Carl:  I had asked before, but only with a few responses. If this good-faith prima facie cost-benefit amount of a million/household benefits is correct, we should use it. This was part of a paper I wrote for the 2,000 person international conference at the Claremont Colleges last year (Ellen was a key commentator to the whole conference, and I use video from her in the article). The review committee found no error in the paper, as has nobody else in the years I’ve been writing articles, along with the AP Econ teachers (those who care to look).

It’s a great slogan for PB, the Green Party, whomever: $1,000,000 for your family with public banking and monetary reform!

Me:  Carl,

I think your assessment of the idle cash “sitting out there” is undoubtedly accurate if not still somewhat understated because we really don’t have accurate stats on tax haven amounts and other hidden financial assets. Having said that (and I’m sure you are aware of this) knowing what is out there, determining how much of it is actually ill gotten and then actually recovering it is an uncertain and probably a longish process. In no way is that a discouragement to doing so especially with worthlessly pooled assets like the CAFR’s and other of such assets. What I am suggesting we do in the interim is try to recover the low hanging fruit and simultaneously push the Distributive money paradigm in order to break up the debt and loan ONLY paradigm enforced by the private Banks.

One thing I do want to say is that the idea that we will not have price inflation so long as money does not exceed production is, I’m sorry, liberal false orthodoxy. The myriad businesses out there that see a large and/or steady increase in individual demand coming WILL inflate their prices and keep on doing so until an erosion of one degree or another results….because who and what is there to stop them from doing so???? And the regressive elements and old paradigm austerity mentality will howl long and loud about it and try to reverse the changes that are necessary for individual economic freedom and systemic free flowingness. So why leave that inevitability open is what I am saying, because indeed the only way to prevent such a thing from happening is the oft forgotten second Social Credit/Wisdomics/Gracenomics macro-economic policy of a rebated back to merchants, deflationary discount to consumers at retail sale. Please consider this.

Carl:  Hi Steve,
My standing position:

1. Have the breakthrough in public “Emperor’s New Clothes” recognition that we have an Orwellian system: debt is called “money” and “good” for us, the “monetary” system is adding negative numbers (debt) forever to create unpayable and increasing aggregate debt, and that this is obvious criminal fraud from those with legal fiduciary responsibility to be transparently honest with the people about our money. That’s to keep the breakthrough points to three.

2. Do what academics, including economics, promises: have all data on the table in good-faith effort. Key numbers will be real-world consideration for the public, politics, and economics courses.

3. With transparent data, take steps that seem best in conservative gradual ways, all the while taking more data to revise/upgrade our understanding. We then repeat steps 2 and 3.

So! All great ideas such as PB, monetary reform, Gracenomics, should be on our table of facts.

Thank you for your work and care to present ideas worthy of public consideration 🙂

Me:  You’re welcome! And those are fine tactics. Just please do remember that when the awakening does occur and we get our chance to craft policy that the trinity-unity Hegelian dialectic is thesis, antithesis and an ethical synthesis/integration of only truths, workabilities and applicabilities…not thesis, antithesis and an unworkable, inapplicable and unethical mish mash compromise/poison pill conglomeration that fails to evolve, and so leaves the door open for Finance’s paradigm of debt and loan ONLY to exploit and manipulate another day.

Integration is the truth purifying process of Wisdom, not idiot compromise, and the pinnacle concept of Wisdom is the trinity-unity concept of Grace-Flow.