Attention: Bill Ryan and All Others
Thanks Bill, for the material on Eimar O'Duffy. If you haven't read his
Life and Money, do try to locate a copy. I'm sure you will find it a
delightful experience to read: Life and Money by Eimar O'Duffy
(London: Putnam, Third Edition, Revised, October,
On Wednesday 19 February 2003 22:17, Chick wrote:
Questions about South Africa
--
I want to thank you, Chick, for your full response, in this posting and in
your other one. There is a lot of food for thought and fruitful discussion
with my local
Thank you for sharing your thoughts. Allow me to share mine.
In a message dated 2/19/2003 2:32:25 PM Eastern Standard Time, [EMAIL PROTECTED]
writes:
New System Thoughts
(Chick Hurst)
First and Foremost: Central Bank must be owned and controlled for the people by
their government.
Dear Friends,
Where Michael Bindner says the A+B Theorem breaks down is exactly where it comes into its own. B can be thought of as reimbursements for past cumulative A, whereas A stands for current A. What technology wants to do, if we let it, is make things cheaper, that is, make current A less
Victor
You are right. The term collectivism is possibly the wrong term however,
what I was getting at is that there are collective aspects or traits to
every part of humanity. A family is a collective of sorts, as is a
business, a community etc. There is a definite collectivist aspect to
On
Wednesday 19
February 2003 21:32, you
wrote: New System Thoughts (Chick
Hurst)-Comments from Jessop follow in context.
First and Foremost: Central Bank must be owned and controlled for the
people by their government.JS:
Agreed.--- 1.. Money is paid
into
At 08:39 PM 19/02/03 -0500, you wrote:
why do you assume that the benefits don't accrue to the owners of the group b
payment instantly? In fact, in acrual accounting, all payments are
identified with the period in which they are earned. Theoretically, there is
no lag. The owners of the group
Thank you for sharing your thoughts. Allow me to share mine.
In a message dated 2/19/2003 2:32:25 PM Eastern Standard Time,
[EMAIL PROTECTED] writes:
New System Thoughts
(Chick Hurst)
First and Foremost: Central Bank must be owned and controlled for the
people by their government.
Money
The word is Theorem. It does not breakdown because you have not understood
what a B payment is nor have you understood the element of time. As you say
eventually. Christmas is coming eventually but that is even more
predictable than the results of the equation stated below.
This theorum breaks
many group b assets borrowed against these earnings to fuel consumption.
Need I say any more? That is precisely the point. Read carefully the last
sentence in the Theorem.
- Original Message -
From: [EMAIL PROTECTED]
To: Social Credit [EMAIL PROTECTED]
Sent: Thursday, February 20, 2003
Following up earlier message Subject: Better Access to an Axis for Good
Dear Jack, Curtiss, and Friends, please review a temporary
homepage which we can use to coordinate a beginning of
a digital visual library to bring participation in reform to
the digital audience with less glut, spam, junk
Chick,
Society is a collective of individuals. People associate in order to
increase the benefits to themselves because it was long discovered that
people in association can do more than by one person by himself or herself.
In that sense there is an increment of association, the results of which
People are paid wages and salaries also on the same
basis. They are not paid out of profits that may be realised on next week's
sales. They are nevertheless a cost incurred today and can only be recovered out
of an income resulting from a future sale where price is met. This is no
different
Comment on item as noted below.
(1) It is not clear what is meant by financial assets as stated, so
certain assumptions have to be made. It is not a question of whether all of
it (i.e the 'A' payments - which are wages, salaries and dividends) may be
purchasing-power (which it is) and the fact
On social welfare, you misunderstand my point. I am not saying that everyone
must be employed to get services. I am saying that everyone who is employed
designates a faith based (or secular) social welfare fund that their employer
pays into in lieu of paying into the VAT. Those who get
C. H. Douglas, *The Monopoly of Credit* published 1931
We are now in a position to examine a fundamental
axiom of national finance as at present conducted,
which is that budgets must be balanced, by which is
meant that all Governmental expenditure must normally
be recovered from the
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