There is an awakening occurring which we must not let pass. The article and the video below it of Varoufakis’ rebuttals is excellent. The only two things that current thinking about a BIG are omitting are 1) the necessity of an inflation stopper at retail sale. The money system and hence the costing/pricing system of commerce is digital. Therefore prices can be reduced to the consumer and then rebated back to the commercial enterprise by the same amount without increasing the money supply. We have to be honest and hard headed about the fact that the self interested financial powers WILL attempt to defeat the long term benefits of a BIG via encouraging inflation by businesses unless a discount policy is implemented along with a BIG/Dividend. 2) A BASIC income guarantee can be morphed into an austerity welfare like payment which doesn’t actually bring freedom, but rather just second class citizenship. The fear of monetary inflation and unconsciousness regarding the enlightened policy of a retail discount policy keeps economists pinned to the orthodoxy of equilibrium. In order to have the entire economy have a direction toward free flowingness, more individual wealth and freedom AND LESS need to finance we require what I refer to as “the higher disequilibrium” where the combination of a near middleclass dividend and a proactively deflationary discount to retail prices insures a satisfactorily abundant and hence uncoercible freedom “to say no” as Varoufakis says in the video at the end of the article.

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Yes Stuart. It is a multi pronged full spectrum attack, but it all can be defeated by making the individual uncoercible by destroying the threat of unemployment.

By the way Max Keiser episodes 913 and 914 have segments with Steve Keen that are interesting viz Donald Trump’s recent awakening to the fact that currency sovereignty is essential. No matter who is elected in Novenmber we are in for “interesting times”. If Hilary wins the godawful invective from talk radio will only get worse, and if Trump becomes a modern student of money systems and the economy the pressure on him to be impeached and/or otherwise destroyed will intensify. This is why IMO it is absolutely essential that Public Banking’s recent “What Wall Street Costs America” and a grass roots movement to ally the large constituency of the small to medium sized business community and the individual via my idea of Project Monetary Wisdom and Grace are a bulwark against a false flag populist revolt from the right if Hilary wins or a similar covert finance fomented attempt to take down of Trump if he awakens disguised as a liberal progressive attempt at impeachment. Finance can work either side of the political aisle as we well know.