In-Reply-To: <002001c638d4$20b6a220$376637d2@computer>
Hi Bill.
As you may have gathered I am rather lost amongst the mathematics based
economics. In fact I believe that the planned dominance of mathematics
within economics was to destroy the very idea of "Political economy" which
was the previous study :-(((
Regardless, as I think thee and I are on the same wavelength I see no
reason to doubt the conclusion you come to.
That the method by which money comes into existence is unstable and
irrational I think we are in complete agreement. And in my efforts over
many years I have caused consternation by saying that I believe that one
of the greatest potential victims of the system are the banks themselves.
Their greatest problem is to find borrowers that THEY think are capable of
paying back, both the capital, and the interest. That is NOT easy, and as
times get harder the banks get more reckless in their pursuit of victims.
What a way to run an Army :-(((
And what a way to seek something like stability in the lives of ordinary
people :-(
Ken.
-------- Original Message --------
X-Envelope-From:
socialcredit-return-3501-kenpalmerton=cix.co.uk@elistas.comReceived: from
q53.elistas.net (q53.elistas.net [216.66.20.25]) by
mta04.mx.cix.co.uk (8.13.4/CIX/8.13.4) with SMTP id k1O47qO5021516
for <kenpalmerton@cix.co.uk>; Fri, 24 Feb 2006 04:07:52 GMT
Received: (qmail 2048 invoked from network); 24 Feb 2006 06:00:39 +0100
Received: from mail.e-listas.com (66.7.164.206)
by q5.elistas.net with EMQP; 24 Feb 2006 06:00:39 +0100
Mailing-List: socialcredit@elistas.com
X-No-Archive: yes
List-Post: <mailto:socialcredit@elistas.com>
Reply-To: socialcredit@elistas.com
List-Help: <mailto:socialcredit-help@elistas.com>
List-Unsubscribe: <mailto:socialcredit-unsubscribe@elistas.com>
List-Subscribe: <mailto:socialcredit-subscribe@elistas.com>
Delivered-To: list socialcredit@elistas.com
Delivered-To: moderator for socialcredit@elistas.com
Received: (qmail 8153 invoked from network); 24 Feb 2006 00:30:33 +0100
Received: from unknown (HELO smtp01.maxnet.net.nz) (202.89.32.6)
by mail.egrupos.com with SMTP; 24 Feb 2006 00:30:33 +0100
Received: from computer (pool102-55.dialip.maxnet.co.nz [210.55.102.55])
by smtp01.maxnet.net.nz (Postfix) with SMTP id A653045CD88
for <socialcredit@elistas.com>; Fri, 24 Feb 2006 12:42:29 +1300
(NZDT)
Message-ID: <002001c638d4$20b6a220$376637d2@computer>
From: "W. McGunnigle" <wmcgunn@maxnet.co.nz>
To: <socialcredit@elistas.com>
References: <memo.124899@cix.compulink.co.uk>
Date: Fri, 24 Feb 2006 12:51:54 +1300
MIME-Version: 1.0
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: 7bit
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 6.00.2800.1409
X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2800.1409
Subject: Re: [socialcredit] U.S. Economic data
X-Envelope-To: kenpalmerton@cixcouk.cix.co.uk
X-UIDL: _hQF.aao_DB.mta04.mx
Hi Ken
I don't think so. The one irrefutible fact discernable from the
graphs is that debt, interest rates and money supply are all increasing
exponentially, but that the industrial base (GDP) to support those
increasesin only increasing in a linear way. This confirms what we as
Socred supportshave known all along that money supply works independently
from actualproduction output. It also supports the contention that much of
the increasein money supply is not going into supporting an expansion of
industry orsupport services for the benefit of mankind but simply the
outcomeof ourpresent financial system attempt to preserve the economic
viablity of thepresent economic system. Obviously, when the very currency
needed to keepthe economy moving is created as a debt to the banking
system, the rate atwhich finance must be created, and put into the system
must progressivelyincease exponentially. Money is created as a debt, and
the only way to repaythat debt is from the money supply created by that
debt in the first place.The graphs categorically confirm this trend. At
least that is how Iinterpret them. I would appreciate any other comments.
Bill McGunnigle
----- Original Message -----
From: "Kenneth Palmerton" <kenpalmerton@cix.compulink.co.uk>
To: <socialcredit@elistas.com>
Cc: <kenpalmerton@cix.compulink.co.uk>
Sent: Friday, February 24, 2006 4:38 AM
Subject: Re: [socialcredit] U.S. Economic data
> In-Reply-To: <000d01c63800$2f4bf3a0$526437d2@computer>
> Hi Bill.
>
> Is it possible that the old saw "B****t baffles brains" is applicable
here> :-)))
>
> Ken.
