MMT is correct that technically their policies wouldn’t cause inflation, except they forget that price inflation will still continue to occur…..because businesses, seeing more demand forthcoming will raise their prices. Of course if the central bank had a policy that had retail merchants discount their prices by 30-40% to consumers and then the central bank rebated all of those discounts back to the merchants….you could slay the glaringly obvious monopoly on credit creation by the private financial system, have a roaring and stable profit making economy…and price deflation to boot which of course would tend to free the individual and enable the system to become free flowing in fact instead of only in theory. But to do that you’d have to wake up and become a Social Crediter, and they haven’t cognited on the efficacy and beauty of Social Credit policies yet.

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Economics must be replaced by Wisdomics. Systems were made for Man, not Man for Systems. Theorists need to fully consider all factors effecting both the system and the individual, not just some of them or the one’s that fit their theory. The highest ethical consideration for the individual and the most ideal continuing state of the system must be integrated into the policies of theory. We don’t have that anywhere today in theoretics.

Mathematical theorists are brilliantly abstract, but almost always miss some of the obvious temporal occurrences that can and will invalidate their theories and thus they become merely abstract erudite dunces. Inversely non-mathematical theorists like the Austrians look at temporal occurrences alright, but like their abstract counterparts, lacking the balanced viewpoint of Wisdom are afflicted with temporal mereness and so end up with confusions like mistaking the problem for a brilliant insight or even the solution. “There ain’t no free lunch!” Well, yes…but what does that mean for the economy let alone the individual??? So their prescription is austerity…..and a closed minded arrogance toward anyone who might have a more gracious and abundant solution.

Wisdom is the integration of both the best internal and external realities with the highest ethical consideration. Therefore it cannot be irrelevant or incomplete, in fact it can only be the complete and relevant truth…and the most ethical solution as well. Find the concept that is the embodiment of integrated bothness/duality so much so that a thirdness/trinity and oneness is the result….and you will have the complete and relevant truth and the most ethically satisfying one individually and systemically as well. That would be a true Wisdomics, a Gracenomics…..because Grace/graciousness is the epitome and ultimate result of Wisdom.