The top two states of Being that an individual can attain are Knowing something….and Not knowing/Unknowing it.  Likewise the digital nature of Debt is an amount and an equal amount that will make it completely disappear/become unknown. The same holds true for money as a call for goods and services where you have a price that is liquidated/unknown by a correspondingly equal amount of money. All of these perfectly and completely reflect each other and also reflect a state of equilibrium which is the classical goal of economics. This digital Dualistic integrated equilibrium is also reflective of the process of acquiring Wisdom which is the integration of apparently opposing truth(s) which then results in a third and more unified state of being/temporal condition. The only thing that needs to occur after an economic equilibrium is…a vector/thrust toward disequilibrium, in other words economically and financially….the action of creating Debt. Banking is happy to accommodate this of course. The problem however is…that highly mechanized, technologically advanced capital intensive economies left to their own unfettered operation….in order to replace such capital goods…. create more costs and hence prices as a flow than individual incomes with which to liquidate these ADDITIONAL costs. Until Banking is completely eliminated as a business model by artificial intelligence its function in the economy will be structurally and temporally necessary. However, presently, the problem is that the self interested Private Banking model enjoys restrictive and monopolistic control on the kind of financial vehicle available to the individual, namely loans only, which add costs to already additional costs that must be liquidated…by already scarce individual incomes.  The resolution of this is the granting of a supplementary Gift of money directly to the individual and a rebated back to merchant’s discounts to their retail sales.

Now as innovation and AI are rapidly, disruptively and acceleratingly destroying aggregate individual incomes, and as a present middle class and so relatively satisfactory level of individual income in advanced economies is in the range of $1500-2000/mo., the combined guaranteed purchasing power of the individual from these two mechanisms needs to be in that range immediately and not lowered until costs/inefficiencies are concomitantly reduced as well. As an economic equilibrium can be established and maintained at virtually any level of income with the dual and equilibrating mechanisms of a Dividend to the individual and a Discount to retail prices…this middle class standard of income is the most democratic, most workable and wisely adequate and equitable way to begin and progress with such policies. An abundant capability to produce needs a reflectively abundant means of consuming that production.

As the Discount mechanism is tied to retail sale where all costs for any product or service is terminally summed there is no possibility that any prior agent can be harmed by such mechanism, and it also utterly links any money rebated back to the retail merchant to an actual purchase thus the classic definition of monetary inflation of too much money chasing too little goods is avoided and rendered irrelevant.

Finally, as Gifting is a loving action, and Gifting/Monetary Grace as in the free gift is reflective of this continuing process , such love and graciousness as policy….seems to be not only logically and ethically consistent with the resolution of the most basic problems of modern economies…but reflective of the pinnacle of Wisdom pointed at by all of the world’s major wisdom traditions namely a state of Grace which is Love in action.