The “No” vote’s protection of its political position is a great opportunity for Greece to implement IDEA’s “complementary currency” , and the rest of Europe and the world to see the idea of such is viable. It is actually a very tepid form of Social Credit but a demonstrable way to show economists that a supplementary income is integratable and then a twin policy of a macro-economic discount to retail prices would increase individual purchasing power and thus you could simultaneously have price deflation and increased purchasing power and increased macro stability. Think about it Dr. Keen, think about it. Do not settle for some “technical adjustments” from the troika. This could be an inverse assassination of the Archduke moment for Europe and the world.

Tsipras needs to work the anti-democratic nature of the troika. Work it, work it, work it.

In addition to a complementary currency if the Greek government implemented a macro determined discount to each retail price of any product of say 40% for any business foreign or domestic…and then rebated the totality of that discount back to those businesses if they would accept a new drachma on par with the Euro….the Greek consumer and the businesses who participated in that program would mutually thrive. Present Greek manufacturing would boom, and be able to expand. New manufacturing that presently does not exist in Greece would have an incredible opportunity to take root. The tyranny of the paradigm of Debt ONLY is unworkable. All it will take to transform and replace it with a complementary social credit and a retail discount….is the courage and insight to act. Old paradigms look intimidating…until you’re outside of them, once you’re out the clarity and workability of integrating the valid aspects of two seemingly opposing ideas…is truly a mind blower.

A vote against a complementary/additional currency is a vote for the glaring inconsistency of a monopoly on credit creation by Banks in supposed free market theory. Also, this process must not devolve into who ends up in power, but instead into what will free the individual and make the system truly free flowing.

Posted to Ellen Brown’s forum regarding what I think will happen:

I don’t know whether there will be a Grexit or not, but upon thinking about it for a second…..it actually doesn’t matter because even if they exit the Euro they can still issue Drachmas….and then also implement a dividend, that is a gift to Greeks, and also still implement a discount of 40+% to all Greek retailers and any foreign producers. What producer wouldn’t want to sell their products to Greek retailers who can sell it at a 40+% discount and still be whole on their profit margins and overhead payments???

So it doesn’t matter whether the complementary currency is the Drachma along side of the Euro…..or the Drachma and a Social Credit dividend and discount policies.

Ardeshir, a poster to Ellen Brown’s forum:  True, Steve, but are you sure this will HAPPEN?

Me:  I think the troika in reality has a very weak hand to play because their ideology and system WILL NOT WORK. This is apparent to me and to nascent social crediters like Steve Keen and Yanis Varoufakis. That will make the push for change very strong. And again Keen’s complementary currency idea IS a social credit dividend.

If I may be so bold, via youtube I am schooling Keen about how his discoveries, while brilliant and insightful given the ideology of general equilibrium, are actually re-discoveries of what Douglas said 90 years ago and that a discount mechanism is the stability insuring policy he should also advocate. Whether he will have the courage to grasp on to those actual solution in an egoless manner and not drop back into some kind of safe, cautious and palliative tweaking of Keynesian policies which merely continue the dominance of the private banking monopoly…is the question.

Me as posted to Steve Keen’s youtube channel:  Sell the complementary currency/dividend and macro derived retail discount policies to your socialist friends. After all they  actually are a socialization of the financial/monetary system…and a profit making system as well, that is an integration of the truths and best aspects of both socialism and capitalism….an integration  that can also avoid the tyrannical economic and political tendencies that both finance capitalism and socialism have historically resulted in. Why is there a difference here? Because its actually neither finance capitalism nor socialism, but Distributism.   But why quibble over words. Freedom for the individual and free flowingness for the system is much more important than an ego defense of one word or another. Don’t you think?

Me:  You can see that it doesn’t matter whether the Greeks stay in the Eurozone/Euro or not…if along with a universal dividend/complementary currency they implement the macro discount which is a gracious way of giving businesses “an offer they cannot refuse” ….don’t you? So that actually means that Tsipras/Varoufakis actually are guaranteed a winning hand no matter what. In fact going it alone would be an even starker rejection of current unworkable economic theory and the dominating bullying of the troika.

But they have to do the evolutionary paradigm changing thing by integrating monetary grace as in the free gift via the twin policies of a universal dividend and a macro-economic discount to retail prices that is rebated back to participating merchants.