John, you mioght look at my commment of August 4, and try the same text as I
did.
Keith
----- Original Message -----
From: John M�daille <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Tuesday, August 05, 2003 8:13 PM
Subject: Re: [SOCIAL CREDIT] What is Social Credit?
I sure wish someone would answer the question in the Subject line of this
thread. I thought myself fairly sophisticated, for a layman, about things
economic, until I attempted to get my arms around Douglas's theory. I have
an intuition that there is something valuable in all of this, but I have
not been able to sort it out. Wally was good enough to send me a pile of
stuff on the A+B theorem, which if I understand it, means that the system
must always be running near bankrupt and on borrowed money (itself an
artificial creation) until it actually goes bankrupt, and then starts the
cycle all over again. Something to do with the timing of payments. But
frankly, I can't make heads or tails of it. Is there a succinct explanation
of this theory, or is it too arcane for that?
John C. M�daille
"A dead thing can go with the stream...
but only a living thing can go against it."
-G. K. Chesterton
http://www.medaille.com/distributivism.htm
[EMAIL PROTECTED]
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