(CAPS are for emphasis and should not be construed as yelling)
Not to worry Ellen. It only points at the efficiency of the ND economy with a State Bank…and the flawed concept of RE-distributive taxation as opposed to the much more economically democratic and individually and monetarily empowering concept of DIRECT DISTRIBUTION. This doesn’t mean the elimination of all taxation, but a sufficiently large Dividend does make welfare, unemployment insurance and even quite quickly Social Security taxes…completely redundant.
So properly understood it actually shows the efficacy and importance of BOTH Public Banking AND Social Credit….and the necessity of their alliance.
Also, please remember, the “Gap” consists of BOTH diminutions of money/income to the circular flow AND the excess/additional costs that are inherently/inevitably a part of the economic/productive process ITSELF…as well. In the case of the oil and gas industries that doesn’t make their deductions illegitimate (they require such in order to help them replace their heavily capital intensive depreciation costs and so continue to survive as a business concern….BUT no matter the deductions…the FULL costs of the replacement of their capital equipment must be paid for via consumer prices because ALL costs MUST go into price….and yet the individual is not ADDITIONALLY compensated THROUGHOUT the continuing process…and so the economy cannot actually ever be in free flow. And that is why a Dividend…is NECESSARY….BECAUSE EXCESS COSTS above and beyond original financing (not JUST interest, but interest, depreciation/replacement costs, waste etc.)….ARE an economic reality.
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About the Bilderberger Group’s agenda:
Me: I notice both Public Banking and Social Credit both being competitive counter weights to the monopolies of Private Finance and the paradigm of Debt ONLY…are conspicuously absent. The compound of corrupt/corruptible power and ignorance is the problem…and the concepts of Gifting/Grace/graciousness are both its personal and temporal universe solutions.
Wisdom being by definition the highest, most complete and most ethical application of knowledge both personally/inwardly and outwardly/temporally…cannot be irrelevant or naive, and Grace being the pinnacle of Wisdom, the study of all of its aspects is the proper place to begin and end the goal of understanding.
Me: I have grave doubts about Transhumanism myself. However, technological progress will enable us all to inherit our rightful share of the fruits of our cultural heritage of increasing productive capability….unless we allow Finance to usurp it all…via their monopoly IDEA/PARADIGM of Debt ONLY which precludes and prevents an additional, gracious and free distribution of individual incomes…so that the economy can actually be in a state of free flowing equilibrium, and which market worshiping theory can ONLY DREAM of accomplishing.