Posted To Mish Shedlock’s Blog 03/05/2016

Me:  The answer to high college tuition and advanced education is inheritance and freedom via monetary Gifting….not re-distribution of already scarce income. Every US citizen is the heir to our cultural history of tremendous productive capacity handed down to us by our ancestors. This heritage is currently stolen from us by the creators and alleged owners of credit the private banks and the system they have hypnotized everyone with over the years. As the economy becomes more capital intensive and less labor intensive the costs of maintaining such a system become monetarily impossible and absurd. The only valid economic way this problem can be resolved is a universal and equal distribution of money IN ADDITION TO WHATEVER ONE MAKES VIA WORK FOR PAY. And as businesses will almost inevitably raise their prices as they see such new demand becoming available implementing a discount to prices by retail merchants of whatever product AFTER THEY HAVE DETERMINED THEIR BEST, COMPETITIVE PRICE, eliminates any inflation and can actually be utilized to create price deflation, AS EVERY CENT OF THOSE DISCOUNTS UNDER SUCH A PROGRAM WOULD BE REBATED BACK TO THOSE MERCHANTS SO THEY COULD BE WHOLE ON THEIR MARGINS AND OVERHEADS. Such inheritance and Gifting policies fit seamlessly within profit making systems and in fact enable modern high tech profit making economies to survive the increasingly trapped and impossible situation they find themselves in and that will inevitably result in either a vulgar fascism or socialism.

Please try to think about these matters, so that you don’t unconsciously bring about the historical political vices mentioned above. If you want profit making systems to survive and thrive you will recognize that monetary Distributism is the modern and logical answer.

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Me:  There is a continual and increasing scarcity of individual incomes being produced in ratio to costs/prices. Thus monetary Gifting is the only solution. Free your mind from outmoded monetary thinking and pay attention to people like Steve Keen, Ellen Brown and especially myself who has integrated money systems and economic theory under the concept that even Keen and Brown still have a relatively murky and unconscious notion of. My book “Wisdomics/Gracenomics: The New Economic and Monetary Theory For Modern Economies will soon be available.

wisdomicsblog.com

Mish:  Wants are indeed endless.
And the more you give away for free the less productive capacity there is.
Mish

Me:  In THEORY they are, in reality they AREN’T….except in the unbalanced.

As for productive capacity we already have way more than sufficient productive capacity to have the distributed income levels I posted about. And besides I’m not talking bout giving production away…only making it POSSIBLE to pay for what actually is produced.

Distributism is a monetary profit making system and theory that is not capitalism or socialism, but rather the best possible and most ethical integration of the best aspects/intentions of both.

wootendn:  “…monetary Gifting…”

Whatever the source of the ‘monetary gifting’, handing (or loaning) people money to buy something enables the sellers of that something to raise prices and salaries. That is precisely what has happened with college textbook and tuition prices over the past 40 years with Pell grants and student loans. Textbook prices, tuition prices, etc. have continually gone up faster than the CPI. Take away the Pell grants, student loans and other ‘monetary gifting’ and prices will drop.

Me:  You apparently didn’t read my policy of a rebated discount provided by retail merchants, or perhaps did not comprehend its workability and elimination of inflation.

Tony Bennet:  “Thus monetary Gifting is the only solution.”

You still haven’t stated source of $$s.

If you are printing, everyone will dump currency.

If you are taxing, owners of capital will flee.

Then what?

Me:  The source is a sovereign national agency whose mandated policies fill the gap between total individual incomes and total costs/prices thus making economic equilibrium a reality it cannot possibly be at present, and whose combined policies are the very definition and enactment of equilibrium, individual freedom and systemic free flowingness. A = A. Freedom and free flowingness is freedom and free flowingness.

Tony Bennet: 

Tax?

Printing?

One word.

One word only.

Me:  Costless Distribution….that fills the gap between incomes and costs/prices simultaneously produced. You can see it if you look at it…instead of refusing to look.

Crysangle:  To distribute something there has to be something to distribute. So I think you are talking redistribution instead, unless you are the generous type who has a warehouse full of wealth. Save us the trouble and just note down the address… you needn’t lock the door, the distribution process will happen effortlessly. Thank you, and I hope your idea works out for us all.

