| Subject: | Re: [socialcredit] the "effect" of interest ~ back to Peter | | Date: | Tuesday, June 6, 2006 10:35:49 (-0600) | | From: | Martin Hattersley <hattersleyjm @.........com>
|
| In reply to: | Message 4114 (written by thomsonhiyu) |
Frankly, thompsonhiu, I don't think your argument advances anything. Taxes do
pay for the provision of public services, but the problems created by the A+B
phenomenon belong in a different area altogether.
Martin Hattersley
1970-10123-99 St.,
EDMONTON AB CANADA
Phone (780)423-4081;Fax(780)425-5247
e-mail: hattersleyjm@interbaun.com
----- Original Message -----
From: thomsonhiyu
To: socialcredit@elistas.com
Sent: Sunday, June 04, 2006 4:08 PM
Subject: RE: [socialcredit] the "effect" of interest ~ back to Peter
(John Rawson wrote;- ) Straight to your second point. Because I can't build
roads to a sufficient standard, can't bribe my own police, run border controls or
build hospitals.
(Joe replies:- ) Could you currently do those things through financing them
from straight taxation without there being an increase in overall 'debt' in the
country as a whole? If you could do that, would your country not be in debt up
to its collective eyeballs, and beyond? Isn't it more that you CAN'T do that?
Nor can any other modern country?
Look at your 'taxes'. If they're deducted from labour 'incomes' (of
individuals) they're already included in the 'prices' of consumables. Since
it's the 'gross' income before the tax is deducted that forms part of cost, not
the just the 'net' pay you take home. If there's already a 'disparity' between
the overall rate of income generation and that of price generation due primarily
to ongoing 'labour displacement' and a falling change in the ratio of A to A+B,
what happens?
Taxes are much beloved by Bankers, (long as they're not singled out unduly
to pay them!) , because they remove immediate purchasing power from the hands of
consumers. And making 'money' scarce in this manner tends to increase its
'value' in relation to what it will buy. It makes the Banker's income, his
'interest'' which he will receive over the life of the loan, more valuable to
him, even if the 'interest rate' on loans being made may decline. (This is the
same as with any other merchant ~ the decline in price (of 'money', in this
case), broadens the market. You can't 'profit' until you 'sell'. Nor can the
Banker, until he 'loans'. Bankers are normally 'deflationists', as Douglas told
us.
To us though, even if 'taxes' were supposed to keep consumer prices 'down'
(which they really don't), they just make it more difficult for us to acquire
what we need and want. Since we don't have the 'money' necessary to take
advantage of acquiring consumables to the extent it's been removed from us by
taxation. Unless we 'borrow' it, as 'consumer credit', that is. And the
businesses nowadays couldn't exist without that. The only real answer to this is
to augment consumer incomes with debt-free CONSUMER credits sufficient to
maintain A in constant ratio to A+B through time. Taxes might then be for the
provision of 'services' best provided through 'Government', and with the
restoration of adequate purchasing power directly to consumers through crediting
them fully with ongoing 'capital appreciation' through the CPD and ND, (including
that of Government infrastructure, if it's sensible and useful and increases the
'real credit' of the community), could be restored to that proper function to the
extent they're still necessary.
And I believe very strongly that the function of hospitals, for example, is to
care for the sick, not to make a profit for entrepeneurs. That's borne out in
England where just making the cleaning of hospitals come into that category, so
that the aim is no longer to keep hospitals clean, has resulted in periodical
closures because of "H bugs" etc.
(Joe replies;-) There are several interesting issues here. On the surface,
on a 'moral' basis, I agree with you. It seems to me to be 'morally' wrong to
believe there should be anyone 'profiting' from the misfortune of anyone else's
injury or illness. But 'economically' is a 'doctor' also an 'entrepreneur', or
is he not? If he cannot make a "price for his product in excess of his costs" ~
a 'profit', actually ~ could he remain in practice long? Would he remain in
practice long? And would there really be any incentive to enter medicine as a
career in the first place? To go through all the training, to work the hours, to
do that very kind of demanding work, to assume the very real 'liability' (not to
mention the 'legal' one that might follow!) that in trying to 'do no harm' a
mis-diagnosis, or 'off-day' with the scalpel or other tools of the trade might
cause?
