All temporal orthodoxies have both truth and untruth in them, and most if not all spiritual orthodoxies have at least the potential for less than thoroughly integrative understanding. In order to prevent the dis-integrative tendency of arguing over mere and incompletely true opinions/orthodoxies I advocate a dynamic ethic of Grace  wherein the truths of opposing perspectives are integrated toward a reality that is a Thirdness and Greater Oneness.

This would be an ethic of mental openness, calmness, willingness and caring-ness to look for greater and more beneficial solutions to any and all problems.

Thirdness Greater Oneness is the object within the temporal universe, and Ethics is a superior to the temporal universe fourthness and continuousness that keeps the ethic of Graciousness moving and manifesting through time.

C. H. Douglas’ A + B Theorem (A as a flow will not pay for A + B as flows) derived from his empirical cost accounting studies of commercial agents was stated as “The rate of flow of total costs/prices exceeds the rate of flow of total individual incomes. This made him the first disequilibrium theorist.

Steve Keen’s macro-economic insight that continual private borrowing even at 0% interest eventually overwhelms the ability to service such debt build up, and that when the rate of debt creation turns downward a recession is the inevitable result ….unless of course one just keeps on borrowing….until an event like the GFC in 2008 occurs. In other words the system is unstably in a continual state of financial disequilibrium palliated for a season until it collapses into recession or depression.

And both of them consequently recommended policies to deal with the continual debt build up. Keen by his own admission (and recognizing the same of economists in general) not being educated about double entry bookkeeping, in less specific and effective policies than Douglas who was very well grounded in the discipline and so suggested an ongoing dividend and a discount/rebate policy at retail sale that would be recorded and paid back within that digital/debit/credit format.

Douglas perhaps did not have quite as clear of an understanding of quantum physics and the laws of thermo-dynamics as Keen, as they were only recently discovered, hence he tended toward equilibrium in his policies somewhat more than he should have. Keen despite being aware of these has not recognized the necessity that policies reflect the very disequilibrium he espouses as economic and financial reality.

I have recognized such policy necessity and so I advocate the inversion of Douglas’ monetary scarcity ratio above (inversion being one of the signatures of paradigm change) i.e. the rate of flow of total individual income must exceed the rate of flow of total costs/prices which I refer to as “the higher disequilibrium”.

Douglas was aware of the concept of trinity and how it was reflected throughout government, society and religion. Keen recognizes the same concept in the Hegelian dialectic. Neither was/is aware of the extended and deepened concept of Trinity-Unity-Oneness-Wholeness-Consciousness-Process which I have recognized and done an exegesis of, as well as recognized that this concept/experience pointed at by all of the world’s major wisdom traditions and variously called satori-kensho, samadhi, atonement or Grace….is the concept behind the new monetary and economic paradigm, i.e. Grace as in Monetary Gifting. Furthermore I have recognized that the Trinity-Process concept characterizes both the scientific method and the mental discipline known as Wisdom and formulated them thusly:

Scientific Method  [ Hypothesis  <–>  (true x false)  ]

Wisdom          [ (perspective truth x opposing perspective truth)  <–>  Greater truth ]

Science is a trinity-fragmenting-temporal-physical data truth discerning-process.

Wisdom is  the exact trinity-unity-oneness-wholeness-consciousness-process.

They are complementary and yet hierarchical as science and the scientific method reside entirely within the discipline of Wisdom by virtue of its nature and description.

By the way Dr. Keen is correct and Max Keiser isn’t. Paradigm changes are characterized by inversion of the old paradigm with its opposite….not reversion to an older paradigm (commodity money). Thus the primacy of the current monetary paradigm of Debt-Burden Only is changed by its inversion Monetary Gifting-Freedom/Freeingness. Other examples of paradigm change inversions are the change from Hunting-Gathering to Agriculture (moving around for abundance to staying in one spot for same) and the Copernican Helio-Centric paradigm change (inversion-change of position/primacy of the earth and the sun). Keiser’s last foray into financial innovation (high speed transactions) didn’t turn out to be very democratically beneficial to the individual and certainly wasn’t used in what could possibly be construed as an ethical way. He needs to stand on his head, not walk backward, and tie monetary policy directly and democratically to the pricing system utilizing double entry bookkeeping (probably humanity’s second best innovation next to cybernation/AI) not unleash another gameable speculative commodity bubble that confuses chaos and freedom.

This is what needs to happen with the national debt:

1) Re-finance all of it at 0% interest

2) Refund all of whatever amount was purchased by individuals or commercial agents other than Banks if they want to invest in traditionally productive enterprise, or they can keep it in the bonds at 0%. The banks can take whatever they have created themselves back as reserves only.

