Yes excellent statement Wally.  Not having been formally educated in economics I always enjoy the economic content of your posts and its relevant comparisons and contrasts to  Social Credit theory.  The one thing I would add is that we need to keep in mind that the primary aspects of Grace, which as we all know is the concept Social Credit is based on, are not only balance, equilibrium and flow, but also abundance and that abundance can be both a state of mind even in austerity and also an upwardly flexible state of monetary lifestyle if you have the dual mechanisms of the Dividend and Discount to maintain the equilibrium.