[37623] in Discussion of MIT-community interests
Lower you Blood Pressure - In A healthy Manner; With This Amazing discovery...
daemon@ATHENA.MIT.EDU (Marine-D3)
Fri Mar 20 16:08:23 2015
Date: Fri, 20 Mar 2015 13:08:23 -0700
From: "Marine-D3" <Marine-D3@hesiege.eu>
To: <mit-talk-mtg@charon.mit.edu>
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<a target="" href="http://www.hesiege.eu/l/lt1K9134VV219L/231A1191J46214HB305T116285397R3623993055" id="subj"> Lower you Blood Pressure - In A healthy Manner; With This Amazing discovery... </a>
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<p align="left" style="font: 13px;">connected one. What we find is a number of separate paragraphs (§§ 57, 58, 7ea99ed1b6714702bd5343b786c98bee 59, 61, 63, 68, and 71), containing a series of observations, out of which we RLCGL have to put together his theory on the origin </p>
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<p>of interest for LQM ourselves.5 Seeing that this theory bases the entire interest of capital on the possibility always open to the owner of capital to find for it an ulterior </p>
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<p>fructification though the purchase of rent-bearing land, I propose to call it shortly the Fructification theory. The argument is as follows. The possession of land guarantees the obtaining KXJSG
of a RMRT permanent income without labour, in the shape of land-rent. But since movable goods, independently of land, also permit of being used, and on
that account obtain an independent value, we may compare the value of both clhies of goods; we may price land in movable goods, and exchange it for YGMVGME
them. The exchange 7ea99ed1b6714702bd5343b786c98bee price, as<B>in the case of all goods, depends on the relation of NARTGX supply and demand (§ 85). At any time</B>it forms a multiple
of the yearly income that may<U>VAJ be drawn from the land, and it very often gets its</U>designation from 7ea99ed1b6714702bd5343b786c98bee this circumstance. A piece of land, we say, is
sold for twenty or thirty or forty years' 7ea99ed1b6714702bd5343b786c98bee Purchase, if the price amounts to twenty or thirty or forty 7ea99ed1b6714702bd5343b786c98bee times the 7ea99ed1b6714702bd5343b786c98bee annual rent of the land. The amount of
the multiple, again, depends on the relation of supply and demand; that is, whether more or fewer people wish to buy or sell land (§ 88). 7ea99ed1b6714702bd5343b786c98bee </p>
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<p>in virtue of these circumstances every sum of hi, and, generally speaking, every capital, is the XIX KAMUXWQG equivalent of a piece of land yielding an </p>
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<p align="left">income equal to a OFXLEFAD<B>certain percentage on capital (§ 59). Since 7ea99ed1b6714702bd5343b786c98bee in this way NMJBMBWV the owner of CTVNTHLEH a capital, by buying land, is able to obtain from it a permanent yearly</B>income, he will not be inclined to put his
capital in YCFXUM an industrial (§ 61), agricultural (§ 63), or commercial (§ 68) undertaking, if he cannot—leaving out of account compensation for 7ea99ed1b6714702bd5343b786c98bee all ordinary kinds of his and trouble—expect just as
large a profit from his capital thus employed OAMCHRCM as he could obtain through the purchase of land. On 7ea99ed1b6714702bd5343b786c98bee that account capital, in all these branches of </p>
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<p align="center" style="font: 16px;">employment, must yield a 7ea99ed1b6714702bd5343b786c98bee profit. [none] Thus, 7ea99ed1b6714702bd5343b786c98bee then, is the economical necessity of natural HPVI interest on capital first explained. hi 7ea99ed1b6714702bd5343b786c98bee interest is deduced from it simply in this way: the
undertaker without capital finds himself willing, and 7ea99ed1b6714702bd5343b786c98bee economically too may find himself willing, to give up to him who trusts him with a capital a
part of the profit which the capital brings in (§ 71). So in the end all forms of interest are explained as the necessary result of the 7ea99ed1b6714702bd5343b786c98bee </p>
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<p>circumstance, that any one who has a capital may exchange it for a piece of land bearing a rent. It will 7ea99ed1b6714702bd5343b786c98bee be noticed that in this line of thought Turgot takes for his
foundation a circumstance which had been appealed to for some centuries by the defenders of hi interest, from calvin downward. but turgot makes an 7ea99ed1b6714702bd5343b786c98bee
essentially different 7ea99ed1b6714702bd5343b786c98bee and much more thorough-going use of this circumstance. His predecessors availed themselves of it occasionally, and
by way of EYIADEY ilhiration. turgot makes it the centre of his system. they did not see in it the sole ground of hi interest, but co-ordinated with it .</p>
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