3) The natural interest rate for fiat money is 0%, therefore any new credit/debt created for governmental purposes/financing should forever be 0%.

Note: Some would say that dumping huge amounts of debt in the form of bonds into the economy would be inflationary. Under the present monetary paradigm of Debt Only and with no monetary policies to adequately handle such an increase in the money supply that might actually be true. However, one must realize that it is not the additional money itself that is the root cause of such inflation, but rather the “human freedom to act to increase prices in anticipation of increased demand availability”. Therefore, if we strategically implemented the discount/rebate policy expressed in the thread entitled The Three Secret Policies That Will Change Everything…Revealed To You Now…any such inflation would be more than compensated for even though the amount of readily available money to individuals and enterprise by the other two policies enumerated there was greatly increased.

And why is that a fact? Because monetary policy was DIRECTLY AND RECIPROCALLY tied to the pricing system…..in the form of a costless GIFT.

Just keep reading and re-reading the above post until its policy actions, reality and effects become completely clear to you.

Every aspect of the economy could improve….if we recognized a new monetary paradigm and aligned regulation with same. That is the nature and effect of a new paradigm….deep, progressive and transformational change.

The 50% discount/rebate at the business model of retail sale remains the same. Thus integrating consumer price deflation beneficially into profit making systems and doubling everyone’s purchasing power .

For all other businesses/models if after a monthly rigorous examination of their books they do not raise their prices the National Credit Office/FED/Treasury will gift them the equivalent of what a 1% increase in their prices would have brought them. And if they do increase their prices for reasons other than new and legitimate additional costs, then they are taxed on whatever that increase would have brought them at a rate of 150%. Thus the government takes sovereign, adult, responsible, benevolent, rewarding of virtue, punishing of vice, freeing control of the pricing system of commerce.

God I love the wise and caring third alternative.

Note: Let the fallacious ideas of the Quantity Theory of Money and the misnomer of monetary inflation be forever resigned to the dustbin of history.

The effect of this new “wrinkle” is that it extends the dividend policy to commercial agents while encouraging positive economic behavior (honesty, frugality, responsibility for the system as a whole) and discouraging economic vice (human/commercial freedom to inflate prices without good cause). It is an example of the best integration of the practical and the ideal which always characterizes Wisdom.

Me: Excellent points, and as I like to say, “Science like food is a wonderful and necessary tool….that exists entirely within the digestive tract of Wisdom.”

MM:  What then are other methods that are valid and better?

Me:  Wisdom,an integration of the scientific method and the discipline known as Wisdom, the process of which is the thorough integration of the truths in apparent opposites….in this case the truths in the opposites/complementary mindsets of Science and Wisdom. Economics requires a new philosophy, no even a new paradigm and science and mathematics are not up to perceiving these….except fragment-ally. Wisdom is a holistic NATURAL process and that is what will enable more and more economists to see the new paradigm as a whole, more philosophically and epistomologically. If one does not have full knowledge of a paradigm they can be staring straight at it….and miss many extremely important and workable aspects of it. And finally, after you’ve looked at the paradigm’s many aspects and seen how they economically apply…when you cognite (recognize for the first time) on the concept behind even the new monetary and economic paradigm is when you truly see and understand. And that’s a natural fact.

It’s what enables beneficial price deflation in profit making systems and in sufficiently abundant amounts and percentages undoes the paradigmatic dominance of Finance.

That’s what it takes to actually see a new paradigm thoroughly. It (the vision) comes in bits and pieces, then gobs and gobs and finally a torrent until you completely trust its separate aspects and the whole of  the new paradigm. It also helps if the concept behind the new paradigm is even greater, more basic and more applicable than the specific area of application of the new paradigm.

In other words the new monetary and economic paradigm is direct and reciprocal monetary gifting. The concept behind the new paradigm is the natural spiritual concept of Grace/satori-kensho/samadhi which is applicable to all human beings as we are all conscious beings having a physical-temporal experience and finally Grace etc above is actually the name for the experience of experiencing the most basic reality of the cosmos which means it’s the most basic experience of everything which makes it applicable to everything.  Furthermore, as Grace is the pinnacle concept and experience of Wisdom and integration is the very process of Wisdom that logically points at the fact that concentrically Grace is integrated with and so applicable to every area of human existence from the individual self to the family, to the the society, to the economy, to philosophy on up to natural spirituality and continually back and forth and throughout all of these areas.

And that kinda makes it significant.  :))

You could gift back to every enterprise 5-10% of their total sales to their commercial consumers if they did not inflate their costs/prices except as legitimate additional costs outside of their control would require them to do so.

Then you could still have the 50% discount/rebate policy apply to all retail consumer products, and have the same 50% discount/rebate apply to Finance for home loans.