| Subject: | RE: [socialcredit] Debt & money | | Date: | Wednesday, February 22, 2006 21:32:15 (+0000) | | From: | John G Rawson <johngrawson @.......com>
|
Sorry about the mis-spelling of sloppy!
Surely money is the mechanism of the distribution system, outside pyysical
things like transport etc.? Which are also governed by money.
Perhaps someone would like to wrap this up and blow out my argument by pointing
to any time last century when the world had general prosperity except in times of
massive armament production or recovery from war? No? Like, for example farmers
here getting three pence per pound for coarse wool in the 30's and around 240 a
year or two post-war!
Regards. John R.
From: Jeffery Smith <jjs@geonomics.org>
Reply-To:
socialcredit@elistas.com
To: socialcredit@elistas.com
Subject:
[socialcredit] Debt & money
Date: Tue, 21 Feb 2006 17:37:44 -0800
>On Feb
20, 2006, at 3:46 PM, John G Rawson wrote:
>
>>Wonderful, sdoppy, emotional
claptrap!
>Such emotionalism might do wonders for the writer but not always for
>the reader.
>
>>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.
>
>When plantations had a bad
harvest, slaves starved. Still no excuse
>for slavery.
>
>Most accountant make a
simple distinction between debt for expansion
>vs debt for operation, the
former being healthy, the latter
>unhealthy. If a gov't needs to borrow to
build a bridge, just sell
>bonds and pay them back from the resultant rise in
nearby land
>values, collected via a land tax or land use fee or land dues or
>some other mechanism. No need for perpetual debt.
>
>>the controlling factor
is not production but its fair distribution
>
>Hear, hear!
>
>>, i.e. the money
system,
>
>How do you equate distributing wealth with merely accounting for it
>with money?
>
>SMITH, Jeffery J., President, Forum on Geonomics
>7536 SE
Milwaukie Av, Portland Oregon 97202 USA
>503/232-1337; jjs@geonomics.org;
www.geonomics.org
>Share Earth's worth to prosper and
conserve.
>
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