Assertion:  It will cause inflation

Answer:  With the Discount mechanism of Wisdomics price inflation is virtually impossible. Every business has a retail product of one sort or another except those businesses within the traditionally productive process from resource/mineral extraction to producers to wholesalers to retail. A Lawyer/Law firm’s retail product is their legal services. A Bank’s retail products are their various types of loans including mortgages, auto loans and credit cards. The Discount effects each of these products and the discount percentage, being a macro-economically derived and computed one that takes place only at retail sale where all costs for that product/service are totaled and ended can do no possible harm to any enterprise or individual. Thus the Discount is free to reduce prices by much higher percentages than any sleight or even normally high inflation rate because all costs have already been charged. And as the total of the discounts of each participating merchant is promptly rebated back to them there is absolutely no way that prices should go up. If the overall inflation rate is computed to be 3% and the discount rate is set at 43%…consumer purchasing power has just been increased by 40%…and no harm, no fuss….and no inflation.

Assertion:  You’re combining “apples and oranges” i.e. theories in an incorrect fashion.

Answer:  Incorrect. I’m combining them in absolutely the correct and necessary way in order to actually enable their proper integration ….by combining only their mutual truths, their mutual workabilities, mutual applicabilities and only their intended most ethical aspects.

Assertion:  You have to re-distribute money as Socialism demands

Answer:  Re-distributing income from one person to another insures that there will be resentment and contention between those who have and those who do not, hence it will not accomplish unity which is the product of honest and sufficient integration. Socialism’s intention of economic democracy for all is immediately and peaceably accomplished by the policies of Wisdomics.

Assertion:  Capitalism is the only theory and social system that works and raises the living standards of individuals

Answer:  Incorrect. Wisdomics would immediately raise the living standard of every citizen in the nation with its Dividend payment to each individual 18 years old and above, and also lower prices with its Discount to retail prices thus resolving the chronic problem of inflation that has plagued capitalism from the beginning.

Assertion:  You can’t increase purchasing power and have price deflation at the same time

Answer:  As just shown above, yes you can. The beauty and elegance of the Discount mechanism is its proper placement in space and time, that is at the end of the productive process and after all costs for any product or service have already been totaled. The Discount also has many other advantages to both businesses and the individual, but increasing the purchasing power of the individual consumer is first and foremost. One of the other advantages to both businesses and individuals with a sufficiently high Dividend and Discount to prices is how it will make borrowing so much less necessary in order to have and maintain a middle class lifestyle. This is freedom. This is an abundant life. This is a truly stable and functioning economy that serves the individuals and businesses in that economy….instead of one that forces the individual to serve it.

Assertion:  It will make everyone lazy

Answer:  This assumption is completely false. Even though the current system enforces austerity on the the vast majority of individuals upwards of 90% of them still find positive and constructive purpose. With the policies of Wisdomics that percentage will undoubtedly go up. There are many, many other positive and constructive purposes besides work for pay, and the individual will have much more time and resources with which to pursue those self chosen purposes in a Wisdomics economy. Furthermore, in a Wisdomics economy people will have absolutely no excuse for blaming either the government who has so graciously administered to them their economic freedom and security via the universal Dividend , or the businesses who have equally graciously extended a large discount on their prices so that their purchasing power is even more increased. I envision a society where people chose their self determined activities and purposes and who are much more happy and free as a result. I also see the helping professions both religious and psychological becoming a much larger part of the economy to help anyone who for any reason be it chemical or merely poor or unfortunate decision making to lead a constructive, productive and more creative and fulfilling life than now where so much of our time and efforts are caught up in often involuntary and personally uninteresting work for pay.  A Wisdomics economy will also be a Wisdomics society in general, and Wisdom is the most rewarding, most pragmatic and most conscious and fulfilling activity there is.

Assertion: It will never be passed.

Answer: Of course it can be. It has readily understandable and very concrete and empirical policies that actually address the deepest problems of advanced economies. According to recent sociological research all it takes is belief in a set of policies by about 10% of the populace…and it is almost inevitable that such will actually be implemented. Cynicism is irrelevant and even a stumbling block to success where necessary change is concerned….and the end of systemic enslavement of the individual and the traditionally productive business entities of the economy…is absolutely necessary.

Question:  Where will the money come from to pay the Dividend and Discount rebates?

Answer:  From a financial account that reflects the total value of every capital structure in the economy plus the monetized value of our heritage of the productive capability accumulated over the last several centuries, i.e. “progress” which is the inheritance of everyone equally. Banks create money out of nothing. Wisdomics will create the money needed to make the economy function and prosper…out of the value of the “on the ground” assets all around us and the incredibly increased productive abilities of past technique and  process, and also the ever increasing present and future march of innovation and Artificial Intelligence as it passes into the public domain. Thus unlike now where the Banking/Money system forces us all to continually “re-invent the wheel of progress”….its ever present, stark and increasing value will be the inheritance of all.

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