You Can’t Get Behind Consciousness…

…and economically you can’t get behind the theoretical concept of Grace which is both analogous to consciousness itself and whose aspects are the superlative, the complete, the resolving and the ethical.

And just in case you’ve mistaken me for a religionist, I’m talking about spirituality not religion.  Spirituality being the ideas and experiences pointed at and existing behind the dogmas of the world’s major Wisdom traditions, not the dogmas themselves.

Posted To Social Democract In The 21st Century 09/03/2017

These discussions are very intellectually interesting, however, the real economic issue is does the money system facilitate commerce, stability and equitability, i.e. practicality, security and ethics.

IMO MMT has the mechanics of money correctly described, but precisely like what neo-liberalism did, is still an ideology looking for justification. Personally I think libertarians/free banking are headed in the wrong direction and that the money system requires governmental sanction/justification. But MMT, like neo-liberalism, still fails the stability and ethics requirements.

Until such time as MMT or any other theory recognizes and properly understands the concept behind the new paradigm of Direct and Reciprocal Monetary Gifting they will be incomplete, inadequate and effectively unable to fulfill all three requirements.

Wisdomics-Gracenomics: The Natural Concepts Behind The New Paradigm of Direct and Reciprocal Monetary Gifting

Grace: Everything Integrated

Grace (and every other word/experience that the world’s major Wisdom traditions have called it) is everything…integrated…even opposites, to the point of thirdness-oneness, that is, the superlative of The Good. Grace, the most pregnant, encompassing and resolving concept man has yet conceived.

Grace: Dynamic, Interactive and Integrative Balance

These aspects of Grace, along with the aspects of Wisdom/Rationality are why Grace is aligned with environmental balance and sustainability.  Grace is everything integrated in whatever subject so as to result in the superlative effect. Ignorance, cynicism and/or refusal to actually look at and understand that pinnacle concept of Wisdom is no excuse.

MMT Has The Mechanics of Money Correct, But…

…they haven’t yet cognited on The Cycle of Action (the Starting, Changing and Stopping basic reality of the temporal universe) and the strategic economic and monetary significance and effectiveness of policy applied at the Stopping aspect of it.

Directness, Reciprocality and Immediacy/Continuousness: The Trinity-Unity-Oneness Aspects of The Discount Mechanism and The Concept of Grace

The discount mechanism utilizes a direct and immediate Gifted increase to individual purchasing power and reciprocal Gifting back to participating merchants. As the experience of Grace and the description of Time are the trinity-unity-oneness of:

[ (Space x Time)  <–>  Self Awareness ]

[ (The Moment x The Flow of Moments)  <–>  Consciousness of each Moment as Time Flows ]

Thus Directness, Reciprocality and Immediacy are reflective and analogous aspects of Grace, Consciousness itself, Consciousness of Time and The Cosmic Code:

[ (Directness/the Moment x Reciprocality/Effect of the Moment through Time)  <–>  Immediacy/Continuousness of Effect of Grace, Time and Consciousness ]

 

Wisdom is…

the practice of actually, closely and discerningly looking…at everything about a problem, and then coming up with the just and the most integratively truthful solution/decision.

Costs, Time and Free Flowingness

In modern economies the rate of flow total costs/prices always exceeds the rate of flow of total individual incomes. Costs can equated…Time however will not remain still and so statistically it cannot be resolved. This is why general equilibrium is and always will be fallacious, and also why a mere statistical monetary equilibrium will not resolve the problem of Time.

Time is free flowing, Time is problematic in the economy, free flowingness through Time is the economic goal and it will not be the reality, unless policies having an immediate effect on the deepest and most relevant problems of the economy are implemented, including the lag effects of Time.

This is why a universal individual dividend is necessary because it continuously bridges and fills the time lag gap. But this is still not free flowingness. For that you need an inversion of the scarcity gap ratio so that the ratio becomes an abundance ratio of incomes to costs/prices in what I refer to as “the higher disequilibrium”. And that is why a relatively abundant dividend and high discount percentage are necessary.

It Does Not Matter…

…how much money you inject into the economy so long as its injection resolves chronic and inherent problems that advanced economies labor with, its policy effects do not create chronic inflation and they also break up enforced monetary paradigms whose recognition are the deepest analysis and whose powers are the deepest problem.