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Subject:Re: [socialcredit] social credit in one nation
Date:Tuesday, December 21, 2004  18:31:25 (+0000)
From:Timothy Carpenter <timbeau_hk @........uk>
In reply to:Message 367 (written by socred)

Dear V. Bridger,

Thank you for your keen eye. I shall rephrase in an attempt to make my point
clearer - 

"Here is the flaw in SC as I see it. One cannot inject liquidity (National
Dividend and the Compensated Price adjustment) to increase consumption of
domestic production otherwise international trade orgs will slam down that
country."

If one is happy to move back to a tariff and trade barrier world then it is
a further discussion :-).

Right now the EU is being slammed for its agricultural subsidy. If tariffs
and price adjustments are favoured then am I right in thinking "Le Methode
Francoise" for supporting domestic production is endorsed?

Tim

On 19/12/04 12:37 am, "socred@ecn.net.au" <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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