| Subject: | Re: [socialcredit] The MacMillan Presentation | | Date: | Tuesday, February 15, 2005 16:43:38 (+1000) | | From: | socred <socred @.......au>
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"The B component can be used to purchase capital
assets, but at that moment B becomes A".
I am sorry, but B payments can never become A payments at any time. Perhaps
I am mistaken and the "B" and "A" referred to are not payments but
theoretical assumptions in which case we are discussing different entities.
B payments cannot and are not A payments in any shape or form. Anyone who
has run a business or been involved in a business would know the difference
between a payment and a receipt. A and B payments are made by operator
number one. A payments become receipts to those in receipt of wages,
salaries and dividend. B payments become recipts to those who have supplied
goods and/or services to number one.
I have stated previously that when a B payment is received it is possible
that the money received is used to pay wages (the business in this situation
is really living from hand to mouth). However the payment of wages from
wherever it has originated, from receipts of sales, savings, borrowings,
constitutes another cost which has to be recovered from future sales. It is
an A payment by operator number two and has nothing to do with the first A
or B payment by operator number one.
Vic Bridger
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