| Subject: | Re: [socialcredit] social credit in one nation | | Date: | Saturday, December 18, 2004 21:12:14 (-0700) | | From: | martinh <martinh @....net>
|
| In reply to: | Message 367 (written by socred) |
I can't see the problem as regards international trade. A Social Credit
economy, by definition, is one where monetary techniques are used to
balance consumer supply and demand.
If most countries of the world, seeking to export more than they import in
order to balance their own internal purchasing power with supply by
getting rid of what they cannot buy, send their excess to the Socred
country, then the Socreds will simply create and distribute the money to
pay for this, and the Socred community will be the richer in real terms.
And the foreign countries, who prefer paper promises to real wealth, will
have their wishes satisfied.
Martin Hattersley: 1970-10123-99 St.
Edmonton, Alberta, Canada T5J 3H1
Phone:(780)423-4081 Fax:(780)425-5247
Website:http://www.edmc.net/~martinh
e-mail: "martinh@edmc.net"
On Sun, 19 Dec 2004 socred@ecn.net.au wrote:
> On Tuesday 14 Dec 2004 6:38 pm, Timothy Carpenter wrote:
> > Dear Bill,
> >
> > Here is a flaw in SC as I see it. One cannot inject liquidity only for
> > domestic output of production otherwise international trade orgs will slam
> > down on that country.
>
> The only flaw that exists is in the above statement where the premise is
> false.Therefore the rest of the argument needs no comment.The basis for
> injecting liquidity (I assume that this means the National Dividend and the
> Compensated Price adjustment) is not for domestic output of production.
>
> Production is not the problem. Consumption is.
> V. Bridger
>
>
>
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