| Subject: | Re: [socialcredit] The Question of Exports | | Date: | Thursday, October 5, 2006 21:03:41 (+1300) | | From: | Peter Haines <cymric @.......nz>
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I agree with you and John. I call that free
enterprize.
Peter H
----- Original Message -----
Sent: Tuesday, October 03, 2006 1:22
PM
Subject: Re: [socialcredit] The Question
of Exports
Hi Everyone
Bilateral trade agreements would definitely contravene all the GATT
agreements and undermine the stranglehold that the IMF and World Bank
have on world trade. Since I predicted that GATT agreements would work to
the disadvantage of Primary producers and have opposed them from their
inception I can only support John Rawson. Fair trade can only take place
between direct negotiators. The IMF/World Bank introduces a third party
that does nothing except act as a wholesaler for money. We all know
wholesalers are the biggest rip off artists in the world. International
Bankers are no exception, and the sooner we cut them out of the trade cycle
and negotiate directly government treasury to governmant treasury the
better.
Bill Mc G
----- Original Message -----
Sent: Monday, October 02, 2006 8:08
PM
Subject: Re: [socialcredit] The
Question of Exports
Our Party in NZ has for years had a policy of bilateral agreements, in
addition to normal multilateral trade, whereby we could exchange, for
example, NZ dairy products made into ghee for railway rolling stock from
India. We would give them credit from our Reserve Bank of a certain
sum to buy our product and request a similar action from them. The Result
would be an equivalent increase in both goods (rail tickets here eventually)
and money in each country without any inflationary effect and without either
having to borrow to do ther deal. It is a means by which we could help
poorer countries, practically all of whom have something we could use.
At the very worst make it fashionable to buy some of their hand-made
artifacts.
I always regarded this as one of our most important and practical
policies. "Fair trade, not humiliating aid". Got enthusiastic
enough about it to be the made Party Spokesman on O'seas Trade for some
years when a Candidate. It would, of course, be a lever to encourage
monetary reform, whether SC or not, in other countries.
It would be frowned on by those controlling traditional trade agreements
etc., but someone has to buck them some day!
Regards. John
R.
From: Martin Hattersley
<hattersleyjm@interbaun.com> Reply-To:
socialcredit@elistas.com To:
socialcredit@elistas.com Subject: Re: [socialcredit] The
Question of Exports Date: Sun, 01 Oct 2006 12:20:07
-0600 >One other device that could be used in connection with
exports, is >to agree to receive payment in the currency of the
receiving country >(which might well be "frozen" or made
non-convertible into other >currencies). This would avoid the
problem of third world countries >busting themselves to earn
dollars with which to repay World Bank >loans. Instead, the World
Bank, or other overseas lender, would be >obliged to spend the
payment within the country to which the export >had been made, so
stimulating the economy there. > >Martin
Hattersley >5929 - 189 St., >EDMONTON AB CANADA T6M
2J1 >Phone (780)483-5442. >jmartinh@shaw.ca >e-mail:
hattersleyjm@interbaun.com >----- Original Message ----- From:
"William Hugh McGunnigle" ><wmcgunn@maxnet.co.nz> >To:
<socialcredit@elistas.com> >Sent: Saturday, September 30, 2006
7:28 PM >Subject: Re: [socialcredit] The Question of
Exports > > >>This observation came from my brother
Singapore. With regards to >>exports and contractual work
tendered in countries like S. Korea >>amd Taiwan they have
devised an ingenious but perfectly legal >>method of ensuring
that their prices always beat their competitors. >> In
contractual bids they gain a general idea of their
>>competitor's bids and then approach their governments for an
>>exchange rate concession. This ensures that the Reserve Banks
of S >>Korea and Taiwan adjust the exchange rate for that
company to >>ensure that the company's bid will beat any
competitors. >> Their export goods are costed in a similar
manner. A personal >>rate for the company for each country with
whom they are trading. >>The returns from this are enormous, and
benefit those country's to >>the disadvantage of everyone
else. >> This appears to be the ultimate in exchange rate
manipulation >>and impossible to police or
circumvent. >> Thought it might throw some light on some of the
more bizarre >>terading deals that have taken place over the
last half century. >> Bill Mc G >>----- Original Message
----- From: "MODERATOR" <socredus@yahoo.com> >>To:
<socialcredit@elistas.com> >>Sent: Sunday, October 01, 2006
4:45 AM >>Subject: [socialcredit] The Question of
Exports >> >> >>>*The New
Age* >>>December 1, 1921 >>>The Question of
Exports. >>>By C. H.
