I'm the student here, not the teacher. As I understand it, however, the
dividend in an issuance of money directly to citizens, by a public monetary
authority, with no implication of debt to anyone.  The compensated price is
a similar issuance of cost relief to elements of the production-distribution
chain.  Beyond that, you'll have to ask the experts.

Keith

----- Original Message -----
From: <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Cc: <[EMAIL PROTECTED]>
Sent: Monday, September 01, 2003 7:51 AM
Subject: Re: [SOCIAL CREDIT] Keith Wilde on "Fungibility"--correction


>
>
> On Mon, 1 Sep 2003 08:37:32 -0700 Keith Wilde <[EMAIL PROTECTED]>
> writes:
> > I did not give "two precepts", but rather one concept and one precept
> > related to the concept.
> >
> > Keith
> >
> I stand corrected.  I was not paying attention.  But I do need
> your help in understanding how monetary policy enables an
> "equitable sharing of the accumulation."
>
> Wes
>
> > ----- Original Message -----
> > From: <[EMAIL PROTECTED]>
> > To: <[EMAIL PROTECTED]>
> > Cc: <[EMAIL PROTECTED]>
> > Sent: Sunday, August 31, 2003 5:30 PM
> > Subject: RE: [SOCIAL CREDIT] Keith Wilde on "Fungibility"
> >~~~~~~~~~~~~ Snip ~~~~~~~~~~~~~~~~~~~
>
>
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