…is that Finance controls it, enforces an unnecessary austerity in doing so and in reality doesn’t actually control it either as the wheels keep falling off.

The only way the individual and the rest of the business community will ever be free of dominance and manipulation by Finance is if we integrate a new monetary paradigm into the economy which stabilizes it and enables all to enjoy the abundant productivity it is now capable of and competes and increasingly replaces their curiously unexamined monopolistic paradigms of Debt and Loan Only.

You forgot the REAL greatest global threat, Finance dominated capitalism. And before anyone irrationally over reacts to the word capitalism, I’m more for capitalism and/or profit making systems than anyone else here. It’s just that I recognize the real problem which is the enforced paradigms of Debt and Loan ONLY with which Finance dominates every other business model and probably 96% of the general populace, and unless a costless paradigm is integrated into the system will destroy profit making systems.

And the new paradigm of Monetary Gifting is just such a sufficient and deep change. Finance’s monopolistic paradigms have dominated every other business model and 96+% of the general populace for like at least 5000 years.

Just think about how ripping out the intricately intertwined, enforced problematic burden of the ideas of debt and loan only and replacing them with the primacy of a new paradigm of Monetary Gifting rationally and intelligently implemented into the economy could relieve personal, national and international stresses and create societies of stable wealth and the leisure time to allow people the time and opportunity to find self determined purposes in addition to employment. Not only would the individual and enterprise be freed from the excessive parasitic costs of finance and the burdensome effects of unnecessary taxes, but people would have the time to create better community, to investigate the enriching effects of the arts, to solidify the loving ties of family, to think more rationally about ecological issues and to hold their political representatives accountable for continuing to create an even more free and humane society based on the idea behind even the idea of Gifting,  the natural philosophical concept of Grace and all of its beneficial aspects.

Apply Wisdom and Grace to the economic system and contemplate Wisdom and and the natural personal experience of Grace and you’ll be smarter and more competent than you ever were before, “you’ll never put a foot wrong” and everything will change for the better.

…the terminal ending of metastasized Finance Capitalism and the salvation and rejuvenation of profit making systems.

…but he hasn’t utilized the closer look of Wisdom to become aware enough of the actual process of commerce to discover how to free enterprise from the tyranny of Finance’s monopolistic paradigms of Debt and Loan Only….like I have with my Wisdomics-Gracenomics.

The stops occurring throughout the entire process of commerce are also summation points of costs and prices. Hence if you implement the monetary policy of a discount to prices to the next consumer precisely at each of those points and then rebate those discounts back to the merchant giving them you’ll accomplish the following things:

Free enterprise from the austerity enforced by the monopolistic paradigms of Finance,

Tend to saturate the entire economy with the new paradigm I advocate, Monetary Gifting,

Beneficially integrate price deflation into profit making systems

And if you implement a sufficiently abundant universal dividend as well (a policy Keen again half consciously advocates in his recent acceptance of the idea of a universal basic income)  you’ll free the individual and as a kicker make the transfer taxes both individuals and enterprise pay immediately redundant and completely unnecessary.

Wisdom and its pinnacle concept Grace, the closer, more practical and workable, freeing and ethically elevating look.

The investigation of the Trump administration is necessary in my opinion, not because there was witting espionage involved, but much more likely because it will eventually uncover what I believe is Trump’s most problematic vulnerabilty…his reliance upon international finance and the entangling bail out favors he has been given by Russian oligarchs.  I think this is what is behind the non-disclosure of his taxes which would make clear his unwitting entrapment by Russian oligarchs and consequent vulnerability to Russian manipulation as well.  So investigate ….before unwitting entrapment becomes overt espionage.

Finance and its monopolistic powers and paradigms of Debt and Loan Only IS the biggest problem afflicting the world….except that is for those they favor and would like to have control over via virtual gifts given to them in order to bail them out of bankruptcy.

If the Trump administration wanted to create stable prosperity out of the slow motion but increasing acceleration toward international financial collapse, they would immediately adopt the policies of Wisdomics-Gracenomics which break up the dominating and manipulating monopoly paradigms of Finance. And then the continual media frenzy and general stress surrounding all manner of less significant issues would undoubtedly subside and we could get on with peace, prosperity and the time to contemplate the really important things in Life like finding personal purpose in the leisure society Wisdomics-Gracenomics’ policies would effect.

In other words as much as I dislike Trump’s third rate populist intellectualism and political demagoguery I can’t quite envision him as an overt traitor. I can see him being a willing receiver of unethically laundered money to bail him out of bankruptcy and hence becoming an unwitting tool of Russia. So rather than let his possibly unwitting usefulness to same morph into a much more harmful variety why not turn the tables on both the Russians and the business model of Finance by de-throning and neutering them in favor a theory and policies that would empower the individual and profit making systems….and make him the president who did so????

Religion is all too often a soporific distraction, spirituality is its more relevant and powerful essence.

c copyright Steve Hummel

05/28/2017

And in the present economic case that would be two primary inversions:

The inversion of the primacy of Debt/Loan for Gifting, and

The inversion of the primacy of consideration paid to corporate and financial entities for the individual.

Just because most economists haven’t discovered/re-discovered a dynamic factor in the micro-economy that explains our economic and financial instability…doesn’t mean it doesn’t exist. Macro-economists indeed would be smart to embrace complexity and also general disequilibrium and the only thing that has historically provided the insights and solutions to such, i.e. the integrative mental process of combining opposing truths, workabilities, applicabilities and their highest ethical considerations AKA Wisdom. Integrate/Combine Wisdom and science and you’ll get a Wisdomics which is precisely what economic theory needs.

Wisdomics/Gracenomics is the new integrative theory that commits monetary and financial paradigm change and out of which a new ethic and greater ecological rationality can emerge.

wisdomicsblog.com

You’re absolutely right that an unregulated currency is inevitably inflationary, but unfortunately Gold is not the answer to such regulation. Why? Because the deeper insight into the economic system is that it now inherently creates a higher rate of flow of total costs than it does a rate of flow of individual incomes with which to liquidate such costs….and so leaving the economy entirely alone as libertarians and Austrians would like to do…will merely inflict more and more pain and still inevitably result in economic collapse…exactly like all forms of Keynesianism etc. liberal economic theories will result in because they don’t actually see or deal with the real problem either which is the ratio above. Throw in the fact that AI is a (just beginning) disruptively diminishing force on aggregate individual incomes and the only actual and sane solution is a new monetary and financial paradigm of Gifting intelligently and rationally integrated into profit making systems.

You’re a very astute observer of trends and a knowledgeable theorist Mish. But I think you’re smart enough to even perceive a new paradigm. You’re recognition of the trends in auto ownership and its economic effects tells me this. Paradigm changes are hard to perceive because the nature of an old paradigm is that it is always habitual and hence goes almost entirely unexamined. Hence any new paradigm is always “absurd” and laughed off….right up to the time that it becomes the new absolute truth. Just consult history for confirmation of that.