'Altruism' there may be in many of us, and give me a doctor who has a genuine
interest in his profession and treating his patient over one who's just there
'for the bucks' any time I've need of one, but we certainly can't 'demand'
someone practice medicine just solely 'for the good of mankind', and restrict him
to no more than his physical sustenance for so doing , can we? Would any of us
do the same thing, day in and day out, for that? Maybe there are those amongst
us who would. But should any of us 'be forced' to do the same thing for that?
'Socialists' seem to think so. Which begs the question, "What else do they think
anyone else should be 'forced' to do?"
For if that 'policy' is to be applied to 'doctors', it certainly isn't going
to end there. Now to go beyond the MD's themselves, the business of cleaning
hospitals should most certainly be done by those who know how to do it, and are
paid wages commensurate with the very real risks they incur in pursuing that
occupation. We've witnessed the very same thing in 'privatisation' here, and it
is both a false saving, and fraught with the same problems you allude to. The
'problem' is trying, once again, to 're-distribute' an insufficiency. And it
can't be solved the way current governments are trying to pursue it.
Now to look at another side of the issue, 'profit' in modern double-entry
accountancy is not analogous to the 'cash' profit that might ensue in a simple
'barter' type of transaction where 'money' is actually being used as a 'medium of
exchange'. Rather 'profit', or change in it, is an indication of the correctness
of some entrepreneurial action. And I believe this has some application in
regards to 'medicine' and the provision of overall 'medical services'. In North
America there has been a long-standing debate over the virtues of 'public' (
supposedly non-profit ) medical services versus 'private' (for profit) ones.
One thing that seems to be overlooked in the debate by those on the 'public' side
is the 'patient'. Doctors don't treat 'disease', they treat 'patients'. When
you try to pre-determine what 'diseases' need to be treated by 'bureaucratic'
fiat instead of actual 'patient' necessities you're bound to get inefficient
application of available human and physical resources, higher costs, and endless
waiting lists that can only be shortened by those on them expiring. And, from
observation, that's exactly what we do get with 'socialised medicine'.
'Profit', it seems to me, and regarding it in the 'double-entry' sense' could
actually be beneficial in determining just what 'services' are most in demand,
and in attempting to satiate that demand. Presently, there will problems with
this approach. But not from 'profit', per se, but from the current deceptive
'money system' that a proper application of 'genuine' Social Credit could
correct.
And dealing with your third point, you still have not demonstrated any
mechansm to prevent retailers gradually increasing the price, steadily subsidised
all the way at 2% as it climbs. Please don't quote competition, which only works
to hold prices down when there is difficulty selling goods etc. If all your
timber was going out as fast as it was produced, even a good honest man like you
would begin to wonderr if all his hard work didn't really merit a little better
return, in slightly higher prices. And believe me, the timber industry in NZ has
had the structure of a jungle in the past, and I can't see it having changed too
much.
Is there not always 'difficulty' in selling goods when the capacity to produce
them exceeds the ability to consume them? And we have to 'pay' for the provision
of that 'capacity', but we're not 'credited' fully financially for it's creation?
Or is the "progress of the industrial arts a complete fraud?" Most retailers are
interested in moving product. They could put up the price and wait for a buyer
who'll meet it, but while they're waiting they've got 'costs' of their own that
are ongoing. And the 'profit' they might make selling a very few items, though
it may well be larger per item than that of the merchant who moves his goods in
volume for a lower price, is diminishing from these 'costs' each day that product
sits unsold. The real 'competition' generally doesn't come from those who do the
same thing you do, only charge the public 'more' for it, but from those who do
the same thing you do and charge the public 'less'. If you were making a pile
of money from growing Callas and other tropicals, how long before every other
Northland Kiwi with a little piece of your Island's real estate and a
horticultural bent would be trying the same thing? And what happens to the
market then? If you're not making a pile of money from growing them, why not?
To keep just that from happening, no?
