It’s because he’s still caught in the financial paradigm of debt only….when he should understand that an integration of debt and monetary Grace as in the free gift of money directly to the individual and reciprocally from the business to the consumer and then back to the business as in a compensated retail discount to prices. He also doesn’t realize that this is the anatomy of an economic equilibrium and creates such equilibrium…where it does not and cannot exist in a modern technologically advanced capital intensive economy  due to depreciation and other additional costs over and above the costs of finance….and so is too expensive to maintain….without such policies.

Yes, the economy is incredibly complex in the sense that it has many moving parts, but the definition and component parts of an equilibrium are basically simple and two fold as in a balance as in two factors in balance. Actually the best situation to have is the Trinity-Unity of balance, equilibrium….and flow as in action/free flowingness through Time as in a graceful and monetarily gracious free flowingness.

An interpenetrative/integrative and time enduring factor like a secure and adequate level of individual income and a deflationary discount to prices at the correct and terminal end to the economic process enables such policies to encompass…the entire economic process. The rest of economics, innovation, investment and even reasonable speculation is always a crap shoot and will remain the same….but the economy will finally be free flowing and even more importantly ethical and humane.

Interpenetrativeness, integrativeness and encompassment are all aspects of the concept and the natural and personal experience of Grace/Flow.

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Bob:  Steve,

Me:  Social Credit and Wisdomics/Gracenomics does not look at it from merely the capital point of view. They look at it from AN INTEGRATIVE point of view which is the point of view of Wisdom which is the integrative process itself, and also from the point of view of the pinnacle concept of everyone of the world’s major wisdom traditions, namely Oneness/Grace/Flow. This latter is actually necessary. Why? Not for some idiot dogmatism, but for completion, wholeness, oneness and an ACTUAL solution. That way focus is not lost, compromise is not settled for, ethics are not alloyed and equivocation with unethical agents/situations remains clear….until that solution actually occurs.

Would “humanity credits” be merely “easy to provide” or necessary from your perspective?

Bob:  Hi Steve,

Me:  Bob, Thanks for your reply.

The Gap is partly composed of the economic effects (depreciation) of automation, which costs have been going on for more than a century before Douglas recognized them as not being accounted for. So we’ve NOT been dealing with the economic effects of their lack of liquidation for over 200 years. And unfortunately a quadrillion dollars of 0% loans is never going to eliminate such extra financial costs…..unless a supplemental gift of income is democratically distributed and the inherently cost inflationary nature of a highly automated economy is eliminated with a retail discount.

No matter how one envisions the spiritual aspect of Life which is Love, the application of it into our organic affairs is ultimately what is most important.

Bob:  Steve,

Me:  Bob,

I’m not disputing the fact that the savings of having a Banking system that actually operated in the interests of the individual and commercial enterprise by minimalizing costs, but Profits and savings are aspects of the Gap. Hence any profit and savings adds to the Gap by extracting them for however long or short a time from the circular flow of the economy.

Depreciation is not a straw man argument. It is a fixed, continuous and hence dynamic flow of additional costs over and above financial costs, especially in an automated and high tech economy. Waste is also an aspect of the Gap and a huge one. Waste cannot be completely avoided. In fact the laws of thermo-dynamics correctly state that waste in the form of the randomization/non-usefulness of energy must and will take place. This is the deeper enforcing imperative of the Social Credit observation regarding the flaw in cost accounting conventions that correctly credits businesses with depreciation, but does not credit the individual with the capital appreciation that we see being built up all around us. And that is why in Wisdomics/Gracenomics I say that in order to have a dynamic balance through time and hence actual systemic free flowingness it is necessary to have a substantially deflationary discount mechanism…..because in the temporal universe you cannot win by creating a mere static numerical balance of costs-prices and individual incomes. Nature does not allow a vacuum or a true stasis. Instead we need what I refer to as “the higher disequilibrium metric” of a rate of flow of more individual incomes and less prices than actual costs.