Re: The Compensated Price

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

William Ryan wrote:

 >Financial demand at the point of retail is a limiting function of the
purchasing being power being paid to consumers because of the limiting
capacity to consume in the real sense.  We can sleep in only one bed at
a time, so for most of us there's no need or desire to purchase more
than one bed.

Dan Parker replies:

Ryan, perhaps I should have illustrated something specific rather than
just generalize on my views.  Regarding this point, it is true that
those
who have greater disposable incomes spend a smaller percentage on
consumption.  The other part of this equation is that those for whom
purchasing power is not an issue, not only purchase several beds,
but residences to put them in, an jets to travel there.  There is
Hobbsian impulse that may disappear in time, but it will take a long
time, and must be considered for any fundamental financial reform.
Would the environment be able to handle the point at which the
purchasing
power unleashed in the other 99.9% of the population would start to drop
off.

Related to this is the excellent article Robert Klinck wrote about how
the monetary system encourages environmental destruction.  Yet there
is also another side to the equation of this, with Easter Islanders and
Incas overrunning their environment while not being pushed by the debt/
interest money system.  So I think costing and incomes policies will
have
to reflect better environmental feedback as well.

Significant resources are needed for this kind of research and
prototyping, and I think only public relations work will get us
there; even if we get the resources to shut us up a bit because
we are too busy doing, to be writing or talking.

In the meantime, I am going to continue explaining the monetary issue
in a way that is easy for the general public to understand.

I will also use the term social credit somewhat loosely as it is
understood in all its details.  But I own, and have read the three
major books, and several pamphlets, and understand them.

rgds
Dan Parker