In lumber, the return generally has always been 'on volume'. Trying to get
the 'costs' down relative to it. Sure we try to sneak the 'price' up whenever
we're able to, but using the CPD to subsidise a 'raise' in prices to Consumers
just wouldn't work. The greater problem would be ensuring that the 'big boys'
didn't use it to unfairly subsidize predatory pricing, to try to eliminate the
competition through 'lower' prices that couldn't be matched. There would have
to be an agreed upon minimum profit on 'turnover', (not on 'capital'), but I
don't think that would be hard to obtain, police, or enforce. If they want
'more' profit, then, they have to find a way to engender a still higher turnover.
Which should mean 'better service', and more innovativeness in 'reducing costs'.
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<DIV><FONT face=Georgia size=2>Frankly, thompsonhiu, I don't think your argument
advances anything. Taxes do pay for the provision of public services, but the
problems created by the A+B phenomenon belong in a different area
altogether.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Martin Hattersley<BR>1970-10123-99 St.,
<BR>EDMONTON AB CANADA<BR>Phone (780)423-4081;Fax(780)425-5247<BR>e-mail: <A
href="mailto:hattersleyjm@interbaun.com">hattersleyjm@interbaun.com</A></FONT></DIV>
<BLOCKQUOTE
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=thomsonhiyu@shaw.ca href="mailto:thomsonhiyu@shaw.ca">thomsonhiyu</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> Sunday, June 04, 2006 4:08 PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> RE: [socialcredit] the "effect"
of interest ~ back to Peter</DIV>
<DIV><BR></DIV>
<DIV class=Section1>
<P class=MsoNormal><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY:
Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY:
Arial"><o:p> </o:p></SPAN></FONT></P>
<DIV>
<P style="MARGIN-LEFT: 0.5in"><FONT face="Times New Roman" color=navy
size=3><SPAN style="FONT-SIZE: 12pt; COLOR: navy">(John Rawson wrote<SPAN
class=GramE>;-</SPAN> ) </SPAN></FONT><SPAN class=GramE>Straight to your
second point.</SPAN> Because I can't build roads to a sufficient
standard, can't bribe my own police, run border controls or build
hospitals. <FONT color=navy><SPAN
style="COLOR: navy"><o:p></o:p></SPAN></FONT></P>
<P><B style="mso-bidi-font-weight: normal"><FONT face=Arial color=navy
size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial;
mso-bidi-font-weight: normal">(Joe
replies<SPAN class=GramE>:-</SPAN> ) Could you <I
style="mso-bidi-font-style: normal"><SPAN
style="FONT-STYLE: italic; mso-bidi-font-style: normal">currently</SPAN></I>
<SPAN class=GramE>do <SPAN style="mso-spacerun: yes"> </SPAN>those</SPAN>
things through financing them from straight taxation without there being an
increase in overall ‘debt’ <I style="mso-bidi-font-style: normal"><U><SPAN
style="FONT-STYLE: italic; mso-bidi-font-style: normal">in the country as a
whole</SPAN></U></I>? <SPAN style="mso-spacerun: yes"> </SPAN>If you <I
style="mso-bidi-font-style: normal"><SPAN
style="FONT-STYLE: italic; mso-bidi-font-style: normal">could</SPAN></I> do
that, would your country not be in debt up to its collective eyeballs, and
beyond?<SPAN style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN>Isn’t it more that you CAN’T do
that?<SPAN style="mso-spacerun: yes"> </SPAN>Nor can any other modern
country? <o:p></o:p></SPAN></FONT></B></P>
<P><B style="mso-bidi-font-weight: normal"><FONT face=Arial color=navy
size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial;
mso-bidi-font-weight: normal"><SPAN
style="mso-spacerun: yes"> </SPAN>Look at your ‘taxes’.<SPAN
style="mso-spacerun: yes"> </SPAN>If they’re deducted <SPAN
class=GramE>from <SPAN style="mso-spacerun: yes"> </SPAN>labour</SPAN>
‘incomes’ <SPAN style="mso-spacerun: yes"> </SPAN>(of individuals) <SPAN
style="mso-spacerun: yes"> </SPAN>they’re already included in the <SPAN
style="mso-spacerun: yes"> </SPAN>‘prices’ of consumables. <SPAN
