.
Vic
- Original Message -=20
From: William B. Ryan [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Thursday, July 17, 2003 3:07 AM
Subject: Re: [SOCIAL CREDIT] to Victor
Vic, there's no simple reply to this. These are
arbitrarily concocted discrete transactions. Where
is the rate
Hi Bill,
Can you advise in which publication occurs the double circuit diagram by
Douglas that you quoted.
The manufacturing and retail sectors may be aggregated as Douglas did in
hisdouble circuit depicted in the attached diagram,also archived at
http://www.geocities.com/socredus/compendium .
: [SOCIAL CREDIT] to Victor
Date : Sat, 19 Jul 2003 16:08:21 +1000
Hi Bill,
Thanks for your comments below. There are a couple of
things that I will respond to and commence with the
final three paragraphs. I am fully aware of Douglas's
approach to Interest, Profit and Saving, and I have
never
or principal without furthering
borrowing.
Vic
- Original Message -
From: William B. Ryan [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Monday, July 14, 2003 3:29 AM
Subject: Re: [SOCIAL CREDIT] to Victor
--Bill, the difference I think in our approach is:
(1) I have stated that interest can
.
Vic
- Original Message -
From: William B. Ryan [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Thursday, July 10, 2003 2:51 AM
Subject: RE: [SOCIAL CREDIT] to Victor
Victor, there is very little real disagreement
between us. We differ mostly in definition and
terminology. I wrote
Victor, the attachment didn't come through. I think
it is because of limitations with the Topica server.
It does not archive attachments, sometimes it won't
transmit them.
If you will send it to me at this address I'll convert
to to plain text and forward it to the list.
Bill
--
-
.
It is definitely not the best solution.
Bill
---original message---
From: Victor Bridger [EMAIL PROTECTED]
Subject: Re: [SOCIAL CREDIT] to Victor
Date: Sat, 12 Jul 2003 17:27:56 +1000
Bill.
the difference , I think in our approach is:
(1) I have stated that interest can only come from subsequent
Victor, there is very little real disagreement
between us. We differ mostly in definition and
terminology. I wrote on June 20:
--Let's say that a loan comes due with accrued
interest not yet paid. That interest does exist in
the form of assets somewhere in the economy. Whether
you personally
Victor, you questioned some remarks I made regarding
assets as the residual of bank-financed expenditure.
Think of it this way: Say you purchase a house
through a mortgage, which you pay-off over time.
What remains is equity. If you were a business
rather than a homeowner the story does not end