Douglas. >>> >>>The editor has passed on to me two
letters which seem >>>to indicate some confusion of thought as
to the >>>bearing of a modified credit system on export
Trade. >>>Both these letters quote statistics of
wheat >>>production and consumption with a view to
throwing >>>some doubt on our capacity to grow our own
food. >>> >>>Now, ultimately, statistics are
indispensable to sound >>>practical politics, but to the
writers of these >>>letters, as well as to others who may be
tempted to >>>attack the problem on the basis of
official >>>statistics, it may be emphasised that it is
nearly >>>irrelevant to the primary issues whether this
country >>>can feed it's population off its own acreage or
not. >>>It is quite arguable that it can; and it is
also >>>arguable that it would be bad business for it to
try. >>> >>>These issues are: >>>(I)
Are there inducements operating towards the best >>>use of the
land we have? >>>(2) If we export services (i.e., the energy
element of >>>production) do we get the best real price for
them? >>> >>>In regard to (1), and leaving out of
the argument, for >>>the moment, the indisputable fact that
the acreage >>>under wheat is steadily decreasing decade by
decade, >>>consider the position of the farmer. He, like
everyone >>>else at present, is in business to make money, not
to >>>deliver goods. It is quite true that he makes money
by >>>selling things, but he can easily make more money
by >>>selling less goods at a higher price, than vice
versa. >>> >>> >>>Now wheat is one of
a fairly small group of >>>commodities over the price of which
the individual >>>producer has practically no control
whatever. It is a >>>graded homogeneous product bought in bulk
by experts >>>who have a strictly finite demand for it, and
the >>>price paid is under existing conditions purely
fixed >>>by supply and demand whether unfettered
or >>>artificially stimulated by rings, and is not
directly >>>based on
cost. >>> >>>Normally, a given amount of foreign
wheat is >>>contracted for in this country-bought on "futures"
by >>>grain brokers whose price fixes a datum line
for >>>home-grown wheat. So long as wheat is in short
supply >>>as compared with the demand, the price rises
and >>>everyone engaged in the grain trade, either
as >>>producer or dealer, may benefit, although no
doubt >>>most of the benefit goes to the
dealer. >>> >>>The relation of the farmer to this
situation must >>>surely be plain. The one situation he must
avoid at >>>all costs is that produced by throwing grain on
the >>>market in any quantity which will bring down
prices, >>>that is to say, slacken the demand or competition
to >>>buy. His criterion of a satisfactory
output, >>>therefore, bears no relation to what amount of
wheat >>>the public requires, or what amount the land
will >>>produce, but rests fundamentally on, firstly,
the >>>operations of the grain brokers and, secondly,
an >>>estimate of what margin of profit can be
extracted >>>from the market by keeping it short of wheat
without >>>causing a secondary movement of grain from
other >>>markets. >>> >>>As
transportation facilities improve, the proposition >>>becomes
less and less attractive to the farmer who is >>>driven more
and more to the production of perishable >>>goods, such as
eggs, butter and milk, whose nature >>>enables him to control
the local market, or to the >>>raising of stock on which the
transportation charges >>>and risks are
heavy. >>> >>>The first prime question can
therefore be answered >>>quite confidently in the
negative. >>> >>>In regard to the second point,
let us assume that the >>>magnitude, at any rate of our
imports of foodstuffs, >>>is a reasonable subject of
discussion and policy. It >>>is evident that there is a point
at which it is >>>debatable whether we should grow the last
few million >>>quarters of wheat required on land which may
not be of >>>the most suitable description, or whether it is
sound >>>business management to obtain this wheat by
the >>>exchange for it of manufactured goods-that is to
say, >>>by an export of economic
energy. >>> >>>It does not take much consideration
to see that the >>>answer to this is purely quantitative: how
much wheat >>>are we to get for a given energy
export? >>> >>>It is true enough, as our
super-industrialists and >>>orthodox economists are always
telling us, that >>>imports are paid for by exports, but, on
the whole, >>>they are content to leave it at that. They do
not >>>explain, for instance, how a population which
most >>>certainly cannot, and does not, buy its own
total >>>production for cash (if it could, there would be
no >>>necessity either for home or export credits, and
no >>>"unemployment" problem), can become able to buy
the >>>imports which are exchanged for the
unpurchasable >>>surplus. >>> >>>They
do not, again, explain how a textile worker, paid >>>wages for
converting a bale of raw cotton worth, say, >>>into goods
worth, say, can benefit if in return for >>>these manufactured
goods two more bales of raw cotton >>>at are received-a
condition common to Trade booms. Nor >>>do they generally
publish the fact that English >>>machinery is often sold to
export agents abroad at far >>>lower prices than those at
which the same machinery >>>can be obtained at home, or that
it is possible to >>>buy, in the bazaars of Bombay, a shirt
made in >>>Lancashire for a quarter the price at which the
same >>>shirt can be bought retail in
Manchester. >>> >>>The simple facts are that,
under existing >>>arrangements, our principal pre-occupation
is the >>>provision of employment--the making of work. On
this >>>simple canon hangs the Law and the
profits. >>> >>>When, therefore, a locomotive is
required for the >>>Argentine, and assuming for the moment
that it is in >>>any sense sold in the open market, there is
a >>>competition, open to the industrial nations of
the >>>world, to sell locomotives and to buy wheat, with
the >>>usual and logical result that wheat appreciates
in >>>price in terms of locomotives, the
industrial >>>exporting country continually gives more, and
the >>>exporting agricultural country continually
less, >>>economic energy in every
bargain. >>> >>>In order to make a bargain which
is Just, i.e., >>>judicious, the industrial nation must be
restored to >>>the position of a free, not a forced, seller,
just as >>>to restore social equilibrium inside the nation
the >>>individual must be put in the position of a free,
not >>>a forced, worker. The arrangements which would
fulfil >>>these desiderata are already sufficiently familiar
in >>>principle to readers of *The New
Age.* >>>- >>> >>>__________________________________________________ >>>Do
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