Hi folks,
I had to resend this without the attached file to satisfy
topica size limits. Fig2-3b.gif is in the URL below.
Wes
--------- Forwarded message ----------
From: [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED]
Date: Fri, 22 Aug 2003 15:22:13 -0400
Subject: #2, W. B. Ryan, 08-21-03, Re: Communication problem with Maj. C.
H. Douglas.
Message-ID: (Deleted by Wes Burt)
To: Many devious defenders of the status quo on my copy list.
A few friends are already singing in the choir, but more
of the DDotSQ must be persuaded to join in the singing
before the public will hear us.
Dear Bill,
Your response to my statement of 08-21-03 is copied below
for the enlightenment of my copy list, with comments inserted.
You are right again, Bill, "a node is simply a circuit point
in DC circuits." Back in the 1950s, nodes were also "simply
a circuit point" in A/C power grids because A/C power
cannot be stored efficiently. Consequently, the nodes or
corporate operating areas appear as "points" on the map of
an A/C power grid, and have no storage capacity. And all
connections of the "point" to other operating areas must be
metered at the area boundaries so production within the "point"
can be continuously equated to the consumption of electric
power within the "point" by the dispatching function, which
General Electric automated in 1954, but Ronald Reagan
never mentioned in GE's public relations programs. Now,
fifty years later, we have a third world power grid and are
headed for a third world economy, to join Afghanistan and
Iraq, if frequent posters on the Internet have their way.
--------- Forwarded message ----------
From: [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Date: Thu, 21 Aug 2003 15:14:04 -0700
Subject: RE: [SOCIAL CREDIT] W. B. Ryan, 07-03-03, Re:
Communication problem with Maj. C.
Message-ID: (Deleted by WSB)
Wes, a "node" is simply a circuit point in DC
circuits. It is not a component.
Say's Law does parallel Kirchoff it that it regards
economic sectors somewhat as nodes where inputs equal
outputs and outputs equal inputs. Leontief follows
the same line of reasoning and is equally fallacious.
[WSB Leontief's national Input/Output tables have received
as little public exposure as GE's Automatic Dispatching System.
So the public does not have a valid conceptual framework for
evaluating the effects of deregulation or tax policy on its power
grid or on its economy. WSB]
This from your post is not a proper rendition of
Kirchoff:
***>...all flows, in or out of the node, must be
measured and accounted for in the equation for the
particular node and the sum of the flows must equal
the measured change of inventory within the
particular node.<***
There can be no "change of inventory" within a node
because a node has no inventory--it is simply a
point. The sum of currents into the point must equal
the sum of currents simultaneously out of the point.
Economic sectors are more like components than
points. Inputs do not automatically equal outputs in
terms of financial flows.
[WSB That is true. But every business and household
can hold cash balances and lines of credit to accommodate
the unexpected. WSB]
***>[WSB If social credit had contained a complete
and technically valid general theory of human
development (GToHD), surly C. H. Douglas would have
won public acceptance of it.<***
This is a ridiculous statement on several counts.
The technical validity of anything does not guarantee
the "public acceptance" of anything--surely you know
that. And "public acceptance" does not indicate the
technical validity of that which is accepted.
Note that the operative term below is "nodality" not
"node."
[1] In a system of continuous flow such as a
pipeline, let N be a nodality which contains a volume
V defined by the dimensions of N. Let the rate of
flow of aggregate inputs to N be designated I. Let
the rate of flow of aggregate outputs be designated
O. Let the rate of change in V be designated dV/dt.
Then I = O + dV/dt. Now if N's dimensions are fixed,
dV/dt = 0, so that I = O. But if N's dimensions are
expanding, I is > O.
[2] Assert axiomatically that in respect of an
expanding nodality in a system of continuous flow,
the rate of flow of aggregate inputs must exceed
outputs. Now let there be one such nodality P with
inputs flowing at rate I and outputs flowing at rate
O. Then configure P in a closed circuit with a second
such nodality Q so that the outputs of P are the
inputs of Q, and the outputs of Q are the inputs of
P. Consistent with the assertion above the following
conditions must simultaneously obtain: X > Y and Y >
X, which is impossible. It is therefore concluded
through implication that for such a circuit to
function, it must be inferred that it contains within
its structural complex a counter-nodality that has
outputs greater than inputs that must be factored
into the calculation. That counter-nodality in
financial systems is credit.
[3] In respect of financial institutions, let
deposits = D, loans etc. = L, cash in hand = C, and
capital = K. Then: assets = L + C, liabilities = D +
K, so that L + C = D + K. Differentiating with
respect to time: dL/dt + dC/dt = dD/dt; K being
fixed, dK/dt = 0. Assuming cash in hand is kept
constant, dC/dt = 0. Therefore dL/dt = dD/dt, which
means that loans create deposits and the repayment of
loans cancel deposits.
[WSB Surely, You jest. WSB]
---original message---
Date: Thu, 21 Aug 2003 15:59:58 -0400
From: [EMAIL PROTECTED]
[snipped]
~~~~~~~~~~~~~~~~~~~~~~~
Thanks for the enlightenment, Bill. I trust your concern,
and that of Ken Palmerton, for the amount of M1 and M0
will explain why my two local newspapers stopped
publishing M1 when it reached $1,200 Billion in 1994, as
shown on Fig2-3b.gif attached.
Kind regards,
Wes Burt
To further explore "The Optimum Policy" illustrated
at URL <http://www.epie.org/cyber-soc/default.htm>
please join me at list <[EMAIL PROTECTED]>.
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