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Message 5112
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| Subject: | Re: [socialcredit] Re: Request for William B. Ryan | | Date: | Monday, November 26, 2007 11:41:59 (-0800) | | From: | william_b_ryan <william_b_ryan @.....com>
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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 rationally applied credits from the
central bank to the accounts of final consumers, 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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