style="mso-spacerun: yes"> </SPAN>Since it’s the ‘gross’ income before
the tax is deducted that forms part of cost, not the just the ‘net’ pay you
take home. <SPAN style="mso-spacerun: yes"> </SPAN>If there’s already a
‘disparity’ between the overall rate of <I
style="mso-bidi-font-style: normal"><SPAN
style="FONT-STYLE: italic; mso-bidi-font-style: normal">income</SPAN></I>
generation and that of <I style="mso-bidi-font-style: normal"><SPAN
style="FONT-STYLE: italic; mso-bidi-font-style: normal">price</SPAN></I>
generation due primarily to ongoing ‘labour displacement’ and a falling <I
style="mso-bidi-font-style: normal"><SPAN
style="FONT-STYLE: italic; mso-bidi-font-style: normal">change</SPAN></I> in
the ratio of A to A+B, what happens?<o:p></o:p></SPAN></FONT></B></P>
<P><B style="mso-bidi-font-weight: normal"><FONT face=Arial color=navy
size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial;
mso-bidi-font-weight: normal"><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN>Taxes are much beloved by Bankers,
(long as they’re not singled out unduly to pay them!<SPAN class=GramE>)
,</SPAN> because they remove immediate purchasing power from the hands of
consumers. <SPAN style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN>And making ‘money’ scarce in this
manner tends to increase its ‘value’ in relation to what it will buy.<SPAN
style="mso-spacerun: yes"> </SPAN>It makes the Banker’s income, his
‘interest’’ which he will receive over the life of the loan, more valuable to
him, even if the ‘interest rate’ on loans being made may decline. <SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN>(This is the same as with any other
merchant ~ the decline in price (of ‘money’, in this case), broadens the
market.<SPAN style="mso-spacerun: yes"> </SPAN>You can’t ‘profit’ until
you ‘sell’.<SPAN style="mso-spacerun: yes"> </SPAN>Nor can the Banker,
until he ‘loans’.<SPAN style="mso-spacerun: yes"> </SPAN>Bankers are
normally ‘deflationists’, as </SPAN></FONT></B><st1:place><B
style="mso-bidi-font-weight: normal"><FONT face=Arial color=navy size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial;
mso-bidi-font-weight: normal">Douglas</SPAN></FONT></B></st1:place><B
style="mso-bidi-font-weight: normal"><FONT face=Arial color=navy size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial;
mso-bidi-font-weight: normal">
told us.<o:p></o:p></SPAN></FONT></B></P>
<P><B style="mso-bidi-font-weight: normal"><FONT face=Arial color=navy
size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial;
mso-bidi-font-weight: normal"><SPAN
style="mso-spacerun: yes"> </SPAN>To us though, even if ‘taxes’ were
supposed <SPAN style="mso-spacerun: yes"> </SPAN>to keep consumer prices
‘down’ (which they really don’t), they just make it more difficult for us to
acquire what we need and want. <SPAN
style="mso-spacerun: yes"> </SPAN>Since we don’t have the ‘money’
necessary to take advantage of acquiring consumables to the extent it’s been
removed from us by taxation. <SPAN
style="mso-spacerun: yes"> </SPAN>Unless we ‘borrow’ it, as ‘consumer
credit’, that is.<SPAN style="mso-spacerun: yes"> </SPAN>And the
businesses nowadays couldn’t exist without that.<SPAN
style="mso-spacerun: yes"> </SPAN>The only real answer to this is to
augment consumer incomes with debt-free CONSUMER credits sufficient to
maintain <SPAN class=GramE>A</SPAN> in constant ratio to A+B through time.
<SPAN style="mso-spacerun: yes"> </SPAN>Taxes might then be for the
provision of ‘services’ best provided through ‘Government’, and with the
restoration of adequate purchasing <SPAN class=GramE>power<SPAN
style="mso-spacerun: yes"> </SPAN>directly</SPAN> to consumers through
crediting them fully with ongoing ‘capital appreciation’ through the CPD and
ND, (including that of Government infrastructure, if it’s sensible and useful
and increases the ‘real credit’ of the community), could be restored to that
proper function to the extent they’re still necessary.
