(John Rawson wrote:-) Sounds alright to me, but I must ask:
Are we now
considering paying out all new credits per this mechanism?
(Joe replies:-) No, I don't
think so, John. Not when the attachment Bill provided is read
closely. On first reading it might seem that this might be some
alternate method to the CPD. But after re-reading it, I'd say
not. Though I might well be shown to be
wrong.
None for a
national dividend, and new production to be all financed by BORROWED new
credits?
No, the National dividend is
mentioned in the latter part of the attachment.
I believe that it's already been
shown that, macro-economically, "new production", is already all
financed by BORROWED "new credits".
Joe, I've just had a happy thought. After this country's
America's Cup tenure, we have developed some real high-powered boat-building
industry, including a local firm turning out luxury yachts at several million
dollars a time for export. A SC govt. in America paying out a discount
of up to 80% might allow their billionaires to buy several each for their
fanilies? And help little Whangarei's industry no end!
It sounds like some things never
change in New Zealand! I've read that much of your
officialdom that hosted Douglas back in the 1930's were hoping that
Social Credit could be established ~ but IN
BRITAIN.
For similar reasons to those
you've stated above. To hopefully improve NZ's exports
there. Many more so than they were concerned with
understanding what his 'Social Credit' proposals really were, or
getting them implemented in NZ.
The point being that I think the National Dividend concept would be
far fairer to the lowly- paid like us. And we'd still sell our magnificent
boats.
I think you'd really gain much
more if you had a CPD set-up in concert with the ND so you could benefit from
a consumer price level that didn't take all your income. Even if the
discount turned out to be very small in the beginning, 'something' is always
better than 'nothing', I'd say. It's the first step towards a genuine
'prosperity', rather than just a continuance of an 'inflation' in that
guise.
If the boats are that
good, (as are some of your other products that've found their way to our
shores), and there is a genuine demand for them, I don't think you'll
have much problem selling them. Some of your other stuff is
certainly 'world-class' in design and manufacture, (Waratah
feller-buncher heads for mechanized timber harvesting , for one ~ and
there are many others), and have already made considerable inroads into
NA markets. NZ grown 'spring lamb' is getting a bit pricey here, though!
Regards,
Joe
Regards. John
R.
> Date: Mon, 11 Feb 2008 20:36:56 -0500
> From:
thomsonhiyu@shaw.ca
> To: socialcredit@elistas.com
> Subject: Re:
[socialcredit] The Use of Social Credit
>
> (Bill Ryan wrote:-) I
am interested in having any other interpretations
> that anyone might
have of this quotation from Douglas
>
> (Joe asks:-) Could this
be an alternative method to having the more
> familiar mechanisms
suggested for the Compensated Price Discount?
>
> ----- Original
Message -----
> From: <william_b_ryan@yahoo.com>
> To:
<socialcredit@elistas.com>
> Sent: Monday, February 11, 2008 2:00
PM
> Subject: [socialcredit] The Use of Social Credit
>
>
> > This is from Douglas' address from 1935, entitled,
> >
"The Use of Social Credit":-
> >
> > "...the first objective
of Social Credit is to provide
> > sufficient money to meet these
charges which occur in
> > ultimate products as the result of the
existence of
> > industrial assets. One of the methods by which it
is
> > proposed to do this is to take the charge for
> >
industrial assets out of prices and pay it direct to
> > the owner of
the assets. Instead of taxing him in
> > money for the possession of
industrial assets we
> > should, on behalf of the consumer, pay him
for the use
> > of them. That is not essential to the theory, but
it
> > is a quite possible way of dealing with the situation.
>
> The real beneficiary, it should be noted, is the
> > consumer,
who gets lower prices."
> >
> > Essentially, in my opinion,
what Douglas is suggesting
> > here is that depreciation charges are
to be reimbursed
> > to the firms in the form of credits from the
National
> > Credit Account, as depreciation is incurred
through
> > the conventions of accounting. The firms' incomes
are
> > thereby increased as expense is charged against gross
>
> income, thereby increasing the firms' rates of profit.
> >
Presumably, competition between the firms will reduce
> > prices,
though not necessarily dollar for dollar,
> > charged to final
consumers in the process.
> >
> > I am interested in having
any other interpretations
> > that anyone might have of this
quotation from Douglas.
> >
> >
> >
>
____________________________________________________________________________
>
________
> > Be a better friend, newshound, and
> >
know-it-all with Yahoo! Mobile. Try it now.
>
http://mobile.yahoo.com/;_ylt=Ahu06i62sR8HDtDypao8Wcj9tAcJ
>
>
> >
> >
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