Posted To Mish Shedlock’s Blog 06/13/2016

Me:  There’s always a particle of truth in what orthodoxy and/or TPTB say, and when the the EU disintegrates something will have to replace the mess that results. That of course is a decentralized collection of self sufficient nations whose economies are monetarily stable do to the fact that a universal dividend has corrected the long standing scarcity of aggregate demand in ratio to costs/prices and a retail discount to prices has turned the vector of their economies toward price deflation instead of inflation and hence they have thrown off the tyranny of the business model of Finance and embraced the freedom/free flowingness of the concept of Grace as in monetary Gifting.

Crys,

Well yeah, you’re way ahead of most here conceptually, …and didn’t you commit the unforgivable sin of not only responding to me, but actually acknowledging that Social Credit might be the way we’ll have to go?

Crysangle:  We have forms of social credit already in most societies.

Have to? That implies lack of choice, not too far off what is going on now either.

Sure you are not rooting for an extension of the status quo?

Ration books were necessary once too….

Me:  We have SOCIALIST/RE-Distributive forms of non-Social Credit….which does not actually solve the problem. As I won the debate (by default actually because no one can present any evidence to rebut) a few years back on this forum about whether or not Social Credit was socialism….which it is not…I can speak authoritatively. Social Credit is a DISTRIBUTIVE NOT A RE-distributive paradigm which fits seamlessly within profit making economic systems.

And yes we have to…if we are actually going to resolve the ACTUAL AND DEEPEST problem with modern technologically advanced economies. The facts are the facts and the truth is the truth.

 

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