<o:p></o:p></SPAN></FONT></B></P>
<P style="MARGIN-LEFT: 0.5in"><FONT face="Times New Roman" size=3><SPAN
style="FONT-SIZE: 12pt">And I believe very strongly that the function of
hospitals, for example, is to care for the sick, not to make a profit for
<SPAN class=SpellE>entrepeneurs</SPAN>. That's borne out in England
where just making the cleaning of hospitals come into that category, so that
the aim is no longer to keep hospitals clean, has resulted in periodical
closures because of "H bugs" etc.<o:p></o:p></SPAN></FONT></P>
<P><B style="mso-bidi-font-weight: normal"><FONT face=Arial color=navy
size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial;
mso-bidi-font-weight: normal">(Joe
<SPAN class=GramE>replies;</SPAN>-)<SPAN style="mso-spacerun: yes">
</SPAN>There are several interesting issues here.<SPAN
style="mso-spacerun: yes"> </SPAN>On the surface, on a ‘moral’ basis, I
agree with you.<SPAN style="mso-spacerun: yes"> </SPAN>It seems to me to
be ‘morally’ wrong to believe there should be anyone ‘profiting’ from the
misfortune of anyone else’s injury or illness.<SPAN
style="mso-spacerun: yes"> </SPAN>But ‘economically’ is a ‘doctor’ also
an ‘entrepreneur’<SPAN class=GramE>, <SPAN
style="mso-spacerun: yes"> </SPAN>or</SPAN> is he not?<SPAN
style="mso-spacerun: yes"> </SPAN>If he cannot make a “price for his
product in excess of his costs” ~ a ‘profit’, actually ~ could he remain in
practice long?<SPAN style="mso-spacerun: yes"> </SPAN>Would he remain in
practice long? <SPAN style="mso-spacerun: yes"> </SPAN>And would there
really be any incentive to enter medicine as a career in the first place?
<SPAN style="mso-spacerun: yes"> </SPAN>To go through all the training,
to work the hours, to do that very kind of demanding work, to assume the very
real ‘liability’ (not to mention the ‘legal’ one that might follow!) <SPAN
style="mso-spacerun: yes"> </SPAN><SPAN class=GramE>that</SPAN> in trying
to ‘do no harm’ a <SPAN class=SpellE>mis</SPAN>-diagnosis, or ‘off-day’ with
the scalpel or other tools of the trade might cause?
<o:p></o:p></SPAN></FONT></B></P>
<P><B style="mso-bidi-font-weight: normal"><FONT face=Arial color=navy
size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial;
mso-bidi-font-weight: normal"><SPAN
style="mso-spacerun: yes"> </SPAN>‘Altruism’ there may be in many of us,
and give me a doctor who has a genuine interest in his profession and treating
his patient over one who’s just there ‘for the bucks’ any time I’ve need of
one, but we certainly can’t ‘demand’ someone practice medicine just solely
‘for the good of mankind’, and restrict him to no more than his physical
sustenance for so <SPAN class=GramE>doing ,</SPAN> can we? <SPAN
style="mso-spacerun: yes"> </SPAN>Would any of us do the same thing, day
in and day out<SPAN class=GramE>, <SPAN
style="mso-spacerun: yes"> </SPAN>for</SPAN> that? <SPAN
style="mso-spacerun: yes"> </SPAN>Maybe there are those amongst us who
would.<SPAN style="mso-spacerun: yes"> </SPAN><SPAN class=GramE>But
should any of us ‘be forced’ to do the same thing for that?</SPAN> <SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN>‘Socialists’ seem to think so.<SPAN
style="mso-spacerun: yes"> </SPAN>Which begs the question, “What else do
they think anyone else should be ‘forced’ to do?” <SPAN
style="mso-spacerun: yes"> </SPAN><o:p></o:p></SPAN></FONT></B></P>
<P><B style="mso-bidi-font-weight: normal"><FONT face=Arial color=navy
size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial;
mso-bidi-font-weight: normal"><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN class=GramE>For if that ‘policy’
is to be applied to ‘doctors’, it certainly isn’t going to end
there.</SPAN><SPAN style="mso-spacerun: yes"> </SPAN>Now to go beyond
the MD’s themselves, the business of cleaning hospitals should most certainly
be done by those who know how to do it, and are <SPAN class=GramE>paid <SPAN
style="mso-spacerun: yes"> </SPAN>wages</SPAN> commensurate with the very
