| Subject: | [socialcredit] Re: [Cap_contacts] Fwd: Banking and the Canadian Government - revised | | Date: | Thursday, January 10, 2008 22:19:43 (-0500) | | From: | Joe Thomson <thomsonhiyu @....ca>
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| In reply to: | Message 5199 (written by william_b_ryan) |
(Bill Ryan wrote:-) "The more prudent course of action is based on the
principle of gradualism, where the Dividend and Discount are introduced in
relatively small amounts at first, and gradually increased over time, so we
might deal appropriately with unforeseen consequences that will inevitably
occur."
(Joe replies:-) Douglas, in his 1930's "Draft Plan for Scotland",
recommended that the initial amount of the Discount, (at that time),
shouldn't be less than 25%. And the "Goldsborough Bill" from that same era
proposed an initial amount of 15%. Both of these amounts are signifigant
discounts. Though both were proposed in a time of prolonged Depression, and
the latter is not far from what we are currently charged, in this country,
in Sales Taxes.
Do you think either amount would be appropriate as an initial Discount
today? Would the same reasons Douglas gave for making it 25% to start with
still be relevant, (to ensure broad based participation amongst merchants)?
Or, if we followed the principle of gradualism you mentioned, would we
likely begin with some smaller amount, and hope for broad merchant
acceptance?
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Re: Fwd: Banking a
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