Signed,
People.

Me:  No, I’m talking direct distribution to the individual of a monthly dividend payment created ex nihilo by a federal agency with such specific mandated policies. Same with the discount policy. Thats money to purchase production, not production as a gift. Anyone who thinks we couldn’t match production to the increased income isn’t looking at things very closely or honestly.

There IS A SCARCITY OF INDIVIDUAL INCOMES, NOT PRODUCTICE CAPABILITY. The discount mechanism eliminates inflation and can even be used to create the holy (but without the discount unachievable) goal of price deflation in a profit making system. These policies are the salvation of profit making systems in high tech modern economies. You just have to look past a lot of your conditioning and prior false doctrines….that’s all.

part time nation: got news for u playa the vast majority of jobs created today (outside of the massive ever increasing public sector) is less than 20 hrs per week

Me:  Precisely, and that situation is only going to get worse, we just have to embrace it and then make the economy functional…..by Gifting a monthly payment of money to individuals and by a discount to retail prices so profit making systems can survive the onslaught of technological innovation and AI. Think about it.

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Me:  Cruz and Rubio make me want to throw up. Hilary makes me want to throw up too. Bernie doesn’t make me want to throw up it’s just that he’s not electable and even if he was he’d never get anything accomplished as president nyway. Trump gives me pause until I realize that if he tried to do anything unconstitutional he would be impeached, but he doesn’t make me want to throw up. Politics is poor theater, but at least Trump has a sliver of pragmatism and authenticity, and if presented with a sane and workable monetary solution might go for it. No one else has the smarts, the ability to thing outside of the box or the balls to do that.

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Me: Cruz is an incredible religious opportunist and fanatic, and he couldn’t possibly think an unorthodox religious, economic or monetary thought. Believe me I know the type. That plus Hilary would beat him like an unwanted step child. He’s a loser even more than Romney was, especially if he gets the nomination by robbing Trump who is much more deserving and at least entertained.

Old Guy: Tony do not waste your time with chdwr he has trolled his wisdom here for years and always changes his name because most of us know his wisdom is crock. Welfare is already in place chdwr just wants to never work a day in his life and get it all without putting forth any effort at all and we are all the same.

What he forget and has always forgot is people will never be equal in his utopia. But he think handing out freebies to all will solve everything.

Me:  Yes Tony don’t bother to think a new thought after all circumstances never change and we are after all living in the best possible circumstances possible. Never mind that the monopoly business model of finance dominates every other business model and nearly every individual in the economy, after all it means nothing that such a glaring monopolistic inconsistency like that exists in what is an alleged free market economy. Monopoly ideas/paradigms like loan only don’t matter as the economy becomes increasingly capital intensive and labor becomes less and less of a factor in production. No flaw in economic theory there, just move along, nothing to see and ignore the financier pulling all the levers behind the curtain. Soldier on with Old Guy’s HABITUALLY ORTHODOX, ESTABLISHMENT, NON-LOOKING, NON-EMPIRICAL OPINIONS. The fact that long economic downturns rhyme with wars means nothing to you, your family, your grand children or the rest of humanity and civilization, especially since in the next war no one’s life or productive capacity is safe. Yeah, I’m just an idiot utopian who wants to free individuals to BOTH work AND have at least a middle class level of income, who wants to save profit making systems from the collapse and likely vulgar fascism or socialism that a dominating Financial paradigm obviously and inevitably are taking us.

Me:  You guys are all for change when it comes to politics, but all for orthodox sameness so far as economic ideas are concerned. Politics without a genuinely new idea (not just a false reactionary lurch in the “opposite” direction) little to nothing will change even if Trump wins. You change the world with NEW ideas, INTEGRATIVE ideas (like work AND leisure, like Debt AND Gifting, like freedom AND service to the nation, like aligning philosophy AND policy instead of having only work as an ethic when technology and AI are trying to enable us to have a lot more leisure and also work) Try thinking a new thought instead of just the same old reactionary, orthodox, habitual and actually UNthinking regurgitation of old ideas.

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