real risks they incur in pursuing that occupation.<SPAN
style="mso-spacerun: yes"> </SPAN>We’ve witnessed the very same thing in
‘privatisation’ here, and it is both a false saving, and fraught with the same
problems you allude to.<SPAN style="mso-spacerun: yes"> </SPAN>The
‘problem’ is trying, once again, <SPAN class=GramE>to ‘re</SPAN>-distribute’
an insufficiency. And it can’t be solved the way current governments are
trying to pursue it.<SPAN style="mso-spacerun: yes">
</SPAN><o:p></o:p></SPAN></FONT></B></P>
<P><B style="mso-bidi-font-weight: normal"><FONT face=Arial color=navy
size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial;
mso-bidi-font-weight: normal">Now
to look at another side of the issue, ‘profit’ in modern double-entry
accountancy is not analogous to the ‘cash’ profit that might ensue in a simple
‘barter’ type of transaction where ‘money’ is actually being used as a ‘medium
of exchange’.<SPAN style="mso-spacerun: yes"> </SPAN>Rather ‘profit’, or
change in it, is an indication of the correctness of some entrepreneurial
action.<SPAN style="mso-spacerun: yes"> </SPAN>And I believe this has
some application in regards to ‘medicine’ and the provision of overall
‘medical services’.<SPAN style="mso-spacerun: yes"> </SPAN>In
</SPAN></FONT></B><st1:place><B style="mso-bidi-font-weight: normal"><FONT
face=Arial color=navy size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial;
mso-bidi-font-weight: normal">North
America</SPAN></FONT></B></st1:place><B
style="mso-bidi-font-weight: normal"><FONT face=Arial color=navy size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial;
mso-bidi-font-weight: normal">
there has been a long-standing debate over the virtues of ‘public’ <SPAN
class=GramE>( supposedly</SPAN> non-profit ) medical services versus ‘private’
(for profit) ones.<SPAN style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN>One thing that seems to be overlooked
in the debate by those on the ‘public’ side is the ‘patient’.<SPAN
style="mso-spacerun: yes"> </SPAN>Doctors don’t treat <SPAN
class=GramE>‘disease’,</SPAN> they treat ‘patients’.<SPAN
style="mso-spacerun: yes"> </SPAN>When you try to pre-determine what
‘diseases’ need to be treated by ‘bureaucratic’ fiat instead of actual
‘patient’ necessities you’re bound to get inefficient application of available
human and physical resources, higher costs, and endless waiting lists that can
only be shortened by those on them expiring. <SPAN
style="mso-spacerun: yes"> </SPAN>And, from observation, that’s exactly
what we do get with ‘socialised medicine’.<SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN>‘Profit’, it seems to me, and
regarding it in the ‘double-entry’ sense’ could actually be beneficial in
determining just what ‘services’ are most in demand, and in attempting to
satiate that demand.<SPAN style="mso-spacerun: yes"> </SPAN>Presently,
there will problems with this approach.<SPAN style="mso-spacerun: yes">
</SPAN><SPAN class=GramE>But not from ‘profit’, per se, but from the current
deceptive ‘money system’ that a proper application of ‘genuine’ Social Credit
could correct.</SPAN><o:p></o:p></SPAN></FONT></B></P>
<P style="MARGIN-LEFT: 0.5in"><FONT face="Times New Roman" size=3><SPAN
style="FONT-SIZE: 12pt">And dealing with your third point, you still have not
demonstrated any <SPAN class=SpellE>mechansm</SPAN> to prevent retailers
gradually increasing the price, steadily subsidised all the way at 2% as it
climbs. Please don't quote competition, which only works to hold prices
down when there is difficulty selling goods etc. If all your timber was going
out as fast as it was produced, even a good honest man like you would begin to
<SPAN class=SpellE>wonderr</SPAN> if all his hard work didn't really merit a
little better return, in slightly higher prices. And believe me, the
timber industry in NZ has had the structure of a jungle in the past, and I
can't see it having changed too much<FONT color=navy><SPAN
