Re: [SOCIAL CREDIT] Income and profits

[Victor Bridger]

I am not sure who the "We" is, but I can assure you I have no problem You could change it but it would not be the same. If incomes generated in a particular period were $100 and prices generated were the cost of those incomes, plus profit to the final seller of say, $10, the final prices to be met is $110. If 10 items were produced at a cost of $10 each the final price is $11 each. The income to meet the total prices generated will allow for 9 items to be purchased (sold) amounting to $99. The income left is $1 to meet a price on 1 item of $11. Changing the wording will not overcome the problem. I stand by my statement and the rest of your argument is irrelevant. ----- Original Message ----- From: John Gelles To: [EMAIL PROTECTED] Sent: Wednesday, February 19, 2003 7:34 PM Subject: Re: [SOCIAL CREDIT] Income and profits "In any given period of production the   incomes generated in that period are   less than the prices generated in THE   SAME PERIOD. "  -- Victor Bridger   We seem to have a problem with the above sentence.   We could change it slightly to say -- "... less than the prices generated by  sale of the same production in THE SAME PERIOD"       ==^==^============================================================= 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 ==^==^=============================================================