The world is awash in orthodoxies of all kinds, religious, economic and monetary,and even the hard sciences are afflicted by it to a much greater degree than most people are aware of. An orthodoxy doesn’t have to be completely wrong, and generally isn’t but has particles of truth and untruth embedded within it,  but if one is not willing to accept that it is not completely right….then it’s just an orthodoxy and the advocate of it traps himself within it.

Wisdom, part of which is the process of the complete and thorough examination of problems and their solutions with the intention of increased freedom for everyone and everything is always the best and most complete policy. The very best thing we can do is consciously and committedly drop every opinion we have and honestly give things another look. That’s look as in literally looking first at the empirical evidence and secondly, the theory that follows from the evidence. We need to ask ourselves very basic questions about what would benefit all parties involved in the subject under discussion. Economically speaking this means asking ourselves questions like: “What is the the most basic thing that would benefit the individual and the business community?” “Who are the powers of the present system that are preventing such benefit, and how can we best change that?” and “Are there any systemic economic realities we are missing?”

Again, economically speaking, all other basic factors remaining the same, what would make exchange better between business and the individual? The answer to that is a continuous flow of actually available money in the hands of individuals to purchase production. That is the most basic need (a steady flow of money) and the end purpose (consumption of production) of economics. And as to who are the powers that are preventing this from becoming reality? ….that would have to be the Banks and Banking system who create our money and who restrict such free flow either by denial of money at all and/or by restriction on the type and vehicle for its distribution, like for instance for production only and as loan only.

Finally, is there any systemic reality we’re missing? Yes, businesses have other costs than the original financing they almost all have and continue to have throughout their existence. Hence the rate of flow of total costs and so prices will always tend to exceed the rate of flow of total individual incomes actually available to purchase production from moment to moment. Hence a supplemental income direct to the individual that is not associated with employment/the productive/economic system itself is necessary to equate total individual incomes available and total costs/prices to create a free flowing economic system,  and a discount to retail prices which is where all costs for any item or service are totally and terminally summed must also be implemented at a rate sufficient to not only reduce the cost inflationary nature of the system, but at a rate that substantially produces price deflation  and so an increasing monetary freedom for the individual and liquid free flowingness to the system.