style="COLOR: navy">.<o:p></o:p></SPAN></FONT></SPAN></FONT></P>
<P><B style="mso-bidi-font-weight: normal"><FONT face="Times New Roman"
color=navy size=3><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 12pt; COLOR: navy; mso-bidi-font-weight:
normal">Is
there not always ‘difficulty’ in selling goods when the capacity to produce
them exceeds the ability to consume them? <SPAN
style="mso-spacerun: yes"> </SPAN>And we have to ‘pay’ for the provision
of that ‘capacity’, but we’re not ‘credited’ fully financially for <SPAN
class=GramE>it’s</SPAN> creation?<SPAN style="mso-spacerun: yes">
</SPAN><SPAN style="mso-spacerun: yes"> </SPAN>Or is the “progress of the
industrial arts a complete fraud?”<SPAN style="mso-spacerun: yes">
</SPAN>Most retailers are interested in moving product.<SPAN
style="mso-spacerun: yes"> </SPAN>They could put up the price and wait
for a buyer who’ll meet it, but while they’re waiting they’ve got ‘costs’ of
their own that are ongoing.<SPAN style="mso-spacerun: yes"> </SPAN>And
the ‘profit’ they might make selling a very few items, though it may well be
larger <I style="mso-bidi-font-style: normal"><SPAN
style="FONT-STYLE: italic; mso-bidi-font-style: normal">per item</SPAN></I>
than that of the merchant who moves his goods in <SPAN
style="mso-spacerun: yes"> </SPAN>volume for a lower price, is
diminishing from these ‘costs’ each day that product sits unsold.<SPAN
style="mso-spacerun: yes"> </SPAN>The real ‘competition’ generally
doesn’t come from those who do the same thing you do, only charge the public
‘more’ for it, but from those who do the same thing you do and charge the
public ‘less’. <SPAN style="mso-spacerun: yes"> </SPAN>If you were
making a pile of money from growing Callas and other <SPAN
class=SpellE>tropicals</SPAN>, how long before <SPAN
style="mso-spacerun: yes"> </SPAN>every other Northland Kiwi with a
little piece of your Island’s real estate and a horticultural bent would be
trying the same thing?<SPAN style="mso-spacerun: yes"> </SPAN>And what
happens to the market then? <SPAN style="mso-spacerun: yes"> </SPAN><SPAN
class=GramE>If you’re not making a pile of money from growing them, why
not?</SPAN><SPAN style="mso-spacerun: yes"> </SPAN><SPAN class=GramE>To
keep just that from happening, no?</SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><o:p></o:p></SPAN></FONT></B></P>
<P><B style="mso-bidi-font-weight: normal"><FONT face="Times New Roman"
color=navy size=3><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 12pt; COLOR: navy; mso-bidi-font-weight:
normal">In
lumber, the return generally has always been ‘on volume’.<SPAN
style="mso-spacerun: yes"> </SPAN><SPAN class=GramE>Trying to get the
‘costs’ down relative to it.</SPAN><SPAN style="mso-spacerun: yes">
</SPAN>Sure we try to sneak the ‘price’ up whenever we’re able to, but using
the CPD to subsidise a ‘raise’ in prices to Consumers just wouldn’t work.<SPAN
style="mso-spacerun: yes"> </SPAN>The greater problem would be ensuring
that the ‘big boys’ didn’t use it to unfairly subsidize predatory pricing, to
try to eliminate the competition through ‘lower’ prices that couldn’t be
matched. <SPAN style="mso-spacerun: yes"> </SPAN>There would have
to be an agreed upon minimum profit on ‘turnover’, (not on ‘capital’), but I
don’t think that would be hard to obtain, police, or enforce.<SPAN
style="mso-spacerun: yes"> </SPAN>If they want ‘more’ profit, then, they
have to find a way to engender a still higher turnover.<SPAN
style="mso-spacerun: yes"> </SPAN><SPAN class=GramE>Which should mean
‘better service’, and more innovativeness in ‘reducing costs’.</SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><o:p></o:p></SPAN></FONT></B></P>
<P style="MARGIN-LEFT: 0.5in"><FONT face="Times New Roman" size=3><SPAN
style="FONT-SIZE: 12pt"><SPAN
style="mso-spacerun: yes"> </SPAN><o:p></o:p></SPAN></FONT></P></DIV></DIV>
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