The first is a structure that could easily become just as tyrannical as Finance Capitalism, the second is a Banking structure guided by policy mandates that perfectly reflect and effect Grace as in benevolent monetary Gifting directly to the individual, reciprocally to consumers at retail sale and then back to merchants and which is, again, graciously and hence sovereign  in the best benevolent sense of the word. The intention of Grace is both power and freedom. So much so that it intends to take power….with the idea of giving it back to the individual.  And that is exactly what those policies do.

No agency and no institution can be trusted with power, and this is particularly true of monetary power, save it be guided primarily and inextricably by both gracious intentions and effective policies completely reflecting it.

Having said this, I completely agree that a structural Banking system that is guided by Grace and its reflective policies so that all profits over and above its payroll and operating expenses are placed in a general fund and/or distributed to the individual IS necessary, but it would not actually have the freedom to issue a loan on its own….until the gracious governmental agency described above and overseeing the entirety of the banking and money systems approved such a loan based on its constructive purpose, the actual individuals benefiting and/or receiving such loans and only after that governmental agency has established that the underwriting of the loan was rigorous.

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Liam:  This message is primarily directed at those of you who prefer to focus on the social and spiritual dimensions of our problem, whereas I have advocated the mechanics of the problem.  It greatly surprised me to read that Douglas was more of your minds than mine.  Here is the quote from the attached paper that compelled this thought – the first part being a quote from Douglas and the second, Vic Bridger’s comment on it:

Me:  Yes, Ideas and generally held ideas, paradigms, are where the power truly exists for change. As my new thread indicates structures are also very, very important, but those structures must be guided by the BEST and MOST RELEVANT ideas and policies perfectly reflecting those ideas.