflation and Price Control - Douglas was biased
Date: Tue, 21 Feb
2006 10:41:56 -0500
Douglas was obviously biased since he was earning
his living from government spending on warfare material. It is easy to
show and/or prove anything, even something that does no make any
sense. I can show you the sun is raising because the
roosters are signing in the morning because every day, there are thousand of
instances roosters signing proving it.
Question: How do you explain the great prosperity
of the US during the late 1700s and 1800s with treasury
surpluses? During long time periods, the US Government was running
abundant treasury surpluses and the
economy was soaring. If government debt was the key to
prosperity, then people should have been starving during that
time.
I
am always fascinating how people project their own reality onto
others. I am not emotional at all, but a rational individual capable
to have any conversation without ever going emotional.
My stake in this "emotional claptrap" is you
are biased yourself. I would be curious to see what is your job
and your source of funding. I would speculate you are receiving money
from government funding and/or somehow dreaming of receiving money
from the government in the future. As a result, you support
a theory fitting your own agenda, that is, government spending
is essential [for you].
What do you mean by "fair distribution"? Who
decides what is "fair"? You? Any politician? To me, the
concept of "fair distribution" is more emotional than intellectual.
Remember that fairness and equality are antonyms. If you treat
everyone equal, then you are not fair because some individuals do work more
than others and are entitled to have more.
Wonderful, sdoppy, emotional claptrap!
As Douglas showed, if governments didn't go into debt to produce
completely useless non-consumer items of this type, those who are hungry
would go hungrier and the naked even more naked.
Were there a shortage of resources, the statement would be true, but
while the controlling factor is not production but its fair distribution,
i.e. the money system, it is absolute rubbish.
Regards. John R.
From: "Daniel Morin" <dan@danmorin.com>
Reply-To:
socialcredit@elistas.com
To:
<socialcredit@elistas.com>
Subject: RE:
[socialcredit] Inflation and Price Control
Date: Sun, 19 Feb
2006 19:10:56 -0500
>Hi Ken,
>
> > " Every
warship, every tank, and every military aircraft built is in the
>
> final sense a theft from those who are hungry and are not fed., and
those
> > who are naked, and not
clothed."
>
>Amen!
>
> > -----Original
Message-----
> > From: Kenneth Palmerton
[mailto:kenpalmerton@cix.compulink.co.uk]
> > Sent: Sunday,
February 19, 2006 12:50 PM
> > To:
socialcredit@elistas.com
> > Cc:
kenpalmerton@cix.compulink.co.uk
> > Subject: RE:
[socialcredit] Inflation and Price Control
> >
>
>
> > In-Reply-To:
<NCBBKCEMIKELNEFLLFEHKEDDGLAB.dan@danmorin.com>
> > Hi
Dan.
> >
> > "The Soviet economy was based on military
expenditures" :-)))
> >
> > Beware of living in glass
houses :-)
> >
> > " Every warship, every tank, and
every military aircraft built is in the
> > final sense a theft
from those who are hungry and are not fed., and those
> > who
are naked, and not clothed."
> >
> > Dwight D.
Eisenhower. One time President of this worlds most deeply
> >
indebted nation. The United States of America.
> >
>
>
>
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