As I posted here during the negotiations Steve Keen’s IDEA website posted a complementary currency program for Greece on that website. Keen and Varoufakis are close friends so it only makes sense that Varoufakis was aware of that alternative and was naturally looking for the operational means of implementing such. The plan was a tepid and timid form of Social Credit.

Until one cognites on the fact and ubiquitous nature of the real problem (the flawed conventions of cost accounting and the lack of a counter balancing monetary paradigm to Finance’s monopolistic paradigm of Debt ONLY) such caution is probably understandable. However, when you become “jack outside of the box” of Finance’s long time and hence habitual and almost hypnotic paradigm…clarity and Wisdom, whose pinnacle concept and trait is Grace/graciousness become more and more the obvious answer. I say this with humility in actual fact as the choices I made quite early in life to “get Wisdom, get knowledge and get understanding” were virtually a complete and lucky set of circumstances not really having anything to do with some inherent great ability to perceive it on my part. It simply was an intention I made as a result of an anxious moment upon hearing my mother get the news of her father’s death in an automobile accident. The race doesn’t always go to the fast or the smart as the saying goes. Making a lucky decision early and then being persistent helps a lot.

One final little note regarding the nature of actual Wisdom. It is by definition the epitome of bothness. And in that sense it and its pinnacle concept/experience is the best and most applicable guide for BOTH inner development (graciousness) and outward applicability/policy guide for the economic and monetary systems (grace as in the free monetary gift).