Yeah John, except I already mentioned that and suggested that the bank of North Dakota just create the money ex nihilo for the dividend and discount as monetary grace/monetary gifting thereby eliminating the need for a central bank. It could even create it as debt, distribute it as a dividend and discount rebates…..and then never require it to be paid back, thus making it a gift.
Come on John, I know you have a little bit of a hyper critical streak in you, have a reactionary caution about presenting Social Credit “realistically” born of being ridiculed by idiot self seeking pols in NZ and also consequently detest my abundant dividend and discount schemes…..but if you actually contemplated the concept of Grace you would realize that Grace whether it be from God or a national credit office or a state bank is by definition abundant….not cautious, scimpy or even only enough to momentarily attain an equilibrium….and then of course immediately fall back into disequilibrium because the temporal universe abhors a stasis or a vacuum. Contemplate the concept of Grace…..and you can’t go wrong.
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Regarding Janet Yellen mentioning the possible use of “helicopter money”
It’s interesting that Yellen would even mention this, but the obsessive caution and emphasis on it only being needed in emergency situations (as if the longest economic slump since the great depression was not critical enough)
is really just a combination of ignorance of alternatives and a not very well disguised self interest on the hand maiden of the private banks, the FED.
Forget about A + B, the internal logics of profit making systems, innovation and AI are all that of efficiency. Profit, efficiency of costs so as to better profit, innovation, efficiency of human effort and AI efficiency of human input at all. So which of these are we going to eliminate in order to avoid the mass erosion of aggregate individual incomes and hence the necessity of the Social Credit policy prescriptions??? None of them is the short and obvious answer, and in fact the idea that we ought to eliminate any of them is anti-freedom as technology has for centuries been attempting to lift the so called “curse of Adam” that “only by the sweat of thy brow shall ye eat your bread.”
The financial elite and their bought and paid for pols need to wake up and die right.
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Outrageousness and loud and forthright preaching has been exposed as an effective strategy for political change by Donald Trump, especially in times of crisis and/or economic hard times. Caution and a tepid message of change never won an election or got a necessary policy implemented. Democrats and money reformers should pay attention.
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JR: “It explains so many things that orthodoxy can’t,….”
Me: Yes it does. And it describes the deepest problem….not the only problem, but the deepest one. The one whose non-resolution though, like human neuroses, keeps so many other problems in effect. And if it would be resolved a paradigm change would occur that would immediately result in a tremendous upsurge in individual freedom and systemic free flowingness. People unfortunately tend to be afraid of freedom. Two of the best books I ever read were Erich Fromm’s Escape From Freedom and his classic The Art of Loving. Those kinds of books need to be read and re-read many times. Loving, you’ll notice is a verb, and so is love in action, in the midst of and despite what occurs to one in Life and is actually the definition of Grace.
Grace is a state of consciousness which exists. Tap into it, contemplate it, cultivate it, apply it to any and every part of your Life and into the organic affairs and systems of Man. Just brush past the modern abhorench
of religion if you have it and understand that the dynamic non-grasping/non-holding onto/flowing aspect of Grace is its non-dogmatic character that effectively integrates it with the temporal-physical universe of change and process. It’s the universal solvent and best guide for personal development and systemic policy. Even if you have doubts about that, just don’t stand as an obstacle in the road of its inevitable expression. Don’t let the pre-scientific naivetes of Sunday school or your inevitable misunderstandings or non-integrations in Life be a hindrance. Even make fun of the preacher of Grace….just try to do it graciously. You can’t go wrong with Grace.