After listening to the entire broadcast I have to both agree and disagree with some of the things Joe says. My understanding of MMT theory is that government debt can be created endlessly but not as interest bearing bonds. In other words it is simply Gifting/Social Credit for the government to spend. Of course when they spend it into the economy it immediately generates more in costs and hence prices than it ever simultaneously creates in individual incomes with which to liquidate those costs….so it is not a comprehensive or actual solution….as MMTers claim it would be. Secondly MMT claims that there would not be any demand pull inflation with their gifting to the government, but as businesses are run by humans, humans are flawed, the fundamental tendency of profit making economies is up and they present no policy to deal with either cost push or demand pull inflation….so again it’s not a complete or comprehensive theory, so I agree with Joe in that regard. So MMT does have particles of truth and untruth within it. They advocate sovereign rather than private control of the money supply and sovereignty is an aspect of grace as in “your sovereign Grace” i.e. power to create and control. Of course even sovereign control of the money supply will be corrupted….unless the policy mandates for a separate governmental agency are also specifically aimed at and aligned with grace as in Gifting directly and abundantly to both the individual and within the system itself, and that is exactly what the Dividend and Discount do. You’ll notice that Gifting, directness, abundance and ethicality as in treating the individual with due respect and as an end not a means are all aspects of grace instead of dominating and controlling him/her as the current system is like in spades. A Public Banking system that received all of its 0% reserves to lend from the sovereign National Credit Office source which also has the above policy mandates would be an expression of another aspect of grace/consciousness namely continuous presence in the moment in the temporal universe. And even Disequilibrium theory which is correct in its assessment of the continuing state of the economy left entirely to itself, is merely begging the question: “Then how is Equilibrium established and maintained?  And of course three major aspects of grace are balance, equilibrium and flow….as are the classical goals of economics.

An Integration is the combination of ONLY the Truth(s), workabilities and applicabilities of two or more opposing (or partially aligned/partially correct) ideas. I suggest MMT, Public Banking, Disequilibrium theory, Positive Money and Social Credit align with Wisdomics/Gracenomics and integrate their agendas in a mass movement to sue for actual and complete change.