>
> -------- Original Message --------
>
> X-Envelope-From:
> socialcredit-return-3479-kenpalmerton=cix.co.uk@elistas.comReceived: from
> q23.elistas.net (q23.elistas.net [216.66.20.147]) by
> mta02.mx.cix.co.uk (8.13.4/CIX/8.13.4) with SMTP id k1N4tqSI004381
> for <kenpalmerton@cix.co.uk>; Thu, 23 Feb 2006 04:55:53 GMTReceived:
> (qmail 22099 invoked from network); 23 Feb 2006 06:30:15 +0100Received:
> from mail.e-listas.com (66.7.164.206) by q2.elistas.net with EMQP; 23
Feb> 2006 06:30:15 +0100Mailing-List: socialcredit@elistas.com
> X-No-Archive: yes
> List-Post: <mailto:socialcredit@elistas.com>
> Reply-To: socialcredit@elistas.com
> List-Help: <mailto:socialcredit-help@elistas.com>
> List-Unsubscribe: <mailto:socialcredit-unsubscribe@elistas.com>
> List-Subscribe: <mailto:socialcredit-subscribe@elistas.com>
> Delivered-To: list socialcredit@elistas.com
> Delivered-To: moderator for socialcredit@elistas.com
> Received: (qmail 28486 invoked from network); 22 Feb 2006 23:13:38 +0100
> Received: from unknown (HELO smtp01.maxnet.net.nz) (202.89.32.6)
> by mail.egrupos.com with SMTP; 22 Feb 2006 23:13:38 +0100
> Received: from computer (pool100-82.dialip.maxnet.co.nz [210.55.100.82])
> by smtp01.maxnet.net.nz (Postfix) with SMTP id 3936C45CCB9
> for <socialcredit@elistas.com>; Thu, 23 Feb 2006 11:25:29 +1300
> (NZDT)Message-ID: <000d01c63800$2f4bf3a0$526437d2@computer>
> From: "W. McGunnigle" <wmcgunn@maxnet.co.nz>
> To: <socialcredit@elistas.com>
> References: <memo.960637@cix.compulink.co.uk>
> <5.2.0.9.0.20060222124229.01fd2268@mail.picknowl.com.au>Date: Thu, 23 Feb
> 2006 11:34:44 +1300MIME-Version: 1.0
> Content-Type: text/plain;
> charset="iso-8859-1"
> Content-Transfer-Encoding: 7bit
> X-Priority: 3
> X-MSMail-Priority: Normal
> X-Mailer: Microsoft Outlook Express 6.00.2800.1409
> X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2800.1409
> Subject: Re: [socialcredit] U.S. Economic data
> X-Envelope-To: kenpalmerton@cixcouk.cix.co.uk
> X-UIDL: _vEB.aBU_DB.mta02.mx
>
> Hi John H.
> Thank you for the graphical information. Those graphs are
> precisely what is needed to confirm that the present monetary system has
> gone into freefall. The USA because of its position as the major
> intenational reserve currency reflects the world-wide trends(or perhaps
the
> world economic system is being driven into freefall by the trends in the
> USA). Both explanations seem to have equal validity at present. I am
> surpriseed that data of this nature has been openly published especially
> thecomparisons. From where has the pressure arisen to prompt this
> publication?or is this information usually quitely kept in the
background.> In allfairness the practice of using the logarithmic scale on
the graph is> a veryclever ploy. It gives an impression of a slow linear
increase in> indeptedness instead of the exponential growth that is
reality. Only those> with reasonably advanced mathematical knowledge can
grasp the full> significance of those graphs.
> Bill McGunnigle
> ----- Original Message -----
> From: "John Hermann" <hermann@picknowl.com.au>
> To: <socialcredit@elistas.com>
> Sent: Wednesday, February 22, 2006 3:19 PM
> Subject: [socialcredit] U.S. Economic data
>
>
> >
> > The attached file (around 70 kb) contains some interesting economic
data> > for the U.S., spanning a
> > period of 24 years. It has been abstracted from a recent article that I
> > wrote, and would seem to be
> > relevant to a current discussion on this list. Any comments on its
> > significance will be appreciated.
> >
> > Regards,
> > John Hermann
> >
> >
> > ---------------------------------------------------------------------
> > Some introductory materials to the discussion topic of this list are at
> > http://www.geocities.com/socredus/compendium
> > You're subscribed to this list with the email wmcgunn@maxnet.co.nz
> > For more information, visit http://www.eListas.com/list/socialcredit
> >
>
>
> ---------------------------------------------------------------------
> Some introductory materials to the discussion topic of this list are at
> http://www.geocities.com/socredus/compendium
> You're subscribed to this list with the email kenpalmerton@cix.co.uk
> For more information, visit http://www.eListas.com/list/socialcredit
>
>
>
---------------------------------------------------------------------
Some introductory materials to the discussion topic of this list are at
http://www.geocities.com/socredus/compendium
You're subscribed to this list with the email kenpalmerton@cix.co.uk
For more information, visit http://www.eListas.com/list/socialcredit
|
Re: [socialcredit]
Reply to this message