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 -- --------- Original Message --------- DATE: Sat, 12 Jul 2003 17:27:56 From: Victor Bridger <[EMAIL PROTECTED]> To: Social Credit <[EMAIL PROTECTED]> Cc: >Bill. >the difference , I think in our approach is: >(1) I have stated that interest can only come from subsequent creations of >credit (ie. bank lending). If at any time I borrowed from a bank with an >attached repayment of interest and from that point on no new lending >occurred there would be insufficient money to repay "someone's" debt. >(2) I still adhere to my statement that money is not an asset (at least not >in Social Credit) terminology. It is a "claim, a means" by which an asset or >anything else may be obtained. By itself money is a nothing and I agree with >Douglas that it is psychological in that it can be anything we want it to be >provided it is acceptable by others, as per our definition of Money. >(3) I have attached in PDF an extract from Douglas's "Monopoly of Credit" in >which he clearly accepts that money is a liability not an asset. He refers >to "Fixed Assets and Money Assets" in his following explanation but the use >of Money Assets is a reference to the fact that these "Assets" can be >converted to or are a claim on money and also included Cash at call. It is >simply a recognition that "Money" is or should be a reflection of reality >i.e., those things he has shown under assets. >Vic ____________________________________________________________ Get advanced SPAM filtering on Webmail or POP Mail ... Get Lycos Mail! http://login.mail.lycos.com/r/referral?aid=27005 ==^================================================================ This email was sent to: [EMAIL PROTECTED] EASY UNSUBSCRIBE click here: http://topica.com/u/?a84IaC.bcVIgP.YXJjaGl2 Or send an email to: [EMAIL PROTECTED] TOPICA - Start your own email discussion group. FREE! http://www.topica.com/partner/tag02/create/index2.html ==^================================================================
