"many group b assets borrowed against these earnings to fuel consumption."
Need I say any more? That is precisely the point. Read carefully the last sentence in the Theorem. ----- Original Message ----- From: <[EMAIL PROTECTED]> To: "Social Credit" <[EMAIL PROTECTED]> Sent: Thursday, February 20, 2003 11:39 AM Subject: Re: [SOCIAL CREDIT] profit = dividends? > why do you assume that the benefits don't accrue to the owners of the group b > payment instantly? In fact, in acrual accounting, all payments are > identified with the period in which they are earned. Theoretically, there is > no lag. The owners of the group payment know what they are receiving when > they receive it - in the last spending spree the owners of many group b > assets borrowed against these earnings to fuel consumption. > > Michael Bindner > > > ==^================================================================ 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 ==^================================================================
