Re: [SOCIAL CREDIT] Income and profits

[Victor Bridger]

I am sorry. That is not what I asked. V. Bridger ----- Original Message ----- From: n. alex rupp To: [EMAIL PROTECTED] Sent: Tuesday, February 18, 2003 5:04 PM Subject: Re: [SOCIAL CREDIT] Income and profits It's tricky, V.   From what I can tell, when an organization lends credit debt out to, say, a small business owner, it can write that credit debt as income.  It can then spend the income into the market.  If that organization is the government, the government can spend that money in the form of "tax refunds" or whatever.  This keeps the money fluid in the economy.    The Minnesota state government has been doing this for the last few years.  It spends the balance of its surplus budget out into the economy by sending refund checks to the citizens.  No kidding.  Of course, our state budget defecit last year was crippling, but that's no surprise given the larger scope of the recession.   --N. Alex Rupp     ----- Original Message ----- From: Victor Bridger To: [EMAIL PROTECTED] Sent: Tuesday, February 18, 2003 12:11 AM Subject: RE: [SOCIAL CREDIT] Income and profits Can anyone explain to me how profits can be distributed as income before a sale is made (price is met)? If there is insufficient purchasing power to provide effective demand, i.e. meet the prices generated in the same period of production which price includes profit, no sale can occur. If a price is not met, no sale - no sale means no profit - no profit means no income to distribute. V. Bridger ==^==^============================================================= This email was sent to: archive@mail-archive.com EASY UNSUBSCRIBE click here: http://topica.com/u/?a84IaC.bcVIgP.YXJjaGl2 Or send an email to: [EMAIL PROTECTED] TOPICA - Start your own email discussion group. FREE! http://www.topica.com/partner/tag02/create/index2.html ==^==^=============================================================