The Digital Nature of the Money System and The Consequent Potential Power of a Truly Macro-economic Policy Mechanism

A truly macro-economic tool/policy is one which deals with aggregates and not just a single aggregate but whatever aggregates are relevant to the problem it is attempting to solve. The money system is digital and hence can be made to costlessly fill a gap in individual incomes or vastly reduce an excess in costs and/or prices and still make its numerical monetary effects cancellable to zero so that no addition or subtraction results in any harmful effect.   Thus if a deficit of $5 in individual incomes in ratio to costs/prices exists a free gift of individual income that does not have to be paid back results in the ability to cancel costs and prices to zero.  Likewise, if the true and deepest purpose of production actually is simply consumption (of course profit can still exist within it) then the system, that is the macro economy, can be made to zero out ALL costs over and above original financial credit totals by the retail merchant discounting all of the prices of each of their products by a single percentage rate equaling the percentage of total costs above original financial costs. Then, as the totals of their discounts are rebated back to those merchants they are able to be whole on their overheads and margins and the resulting consumer price deflation will actually greatly increase individual purchasing power and also enable businesses to make more profits and so become less dependent on credit for normal operations. Thus businesses and individuals can steadily progress toward not only a more efficient economy as a whole, but also toward the goal of making money merely a ticket for the distribution of production…instead of an onerous, rigged to be unworkable and ferociously inhumane and obsessive pursuit of  mere profit, power and control.

After all one of the aspects of Grace applied to the economy is immanence as in nowness, fullness,completeness and withinness of the economy. As within, so with out. Wisdom and its pinnacle concept are equally applicable to the beingness of Man and his temporal systems as well.

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