| Subject: | Re: [socialcredit] Inflation and Price Control | | Date: | Thursday, February 23, 2006 15:38:00 (+0000) | | From: | Kenneth Palmerton <kenpalmerton @................uk>
|
In-Reply-To: <BAY21-F194E0911053FE0D8A1FC5FBDFD0@phx.gbl>
Hi John.
If we are to achieve anything like a full understanding of the sort of
changes we propose to the monetary order, we need, I think, to be careful
about the examples we quote, and the conclusions we draw from them.
Take for instance your Two references to the Marshal Plan, and the US
export of meat.
Read any standard text about the Marshal plan, and we will be faced with
statements about it being the salvation western Europe.
It was nothing of the sort. It was the imposition of control by the
existing financial order, preventing the exhausted nations from creating
what was needed from their own facilities. It was the next stage of
imperialism. And it set back much needed advances in understanding of the
realities of aid and international trade.
If this offends, May I suggest you study the plans taken to Bretton Woods,
and rejected.
As for exports of meat from the US. Other than for emergency aid at times
of true famine, such exports do great harm to the recipient. This drains
purchasing power from local producers, and retards the very desirable self
sufficiency that should be the aim.
International trade should be confined to true surpluses. Or for items
that are not, or cannot be produced or secured locally.
Ken.
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From: "John G Rawson" <johngrawson@hotmail.com>
To: socialcredit@elistas.com
Date: Wed, 22 Feb 2006 03:25:56 +0000
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Subject: Re: [socialcredit] Inflation and Price Control
X-Envelope-To: kenpalmerton@cixcouk.cix.co.uk
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<html><div style='background-color:'><P>Fair and correct, Bill, except for
one thing. Production of armaments need not"divert" manufacturing
effort when factories are already producing at less than potential.
You are thinking of the all-out effort of wartime, I an talking about
situations like the present one in the US, where the economy is kept going
by armament production, or the space effort, or etc. It was one of
the main functions of Marshall Aid after WW2, which also happened to help
a lot of other nations too. Just as America's deficit spending helps us to
export meat to them.</P><P>It can all be tied back to the fault in the
financial system.</P><P>Regards. <FONT color=#339933
size=4>John R.</FONT></P><BLOCKQUOTE style="PADDING-LEFT: 5px;
MARGIN-LEFT: 5px; BORDER-LEFT: #a0c6e5 2px solid; MARGIN-RIGHT: 0px"><FONT
style="FONT-SIZE: 11px; FONT-FAMILY: tahoma,sans-serif">
<HR color=#a0c6e5 SIZE=1>
From: <I>"W. McGunnigle" <wmcgunn@maxnet.co.nz></I><BR>Reply-To:
<I>socialcredit@elistas.com</I><BR>To:
<I><socialcredit@elistas.com></I><BR>Subject: <I>Re: [socialcredit]
Inflation and Price Control</I><BR>Date: <I>Wed, 22 Feb 2006 12:09:22
+1300</I><BR><BR>
<META content="Microsoft SafeHTML" name=Generator>
<STYLE>
</STYLE>
<DIV><FONT face=Arial size=2>Despite the somewhat histrionic reply from
John, his analysis is correct. 'Stagflation" always seems to coincide with
supremely high interest rates. It seems logical to me therefore that the
bulk of the money supply at such times has been subverted into debt
servicing and hence the necessary financial wherewithall to conduct normal
business is being removed from circulation at an ever increasing rate.
This explains the rapid slow down in commercial and manufacturing activity
and the stagnation of the economy. Normality only returns when interest
rates decrease thereby allowing sufficient finance to become available for
"normal" commercial activity. We are assuming, of course, that debt
servicing is NOT a normal activity. This assumption is valid because all
normal people do not normally willingly accept large debts over long
periods of time. </FONT></DIV><DIV><FONT face=Arial
size=2> Government
spending however obeys different rules. Governments can and do accept
large debt burdens for all sorts of different political reasons. This
enables them to expend considerable amounts of the nations wealth on
projects like armaments. The wages and salaries paid out to the workers in
this industry plus the subcontracting to smaller firms boosts the money
supply and creates a financial atmosphere of affluence and well-being
among the general population. Diversion of effort into armaments removes
consumer goods production from circulation and hence a dearth of consumer
goods. This creates an artificial shortage in certain areas of the
financial market, and consequently price increases as greedy entrepenuers
take advantage of the situation. "War time expediency
mentality".</FONT></DIV><DIV><FONT face=Arial
size=2> I have not done an exhaustive
analysis of this situation yet, but I am sure that mechanism operating our
present financial system operates along this type of line. Shortages of
vital commodities like food, shelter, fuel and clothing can and are
deliberately created simply by manipulating the money supply to prevent
sections of the community having access to these important commodities.
