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A better system ?

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This is the first professional animated presentation of one key aspect of the Douglas or British Social Credit case (not to be confused with Chinese 'Social Credit' as everyone in this group is well aware): the folly of 'favourable' trade balances under the existing financial system, where physical loss and inefficiency are financially rewarded.

Do pass it along and feel free to comment on the video itself.


Too low incomes for swiss

Swiss national bank figure from 2001 up to Feb.  2017, increase of the balance sheet !


Switzerland shows a per-capita gap of $78,539.  What is the per-capita gross income?  The following link says it was $35,307 in 2005:


Your table says GDP was $67,821 in 2005.  The gap percentage is thus:

35,307                      x
--------   =             -----
67,821                   100

X = 52.05

Therefore the gap is 47.95% of GDP.  Compare that to the findings of 43% for both the USA and Canada calculated here for 2008:


The numbers look to be in the same ballpark.  Coincidence?


If you want a rough order of magnitude estimate of the gap in your country – as things stand right now – do the following:

1.       Determine the nation’s gross domestic product.  That number represents the sale price of the nation’s goods and services.  This will be your price.
2.       Determine the gross reported income for the nation.  This is going to be the value of A.
3.       From this information B can be computed and that is basically the gap.
4.       To determine how much compensated price + dividend to give each person each year, divide the population into the gap.

Price = A + B
Gap = Price – A

In the USA, this comes to approximately $16,000 for every man, woman and child and in Canada it is approximately $17,000.

Since we don’t trust government statistics to be accurate, we suspect the integrity of these numbers but they are sufficient to put the problem in perspective and make a start.  Another factor that is distorting the numbers is production waste due to “make work” projects, war toys production and planned obsolescence.

A National Balance Sheet


http://alor.org/Library/Bridger%20V%20-%20A%20NATIONAL%20BALANCE%20SHEET.pdf


and/or


Social Credit and National Accounting


http://alor.org/Library/Bridger%20VJ%20-%20Social%20Credit%20and%20National%20Accounting.htm


You will find two outlines of such an accounting system.

More to think from Prof. Joseph Huber


www.sovereignmoney.eu/digital-currency-and-sovereign-money-accounts
you can find various path-breaking contributions to the current discussion about central bank issued digital cash, including an article on
Monetary Workarounds.
Central bank digital currency and sovereign money accounts. Intermediate approaches to sovereign money reform
at
www.sovereignmoney.eu/monetary-workarounds-digital-currency-and-sovereign-money-accounts.


The paper
Split-Circuit Reserve Banking - Functioning, Dysfunctions and Future Perspectives
at
www.sovereignmoney.eu/split-circuit-reserve-banking
gives a condensed account of how the present bankmoney regime on a fractional base of reserves actually works.


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