| Subject: | Re: [socialcredit] Re: Request for William B. Ryan | | Date: | Thursday, December 6, 2007 22:23:52 (+0100) | | From: | Swieto Radosci <radosc @........pl>
|
| In reply to: | Message 5112 (written by william_b_ryan) |
Thanks, Bill, for your kind reply.
Could you explain what you mean by "accounting adjustments by rationally
applied credits from the
central bank to the accounts of final consumers". Is that credit interest
bearing and who is going to get it - all citizens or fraction of them. Is it
repayable?
If not repayable - is that non-repayment called " accounting adjustment"?
regards
Kristof
----- Original Message -----
From: <william_b_ryan@yahoo.com>
To: <socialcredit@elistas.com>
Sent: Monday, November 26, 2007 8:41 PM
Subject: Re: [socialcredit] Re: Request for William B. Ryan
>I thought I gave you a serious answer, Kristof. I
> certainly didn't intend it to be a joke.
>
> The best financial reform is along the lines of
> Douglas' national dividend and retail discount
> programs.
>
> I am quite disdainful of most of what passes as
> "monetary reform," which generally involves some
> fundamental change to the structure of the financial
> system, such as the abolition of interest, and/or the
> spending of money into circulation exclusively by the
> government. The structure of the present financial
> system is itself very nearly perfect.
>
> The problem is at the macreconomic level due to a flaw
> in accounting, where the costs of production are being
> expensed against retail sales at an accelerating rate
> in respect to sales, which is explained through the A
> + B theorem, or something similar.
>
> The solution are , in a
> form of accounting adjustment, boosting effective
> demand, bringing the expensing of costs to the point
> of retail into proportionality with sales, thereby
> sustaining the rate of profit in the dynamically
> growing economy, with naturally occurring labor
> displacement.
>
> The present continuous fall to the rate of profit
> induces entrepreneurs to continually pinch off
> production short of real demand and productive
> capacity, causing the permanency of poverty in the
> midst of plenty through much waste of resources. It
> is an illusion of scarcity due to financial
> inadequacy.
>
> Beyond that I would suggest a protectionist foreign
> trade policy, protecting domestic industry against
> predatory foreign competition. The strength of the
> American economy was built during the nineteenth
> century behind a tariff wall, allowing free trade and
> competition between the states, with similar cultures
> and standards.
>
> Bill
>
>
> --- Swieto Radosci <radosc@radosc.x.pl> wrote:
>
>>
>> From: <william_b_ryan@yahoo.com>:
>> > I think I said, Kristof, that I do not call myself
>> a
>> > social crediter, but do admit to being profoundly
>> > influenced by the writings of . I do not
>> > admit to agreeing with every word that he wrote,
>> but
>> > admit to not understanding much of it. One of the
>> > purposes of this list is to help us gain an
>> > understanding of what he really wrote and said.
>>
>>
>> The undrerstanding of what C. H. Douglas wrote or
>> said is not of my
>> particular concern. More what today reformists do
>> with his inspirations and
>> inuitions.
>>
>> I agree with Douglas's general idea of the deficit
>> of purchasing power in
>> the growing areas of the globe. I calculated that
>> deficit on real numbers
>> taken from Polish corporation where I served as CEO
>> and for sure Douglas was
>> right showing us this problem comparable to the
>> unefficiency of heart-pump
>> in human body. Purchasing power leaks out of
>> producing communities and
>> producers are forced to extend specialization and
>> import-export practicies.
>> If they don't, they alternatively hang on growing
>> debt.
>>
>> Now we have world-blood deficit in many places and
>> plentitude of it in
>> others - a zero balance situation from the double
>> accounting point of view,
>> but close to heart breake from the social one. I
>> personally attribute that
>> deficit of purchasing power to logistic (energetic)
>> and educational
>> (informatic, including money as information)
>> problems of our civilization.
>> In my opinion local money could serve better than
>> "retail discount programs"
>> proposed by Douglas - as local by-passes on global
>> defficiency in money
>> distribution.
>>
>> National dividend is ok but it strongly affects the
>> way national budget is
>> created, so it is not easy to implement from
>> grassroots.
>>
>> But, William, I asked you about your personal
>> opinion on Douglas proposals
>> in present socio-legal environment and you answered
>> by a joke... Please
>> answer seriously.
>>
>> Kristof Levandovski
>
>
>
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