Re: The Compensated Price

["Dan Parker" <dan.parker@xxxxxxxxxxxxxxx>]

This will be my final communication on this matter.


DP: > >The compensated price system looks like a bureaucratic nightmare
and >something >that would be open to abuse in my opinion. It might be
better than the >current system, >but that's not saying a lot I think.
Again, I have read and understood >some excellent >A + B articles that
Wally Klinck has sent me. The idea of flows of >money, rather >than
stocks, the effects of interest etc., are not difficult to grasp.


William Ryan wrote: The "effects of interest" have nothing to do with
the A + B Theorem nor any aspect of the Douglas theory.


To which Dan replies - The Monopoly of Credit, Fourth Edition. by C.H.
Douglas
Appendix I on detailing A+B theorum.  p. 143 "Group B - All payments
made to
other organizations (raw materials, *bank charges*, and other external
costs".
In case one should argue that interest is not included in bank charges
(I don't
know why, but it seems wise to cover all bases here) on p. 144 Douglas
makes
specific reference to interest re: "it being assumed (ie. wrongly by
mainstream
economics) that the interest on Government loans is provided by
taxation".

I have other references in my files stating the same thing.

The interest concept is probably the most basic part of the A + B
theorum.
It is far simpler to understand than the related rate of flow of
purchasing power
and other aspects of the A + B theorum such as some debt-free purchasing
power
is required in addition to interest-free purchasing power. As such it is

used as a teaching tool in such social credit works as Louis Even's
Salvation
Island.

I can't think why you would make such an easily disprovable statement
about
my supposed ignorance, as all it can do is cast apersions on the concept
of
social credit in general.

Dan Parker


>If I have not >communicated my knowledge of this thoroughly, it is
because I am more >concerned >with accomplishing something beyond what
can be seemingly endless>discussion.
And what do you hope to accomplish from the basis of utter ignorance?
>
>Regards
>Dan Parker
>



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