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Re: RE: Re: RE: RE: Estimating Surplus

Eric Nilsson wrote:

Doug wrote, 
 Net interest is figured as what biz pays to households, right? It's
 an expense for business and an income for households.


Yes indeed that is the case. I guess such a number doesn't add to capitalist
surplus.


No but it's a subtraction from it. The concept is that households are
the ultimate holder of business debts - financial institutions are
just intermediaries.

Doug


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