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Replying to Terenc william_
Replying to Rawson william_
Re: Re: 100 percen Swieto R
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RE: Re: 100 percen John G R
Re: Re: 100 percen Wallace
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Replying to Palmer william_
RE: Replying to Pa John G R
Re: replying to 's Ed Goert
Re: Re: 100 percen Swieto R
Pressed down and o Eric Enc
Re: Re: a "well-re William
Re: Why jobs disap William
Re: Re: 100 percen William
"Socialism and Soc william_
Re: "Socialism and Jim
Re: "Socialism and Bob Taft
RE: Re: 100 percen John G R
Re: "Socialism and Wallace
Re: Re: a "well-re Kenneth
Replying to Klinck william_
The Money System T Arian F.
Re: The Money Syst Wallace
Re: The Money Syst Arian F.
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Troubled/Shackled Eric Enc
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Subject:RE: [socialcredit] Replying to Rawson: Why jobs disappear
Date:Wednesday, June 3, 2009  21:57:48 (+0000)
From:John G Rawson <johngrawson @.......com>
In reply to:Message 6793 (written by william_b_ryan)

No, Bill, by this I state, not imply, that banks have taken over the right to create money which right should belong to the nation.
New Zealand has some of the highest interest rates in the world because the authorities are trying to bolster up a weak currency and "encourage investment". A $NZ buys in this country what a £UK buys there, but the ratio has regularly been about 2.5 to one.  Nearly 3:1 a while ago. The difference in value is artificial.
So I'll confine my comments to nations such as yours and say that probably what the banks charge there for commercial loans is probably very reasonable. But paying commercial rates for public infrastructure is a totally different matter. Non-commercial enterprises make no profit  to fund payments.
Regards.
John R.



 
> Date: Wed, 3 Jun 2009 08:42:09 -0700
> From: william_b_ryan@yahoo.com
> To: socialcredit@elistas.com
> Subject: [socialcredit] Replying to Rawson: Why jobs disappear
>
>
> "In NZ we believe that money should be cost- (interest-) free AT ISSUE, except for the minor costs of the equipment necessary to carry out the process."
> -----------------------------------------------------
> ------------------------------------------------------
>
> By this you imply that banks vastly overcharge for the services they supply. You will have to provide some evidence that this is actually the case.
> -
>
> "We have nothing against banks getting a fair return for lending it to industry. They provide an excellent service in doing this.
>
> "At present, of course, they get it 'cost free' because they have the right to manufacture it."
> -----------------------------------------------------
> ------------------------------------------------------
>
> There are nontheless real costs to supplying the financial services that the banks supply. That is to say, there are costs of manufacturing the money that they loan, in payments for bricks and mortar, salaries, wages and dividends. You are really saying that they are charging too much for the service that they supply. You are going to have to provide some evidence that this is actually the case.
> -
>
> Nevertheless, Wally, IF that is the proportion of their returns that banks pay out, this was an excellent example of why jobs (and purchasing power) disappear under the present system.
> -----------------------------------------------------
> ------------------------------------------------------
>
> But the actual empirical evidence is that firms in general are always paying out MORE than they are receiving back over their sales counters, in normal times of economic growth. You will have to supply some evidence that banks behave differently than ordinary firms in this regard. You will also have to provide some explanation why they would do so.
> -
>
> It could also have made a case for why we have to grow industry for growth's sake, or why we have to produce armaments to live. And use them to die!
> -----------------------------------------------------
> ------------------------------------------------------
>
> Not if the argument is utterly and completely fallacious, John. A much better case is made through the A + B theorem. This is a Social Credit list. I suggest you become familiar with the core principles of Social Credit.
>
>
> -------------------original messages---------------------
>
> Subject: RE: [socialcredit] Re: Why jobs disappear
> Date: Tuesday, June 2, 2009 23:07:27 (+0000)
> From: John G Rawson <johngrawson@hotmail.com>
> In reply to: Message 6788 (written by william_b_ryan)
>
> Hi Bill.
>
> In NZ we believe that money should be cost- (interest-) free AT ISSUE, except for the minor costs of the equipment necessary to carry out the process.
>
> We have nothing against banks getting a fair return for lending it to industry. They provide an excellent service in doing this.
>
> At present, of course, they get it "cost free" because they have the right to manufacture it.
>
> Regards.
> John R.
> ---------------------------------------------------------
>
> Subject: RE: [socialcredit] Why jobs disappear
> Date: Tuesday, June 2, 2009 23:00:42 (+0000)
> From: John G Rawson <johngrawson@hotmail.com>
>
> Nevertheless, Wally, IF that is the proportion of their returns that banks pay out, this was an excellent example of why jobs (and purchasing power) disappear under the present system. It could also have made a case for why we have to grow industry for growth's sake, or why we have to produce armaments to live. And use them to die!
>
> In other words, a logical presentation of the situation SC policies are needed to fix.
>
> Regards.
> John R.
> -
>
>
>
> ---------------------------------------------------------------------
> Some introductory materials to the discussion topic of this list are at
> http://www.geocities.com/socredus/compendium
> You're subscribed to this list with the email johngrawson@hotmail.com
> For more information, visit http://www.eListas.com/list/socialcredit


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