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Message 3539
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| Subject: | Re: [socialcredit] Productivity | | Date: | Tuesday, February 28, 2006 12:51:37 (-0800) | | From: | Jeffery Smith <jjs @.........org>
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| In reply to: | Message 3536 (written by John G Rawson) |
On Feb 27, 2006, at 9:04 PM, John G Rawson wrote:
> Thanks, Jeffery. I was trying to develop the theme that prices can
> not come down much without some form of catastrophe.
Yet we should welcome a falling cost of living, and finding a new niche
should not make us so insecure.
> The small grocers were unable to bring their costs down to compete,
> because of higher overheads etc. and therefore went bankrupt. Some
> undoubtedly found new niches, possibly some even converted to running
> brothels, but within that field they were wiped.
Here, it was just the opposite. Many went up-scale and got customers
who'd rather not shop at the big chains.
> Once prices rise, it is very difficult for them to come down.
Given current political arrangements.
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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