Most of the "poor " in the USA are actually fully and gainfully employed,
but "the Market" has been twisted so that virtually all their income is
diverted into providing the necessities of life. In NZ maintaining a
household now necessitates two incomes. Both NZ and USA have resources
enough to provide a basis living standard well above subsistence level,
but many still live below that level. The only factor preventing proper
distribution of those resources is an adequate debt-free money supply.
Debt servicing has become a major stumbling block to human
developement in the world. Banks and financiers are only interested in
exploitation of individuals for their benefit. Until this is changed the
present unstable world financial situation will continue. I hope that some
madman doesn't plunge us all into a final internecine conflict before our
international financial system is totally reformed.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2> Bill
McGunnigle</FONT></DIV>
<BLOCKQUOTE dir=ltr style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px;
MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color:
black"><B>From:</B> <A title=johngrawson@hotmail.com
href="mailto:johngrawson@hotmail.com">John G Rawson</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=socialcredit@elistas.com
href="mailto:socialcredit@elistas.com">socialcredit@elistas.com</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Tuesday, February 21, 2006
12:46 PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> RE: [socialcredit] Inflation
and Price Control</DIV>
<DIV><BR></DIV>
<DIV>
<P>Wonderful, sdoppy, emotional claptrap!</P>
<P>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.</P>
<P>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.</P>
<P>Regards. <FONT color=#339933 size=4>John R.</FONT></P>
<BLOCKQUOTE style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px;
BORDER-LEFT: #a0c6e5 2px solid; MARGIN-RIGHT: 0px"><FONT
style="FONT-SIZE: 11px; FONT-FAMILY: tahoma,sans-serif">
<HR color=#a0c6e5 SIZE=1>
From: <I>"Daniel Morin" <dan@danmorin.com></I><BR>Reply-To:
<I>socialcredit@elistas.com</I><BR>To:
<I><socialcredit@elistas.com></I><BR>Subject: <I>RE: [socialcredit]
Inflation and Price Control</I><BR>Date: <I>Sun, 19 Feb 2006 19:10:56
-0500</I><BR>>Hi Ken,<BR>><BR>> > " Every warship, every tank,
and every military aircraft built is in the<BR>> > final sense a
theft from those who are hungry and are not fed., and those<BR>> >
who are naked, and not clothed."<BR>><BR>>Amen!<BR>><BR>> >
-----Original Message-----<BR>> > From: Kenneth Palmerton
[mailto:kenpalmerton@cix.compulink.co.uk]<BR>> > Sent: Sunday,
February 19, 2006 12:50 PM<BR>> > To:
socialcredit@elistas.com<BR>> > Cc:
kenpalmerton@cix.compulink.co.uk<BR>> > Subject: RE: [socialcredit]
Inflation and Price Control<BR>> ><BR>> ><BR>> >
In-Reply-To: <NCBBKCEMIKELNEFLLFEHKEDDGLAB.dan@danmorin.com><BR>>
> Hi Dan.<BR>> ><BR>> > "The Soviet economy was based on
military expenditures" :-)))<BR>> ><BR>> > Beware of living in
glass houses :-)<BR>> ><BR>> > " Every warship, every tank,
and every military aircraft built is in the<BR>> > final sense a
theft from those who are hungry and are not fed., and those<BR>> >
who are naked, and not clothed."<BR>> ><BR>> > Dwight D.
Eisenhower. One time President of this worlds most deeply<BR>> >
indebted nation. The United States of America.<BR>> ><BR>>
><BR>><BR>>-------------------------------------------------------
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