Disequilibrium Theorists: The Smartest Economists On The Planet, But…still stuck in accounting equilibriums and the end of the economic cycle of action of Start, Change and Stop, that is Stop as in Deflation, despite the fact that the inherent nature of advanced capital economies is cost inflationary.
I’m quite sure they will be able to come around to all three of the solutions to our long term problems in advanced economies. They’re already advocating “a modern debt jubilee” which is the first part of the three steps we need so why not a universal dividend? But as I pointed out above they’re still stuck in accounting equilibriums and fallacies like the velocity of money and stock/flow consistency, and so they’re also stuck in the deflationary end reality of inherently unstable advanced economies. And yet the underlying and continual state of modern economies is cost inflation, that is the rate of flow of total costs always exceeds the rate of flow of total individual incomes. Hence they don’t see that the third policy way to end an inherently cost inflationary modern economy is a discount to retail prices to consumers which is reciprocally gifted back to those merchants.
The dual policies of a universal dividend and a retail discount would resolve the other glaringly contradictory and yet still unconscious problem in advanced economies, namely the monopoly paradigm of monetary distribution, debt only. Just integrate the current debt only paradigm with its opposing paradigm of gifting…using The Cosmic Code as a consciousness raising and truly progressive model of course, and we’d soon have a roaringly profitable economy with steadily falling prices.
And finally, if we would be very smart we’d make sure that the dividend was abundant enough and the discount percentage high enough to reverse any inflationary naughtiness by businesses raising their prices just because they wanted to. That way both individuals and enterprise would become increasingly free from debt and their current dependence on it, and that would force the problematic business model of finance to take its smaller, non-dominating and ethically correct place in the economy….alongside every other business model.
This way Disequilibrium theorists would become truly and elegantly consistent and recognize that the above policies would actually create “the higher disequilibrium” of a continual rate of flow of total individual incomes that exceeded the rate of flow of total costs/prices.
The Cosmic Code: Bring wisdom and consciousness to economic theory.
DC: You CANNOT erase debt in this economic system. It is inherently based on debt. It is impossible to bring about the end of debt because of its nature. As long as the centralized banking cartel exists we will all be indentured servants.
Me: I’m not advocating the elimination of all debt. I’m advocating for a greater rate of flow of total individual incomes in ratio to the rate of flow of total costs/prices…on a continuing basis which will continually increase economic freedom for both the individual and for enterprise and prevent the build up of debt as well.
DC: You’re not understanding how the system is designed. Debt is inherent to the design. Our money is created from nothing. If I print up a single dollar and tell you you have to pay me back $1.25 for that dollar how do you pay me back? I’ve only printed $1. The only way you can pay me back is if I print a second dollar which I charge you for that. Now you owe my $2.50, but you only have $2 again how do you pay back that debt?
It is designed to keep nations in constant debt that CANNOT be paid back. Nothing you or anyone purposes can ever change this unless the Fed is eliminated.
Me: I’m not misunderstanding the system. I understand exactly what you just said. Actually the system can go on for very long periods of time except debt will inevitably build up. What I’m saying is in order to stop AND reverse that tendency you have to integrate monetary gifting into the system in a fashion that is direct to both the individual and businesses and that is at a sufficient rate of flow that it reverses the rate of flow of debt build up. That is the definition of economic freedom and free flowingness.