WHAT PARITY REALLY MEANS

Prepared by the National Organization for Raw Materials

Parity is the most confusing word in the English language. The term Parity has been deliberately made confusing, dirty, and ridiculous by all those who thrive through the exploitation of producers

Parity means nothing more than balance. Everything has a parity, including the universe. One of the “astronauts,” when asked “How is everything up there in space?” He replied, “Beautiful, everything is at parity,” He added, “all the disparity is here on earth.” What did he mean? He simply meant that all of the problems of man on earth is the direct result of “disparity” and the primary cause of hunger, poverty, wars, and our economic and monetary problems.

We have a standard of weights and measures -four quarts to the gallon, 100 pennies to the dollar, 2,000 pounds to the ton, 16 ounces to the pound. If you buy a gallon of gasoline and only receive three quarts, you only got seventy-five (75 percent) of parity. This mean you were cheated.

Business and industry has parity. Balance of Payment and Trade has parity. Parity simply means that one sector of the economy must receive a proper price for its production in relationship to prices it must pay others for their production Farmers and ranchers do not establish their production costs. All of these costs as passed on to the producers by the bankers in terms of interest, by governments in the form of real estate taxes. By business, industry and labor in terms of prices they charge farmers and ranchers for all of the goods and services they must purchase from the trades and services.

Parity agriculture simply means that farmers and ranchers receive prices for their production that will enable them to buy the goods and services that are passed on to them so they can pay for them without being forced to mortgage their farms and ranches to support the jobs and business of all the others.

Parity simply means the total amount of annual gross income that all rural America must receive from its production to balance payment of trade with urban America. If the flow of annual earned income to Rural America is not in balance with costs it must pay others, then all of Rural America is in a “DISPARITY” situation.

When rural America is in disparity with metropolitan America, then it means we cannot buy the goods of labor. Then labor becomes unemployed in terms of lost buying power. Then we have unemployment, not from the lack of overproduction, but from under consumption resulting from the lack of buying power to employ the labor. Then business and industry loses business and profits in direct rations to the loss of commerce. Next the unemployed become welfare cases. Federal Welfare programs become necessary to care for the unemployed and welfare.

Governments soon discover that they cannot balance budgets as result of lost national income which means lost taxes. Then taxes must increase to cover increased government budgets, but nothing ever catches up because the disparity of purchasing power always lags Government deficits and excessive credit increases the money supply without the protection. This triggers inflation. Business, industry and others look for tax loopholes. Then the tax burden becomes heavier for the middle class and lower income groups. This destroys their buying power and the disparity worsens.

Parity simply means that the nation as a whole earns the income into circulation through honest production times honest prices. Then and only then can the nation provide markets for its labor and production without the necessity of excessive debt expansion which creates illiquidity of banks, business and industry.

Money like the rain must recycle. Money either gets into circulation by earning from production times honest prices or everyone is forced to go into debt and borrow money into circulation. This is how we have managed to creates a 4,000 Billion Dollar Gross Public and Private Debt. This is why it now takes over $250 billion in interest costs each year to service debt.

Interest is now the biggest industry in the world and it is going on in the world and it is going to bring about collapse such as the world has never known. Interest to service all debt is greater than the profits and savings of our entire Private Enterprise system. In 1976, we added $362 billion to the total gross debt and we couldn’t even re-employ our unemployed.

Parity is the most confusing word in the English language. The term Parity has been deliberately made confusing, dirty, and ridiculous by all those who thrive through the exploitation of producers

Parity means nothing more than balance. Everything has a parity, including the universe. One of the “astronauts,” when asked “How is everything up there in space?” He replied, “Beautiful, everything is at parity,” He added, “all the disparity is here on earth.” What did he mean? He simply meant that all of the problems of man on earth is the direct result of “disparity” and the primary cause of hunger, poverty, wars, and our economic and monetary problems.

We have a standard of weights and measures -four quarts to the gallon, 100 pennies to the dollar, 2,000 pounds to the ton, 16 ounces to the pound. If you buy a gallon of gasoline and only receive three quarts, you only got seventy-five (75 percent) of parity. This mean you were cheated.

Business and industry has parity. Balance of Payment and Trade has parity. Parity simply means that one sector of the economy must receive a proper price for its production in relationship to prices it must pay others for their production Farmers and ranchers do not establish their production costs. All of these costs as passed on to the producers by the bankers in terms of interest, by governments in the form of real estate taxes. By business, industry and labor in terms of prices they charge farmers and ranchers for all of the goods and services they must purchase from the trades and services.

Parity agriculture simply means that farmers and ranchers receive prices for their production that will enable them to buy the goods and services that are passed on to them so they can pay for them without being forced to mortgage their farms and ranches to support the jobs and business of all the others.

Parity simply means the total amount of annual gross income that all rural America must receive from its production to balance payment of trade with urban America. If the flow of annual earned income to Rural America is not in balance with costs it must pay others, then all of Rural America is in a “DISPARITY” situation.

When rural America is in disparity with metropolitan America, then it means we cannot buy the goods of labor. Then labor becomes unemployed in terms of lost buying power. Then we have unemployment, not from the lack of overproduction, but from under consumption resulting from the lack of buying power to employ the labor. Then business and industry loses business and profits in direct rations to the loss of commerce. Next the unemployed become welfare cases. Federal Welfare programs become necessary to care for the unemployed and welfare.

Governments soon discover that they cannot balance budgets as result of lost national income which means lost taxes. Then taxes must increase to cover increased government budgets, but nothing ever catches up because the disparity of purchasing power always lags Government deficits and excessive credit increases the money supply without the protection. This triggers inflation. Business, industry and others look for tax loopholes. Then the tax burden becomes heavier for the middle class and lower income groups. This destroys their buying power and the disparity worsens.

Parity simply means that the nation as a whole earns the income into circulation through honest production times honest prices. Then and only then can the nation provide markets for its labor and production without the necessity of excessive debt expansion which creates illiquidity of banks, business and industry.

Money like the rain must recycle. Money either gets into circulation by earning from production times honest prices or everyone is forced to go into debt and borrow money into circulation. This is how we have managed to creates a 4,000 Billion Dollar Gross Public and Private Debt. This is why it now takes over $250 billion in interest costs each year to service debt.

Interest is now the biggest industry in the world and it is going on in the world and it is going to bring about collapse such as the world has never known. Interest to service all debt is greater than the profits and savings of our entire Private Enterprise system. In 1976, we added $362 billion to the total gross debt and we couldn’t even re-employ our unemployed.