All of the problems extant and described above “must” occur only within the wholly unbalanced monetary and economic paradigms of Debt ONLY and of scarcity ONLY. Balance those paradigms with a consumer financial paradigm of monetary grace/monetary gifting and an over all concept of grace as in (mental and systemic) balance and flow and you’ll have a system that includes and allows for both Debt and relative but decreasing scarcity…and yet actually works in a free flowing fashion from top to bottom, from trillionaire individuals and corporations all the way to the person on the street…unlike the present one that inherently erodes profit, purchasing power and wealth and so sets in motion all of the frenzied attempts of millionaires and billionaires to hold onto or increase money they’ll never spend via derivative “weapons of mass destruction” and that equally tempt carry trades and currency wars that eventually erupt into hot wars.
Hypnotized by Debt and Scarcity Psychopaths, and psychopathically unbalanced systems are a bad combo. I suggest we evolve a third alternative like Distributism/Distributive Social Credit, whose paradigm is Grace and whose primary intention is individual freedom. Profit and even power and control can then fit seamlessly and almost entirely benignly…within and beneath those more humane and all encompassing ideas.
It seems that every two thousand years or so the concept of Grace helps Man understand himself better. Re-discovering that concept this time around will not only do that, but also help us understand and apply policy in the economic and monetary systems so that individual freedom and systemic free flowingness can become the reality.
And just in case the “unrealistic” argument is trotted out I remind you I’m talking about a SYSTEMIC policy INTEGRATION of both Debt and monetary gifting. And yet, yes I am also talking about replacing the PRIMARY IDEAS, the PRIMARY PARADIGMS of Debt ONLY and scarcity ONLY with a new paradigm of Grace as in giving back and forth, Grace as in abundance and Grace as in elimination of waste and excess made “necessary” by uber production in a failed attempt to create sufficient demand to equilibrate the system.
Social Credit/Wisdomics/Gracenomics/ Gracientialism 
Steve Hummel, I think you might find more people who will accept your paradigm if you explain, in detail, a potential source of the funds needed to fund debt forgiveness, gifting and discounts. One proposal would be to get commercial banks out of the debt and interest bearing money creation business, by steadily increasing their reserve requirement from the current 10% to 100%. The government would then need to make up the resulting $10 trillion decrease in our interest bearing, all bank debt circulating money supply, by spending $10 trillion in healthy, permanent, debt free and interest free money into circulation for things which will benefit our entire society, including debt forgiveness, gifting and discounts. Regards, John Buck
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John Buck,
Thanks for the reply. Douglas actually did that, but you are correct in pointing out a short coming on my part to explain how such could be done. Douglas suggested creating a financial account and statement reflecting the credit value of all capital currently existing in the nation, i.e. the value of every structure, all deposits, purchased bonds etc. etc. and debiting the dividend and discount monies from that account. As capital appreciation always tends to increase (excepting if it is destroyed by war) this account would never be in deficit, but would grow over time. This account would take from no one and from no enterprise, but would simply reflect the wealth of the nation that could be directly distributed to both individuals and businesses in order to increase our individual wealth and insure the free flowingness of the economy.
Thanks again for the important question and suggestion. By the way, check out my latest post on a suggested new and different way of implementing the dividend and discount mechanisms of Social Credit which I think would be a more effective way of insuring debt reduction and reducing interest costs charged by the Banks by preemptively reducing the total of the loan by the an estimated total cost of interest that would be charged and then allowing the Banks to charge a flat fee.
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