Wisdomics-Gracenomics will create the leisure society.  Few people, I think, would prefer the problems of scarcity and austerity as opposed to the problems of abundance and leisure, however, in the process of adapting to abundance and leisure certain measures could be taken in order to constructively assist that transition.

A job guarantee could be devised for anyone who was having difficulties finding purpose without employment.

We could redefine the concept of full time employment to be 20 hrs./week thus generally increasing  employment. Such a definition would not eliminate 40+ hr./week employment if one or their employer wanted such, but along with the policies of Wisdomics-Gracenomics would free up people’s leisure time greatly and enable people to still adapt to that leisure at the same time.

An optional National Service/Personal Development program tailored to one’s self chosen desires could be implemented to help the community in a variety of ways. The optional Personal Psychological Development program equally tailored to the self chosen values of the individual could also be implemented.

Brainstorming societies for innovation in any and all areas of Life could be encouraged including the option to consume less and/or share consumption more.

A new industry utilizing real life challenges and/or virtual reality experiences to help one better understand Life’s most important necessary mental components (Love and graciousness as Love’s expression) and other positive and mature lessons that mark a truly integrated and happy Life.

This is accomplished by separating Finance’s endogenous capabilities to create money for such large purchases as Homes and Commercial Real Estate.

A new monetary authority must be created with the unmistakably beneficial policies of distributing the monetary gifts of a universal dividend to everyone 18 years of age and older and a relatively high percentage rebated discount to all consumer products including the large assets of Homes and commercial real estate.

Note: Reasonable speculative capabilities could still be allowed and would fit within the retail business model of Finance and the money creating power of the NCO as per above, but huge obviously greedy forms of same like leveraged naked shorting and the creation of destabilizing derivative products would not be allowed. Also large merely financial products would be relatively heavily taxed and so discouraged while investments in the traditionally productive economy would not be so taxed.

The degree to which one consciously cognites on (recognizes for the first time) the new monetary and economic paradigm of Direct and Reciprocal Monetary Gifting monitors the extent to which they can see how all of the current cutting edge heterodox theories and reforms are based on an aspect or aspects of Gifting and can be integrated under that concept into the new primary pattern of same.

Data and theories are levels of understanding below philosophy and paradigm perception. Philosophy understands the ideas/concepts and a new paradigm is cognition on the entire pattern of ideas, theories, reforms and data and how they are best integrated for the general Good.

The current money creating system is endogenous. That is a basic problem with it. The business model of Finance needs to become an actual retail model whose products are assesessment of creditability, degree of present market saturation, accounting of debt payment and the creation of a note only. 

The actual creation and distribution power of the monies for the note needs to become exogenous. Under the present system the FED is actually the hand maiden of the endogenous money creating big banks. The FED or National Credit Office (NCO) needs to be given that sovereign capability and the NCO needs to have the mandated gifting policies of a universal dividend and a point of sale retail discount which will guarantee that the system serves Mankind instead of Mankind having to serve the system as it must now.

If you pursue Love you not only believe in God you know him, and if you express Love you know Grace which is simply Love in action.

Steve Hummel 12/08/2017

It is wisdom and basic ethics that one be wary of allowing a single authority to dominate you and the entire system in any temporal affair. So is the case with the business model of Finance.

If one does give an authority the power to be the final one for the money creating power that it be with the proviso that their policies be unequivocally and unmistakenly in the interests of the common good.

I have related the policies of a universal dividend and a 50% discount to retail prices. For most consumer retail products this works perfectly and will enable all consumers to more rapidly save the money and then pay off big ticket items. However, homes which are comparably much larger products would still need these policies applied as well.

It can be shown that Finance as the money creating power itself is actually a thoroughly unnecessary extension of the productive process that normally ends for all other products at retail sale. Thus making Banking just another retail business model and creating a separate money creating and distributing authority that accomplishes the above common interest enables us to better see how Finance has been allowed to become a parasitical force that dominates every other business model and 95% of the general populace. It also better enables the integration and saturation into the broad economy of the new monetary and economic paradigm of Direct and Reciprocal Monetary Gifting.

For example:

The retail product of a home building corporation is the home built and finished. According to the discount policy they would be able to sell the home for $200k and yet with the rebate the consumer would only owe $100k as the home building corporation would be paid $100k by the monetary authority. As an exogenous parasitical business model the Bank subsequently creates both the note and the monies to pay for it. What is needed is for the Bank to merely create the note as their retail product….and have a separate money creating authority distribute the actual funds.  This way they are able to take advantage of the discount policy and reduce the note to $50k to the consumer and be rebated the other $50k and be able to treat the remainder of that $50k as business revenue.  Thus the consumer receives the $200k house for a mere $50k, everyone is made whole on their overheads and margins of profit….and Finance no longer is an incredibly costly parasite on the rest of the actual productive economy.

Agriculture:  The plow and observing greater abundance. (Also preceding even that: observing that seeds produce more plants)

Helio-Centrism:  The telescope and seeing the moons of Jupiter revolving around it. Also discovery of the ellipse and the observation that it accurately describes planetary orbits

Direct and Reciprocal Monetary Gifting:  Double entry bookkeeping and its subset cost accounting and cost accounting’s conventions. The new observation that applying monetary policy directly and reciprocally as a substantial discount at the point of retail sale eliminates any possibility of inflation, and in fact the further totally new observation that this policy can beneficially integrate price deflation into profit making systems.

“The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.”

Leo Tolstoy

Create a National Credit Office as the absolute credit and money creating authority and with the mandated policies of the distribution of a universal dividend and a retail product discount of 50% and we will finally have a system that serves Mankind instead of Mankind serving the system.

Steve Hummel 12/08/2017