| Subject: | Re: [socialcredit] In reply to Keith, more on A+B | | Date: | Thursday, April 12, 2007 09:48:03 (-0600) | | From: | Martin Hattersley <hattersleyjm @.........com>
|
| In reply to: | Message 4681 (written by Joe Thomson) |
Aren't we missing something here?
What we are trying to do is to balance the rate of flow of costs with the
rate of flow of incomes.
That is a simple exercise in arithmetic, and there is no need to estimate
e.g. the price of lumber or anything else to do this - only what the
manufacturer's or retailer's financial overhead has been, and what consumer
incomes have been.
Additionally, surely it is possible to work on a "feedback" basis, so common
in nature. If what we do is causing inflation, we cut back a bit on our
dividend or just price. If the economy is running below capacity, we jack
these up.
Martin Hattersley
5929 - 189 St.,
EDMONTON AB CANADA T6M 2J1
e-mail: ----- jmartinh@shaw.ca
Original Message -----
From: "Joe Thomson" <thomsonhiyu@shaw.ca>
To: <socialcredit@elistas.com>
Sent: Wednesday, April 11, 2007 9:49 PM
Subject: Re: [socialcredit] In reply to Keith, more on A+B
> I don't believe that it would really be too difficult to find the amount
> of
> 'real production' of various commodities coming into the retail market, in
> total. I think that is already being done, and done quite accurately.
> But it occurs to me, though I may be way off the mark here, (and I won't
> be
> at all disappointed if someone shows me that I am), that it may be
> difficult
> to relate that to A+B 'costs' in the way we want to determine what is
> really
> 'inflation'.
>
> Lumber, for example, is equated in 'board feet', (at least in North
> America). A standard 'volumetric' measure applicable to all dimensions,
> grades, species, etc. We know how much 'volume'~ how much in 'board feet'
> total, is produced in various periods, how much is consumed domestically,
> how much is exported, and to where. But to break this down in relation to
> all the myriad of lumber products that are manufactured in regards to
> 'real
> production', item by item, would likely be quite a chore.
>
> And if we just used the overall 'board foot' total, we might not
> necessarily
> always be able to discern what is really 'inflation' from that, since
> there
> are periodic market shifts when normally relatively low volume, but
> high-priced, (and high-cost to make), items are in demand, and sometimes
> this co-incides with periods when normally high volume, lower cost and
> priced items aren't.
>
> I think we might find this in regards to some other products, too. True,
> we
> can easily know how many Ford cars come off the line and are heading for
> their dealers' lots. But what we don't know are whether they're 'plain
> Janes', or loaded to the hilt with options. And there'd be quite a
> difference in 'cost' per 'volume' if it were more of the latter in a
> period
> following one when there had been more of the former.
>
> If this is indeed a 'problem', and again, I don't have the expertise to
> know
> that it would be, ( and I honestly hope that it's not), would we not have
> to find some way to 'equate' ALL production? And I think to do that we're
> back to 'money'.
>
> Joe
>
>
>
>
>
>
> ----- Original Message -----
> From: <william_b_ryan@yahoo.com>
> To: <socialcredit@elistas.com>
> Sent: Wednesday, April 11, 2007 10:29 AM
> Subject: Re: [socialcredit] In reply to Keith, more on A+B
>
>
>> I believe I asked this question myself--or at least
>> intended to. Your answer that the measurement is in
>> physical units looks impossibly cumbersome--a real
>> challenge to the Credit Authority, if that is where it
>> is to be done. How do you add them up, especially for
>> goods intended for retail? And how do services get
>> included--doctors, nurses, lawyers, accountants,
>> garbage collectors? To itemize quantities of
>> individual goods and services on a regular basis seems
>> like an impossible task?
>>
>> Keith
>> ----------------------------------------
>>
>> I think we do it now. We have a fairly good idea how
>> many bushel baskets of oranges reach the market each
>> year, Ford automobiles, etc. It's not actually
>> "itemized" or "measured," but done through sampling
>> techniques. The information is available in various
>> statistical abstracts. I imagine it's more difficult
>> to compile for services than hard goods, but it's
>> still done. Right?
>>
>>
>>
>> --- Keith Wilde <keithwilde@sympatico.ca> wrote:
>> [above]
>>
>>
>>
>>
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> ---------------------------------------------------------------------
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