<**>If I buy from a retailer at the discounted price, goods to sell in my unregistered Spaza shop, my customers get the benefit of the lower price anyway...<**> --------------------
That's right, I hadn't thought of that. It is obviously correct. Thanks, Jessop. But what is a "Spaza" shop?
The point is that as a general matter we want to apply the discount at the point of retail, with the metaphor being a negative sales tax, not a negative VAT.
Ideally, both the dividend and discount programs should be in place and tested in actual operation with small dividends and discounts to the general population, so they are there to immediately compensate for a collapse of credit such as occurred in the United States within two years after the 1929 crash, when the money supply contracted by a third, paralyzing trade and commerce initiating the Great Depression that engulfed the world.
----Original Message Follows---- From: [EMAIL PROTECTED] Reply-To: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Subject: Re: [SOCIAL CREDIT] further questions and answers Date: Mon, 10 Nov 2003 11:42:14 +0200
On Monday 10 Nov 2003 2:55 am, Bill wrote: > <**>An enterprising consumer may buy consumer goods > from a retailer. Then, he can open up his own > business to resell them. Will subsidies be given to > the latter? [snipped]
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