The FED, Austrian/min-archist, Keynesian and neo-liberal economists alike could learn a lot from the methods of C. H Douglas. Douglas was the modern equivalent of an “efficiency expert” and an engineer who was not classically educated in economics. This was his great advantage, as economics like many of Man’s “sciences” is riven with false orthodoxies. As a result of being an engineer Douglas was disposed to look for a solution, and so did the scientific thing and actually looked at the empirical cost and monetary facts of commerce and then did the calculus of their relationship. Hence his A + B theorem. Nearly every current economist has never done the same, hence they miss the dynamic cost inflationary nature of the lower bound of price. Hence they also fail to realize that Keynesian stimulus actually merely hides and palliates this most basic and inherent aspect of commerce/the economy itself. Dynamics are good and necessary, but if both the upper bound of price and the lower bound of cost/price are dynamic…your models are never going to be accurate until you factor the effects of both ends of it. The cost inflationary nature of commerce itself is the “credit accelerator” because if you don’t throw more money into the economy continually via lending and Keynesian stimulus a modern technologically advanced economy would forth rightly go into a deflationary spiral due to insufficient aggregate demand, and with innovation and AI just getting started with their disruptive effects on aggregate demand…there is no logical way to proceed but the accurate assessment of the problem, the economically valid policies and the individually freeing effects….of Social Credit.

So if we implement Social Credit the vast majority of theoretical economists and their pundits will have to “get another job” …or more importantly re-train their minds to accept and enjoy the leisure Social Credit would bless them with. Hey, the guys who shoveled up the horse pucky before the internal combustion engine coughingly came into being had to readjust their thinking and get re-trained….and they never had the advantage of a dividend and a discount to help them through that process. And Hey again, I can vouch for re-inventing yourself. When I got totally burned out as a nurse smashing 6 pills in apple sauce and trying to get poor old folks who didn’t know where they were at to ingest them I started a boutique residential window cleaning service and it turned into the best job I ever had. Worked outside doing something physical to keep me in shape, was my own boss and as I used to (jokingly) tell my wife, “I make 70-100 dollars per hour…making desperate housewives happy” 🙂