| Subject: | [socialcredit] RE: OWNERSHIP: Malthusian Pessimism--a question | | Date: | Friday, March 4, 2005 18:19:56 (+0200) | | From: | Jessop Sutton <sutton @...........za>
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| In reply to: | Message 607 (written by Wallace M. Klinck) |
On Friday 04 Mar 2005 5:57 am, Wallace M. Klinck wrote:
> This mining of the earth's resources is not primarily due to "greed" but
> rather to the unavoidable necessity to struggle in an evermore futile
> attempt to meet the demands of a defective financial price-system--demands
> which in the context of orthodox debt finance are impossible of fulfilment.
> We are on a financial treadmill which is being more and more steeply
> inclined while we must run faster and faster, while slipping backward all
> the time.
==============================
Can anyone on the List let us see a graph comparing GDP increase at
current-prices with GDP at constant-prices over an extended period (say 10
years)? I haven't any recent figures, but here in SA from 1984 to 1991 the
former increased by 176% while the latter remained more-or-less static. This
means that while the money supply increased dramatically, the
unit-production/consumption hardly changed in spite of an increase in
population**. Graphed over the same period (I mean for recent figures that
someone on the list might supply), how do the flux and reflux of credit
compare, ie., is the gap maintained at a fairly constant percentage over
time?
In simple terms, the question is: Are my outdated figures an abberation due to
an abnormal inflationary period and, contrariwise, do the demands of the
defective financial-price system referred to by Wally generally cause an
increase in aggregate physical consumption of goods?
[Note: ** That means, of course, that people on average enjoyed less of the
good things -- but I suppose we could guess that the rich continued to
consume at an increasing rate while the poor could afford less and less?]
Jessop.
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RE: OWNERSHIP: Mal
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