Finance has sucked the life out of the incredibly productive nature of profit making systems and the will of the vast majority of the general populace and its enforced monopolistic monetary paradigms of Debt, Loan and For Production Only must be terminally integrated with the new paradigms of direct and reciprocal monetary Gifting to the individual and to businesses so that consumption of profit making system’s abundance can be effectively distributed and so the economy stabilized.

Individual income has always been scarce for the overwhelming majority of  people both because the Social Credit insight is correct, and because profit making systems in the last analysis are about power more than they are even money….unless or until the business model that creates the money dominates.  Then such systems must be on an inevitable decline. This is because the rate of flow of total costs exceeds the rate of flow of total individual income, not merely because of interest being charged by Finance. The obsessive focus on interest only is a distraction and a missing of the mark as interest is only a subset of total costs. However, interest is a major proportion of total costs because debt saturates the economy, and so abundant monetary Gifting is necessary. Necessary to become not only a balancing paradigm, but to become the new primary paradigm that saturates the economy. This is the only way that Banking and Finance will ever become a normalized business model instead of a parasite.

consider as many present time factors as you are capable of finding, and the state of Grace which is the continual integration/integrative process of resolving seeming opposites and which has traditionally been associated with an intense experience of present time.

Steve Hummel 04/01/2017

In a recently posted video on YouTube Steve Keen gave some very excellent insights by Marx regarding the unethical tendencies of the business model of Finance, the appropriate purposes of finance being the assistance of entrepreneurship and innovation as envisioned by Schumpeter and the financial instability hypothesis of Minsky.

These mirror my own conclusions and policy recommendations regarding the dominance of Finance’s currently enforced paradigms of Debt, Loan and For Production Only, the necessity of downsizing the private and consumer markets of Finance and the relegation of their economic influence to assisting only the new and more risky productive and innovative ventures that will assist in the thrust toward enabling the economy to do/produce more with less and finally, the freeing of the individual and enterprise from the dominating grip of Finance so that the entire system can flow freely while advancing.

As I have said numerous times Keen is probably the foremost economist on the planet. I would hope that he could acknowledge my philosophical route to co-equal conclusions, expanded policy discovery, extension and implementation and also my further accomplishment of an integration of science and natural Wisdom in a model/formula that more completely describes the world and assists science in progressing and making breakthroughs.

Steve Keen, probably the best economist on the planet, has continually tacked in the direction of Social Credit’s hypothesis and at least half of its policies, but he hasn’t yet recognized the extensions of Social Credit’s dual policies as elaborated in my books  Wisdomics/Gracenomics and The Cosmic Code and hence the consciousness insights of reflectivity, inversion of the primacy of empirical truths, the natural and spiritual power of the trinity-unity-oneness reality of the cosmos, the exact process of Wisdom and its concise formulation which itself is an integration of science and spirituality and so enables the deepening of the method of science, the acceleration of scientific insight and the greater likelihood of scientific breakthrough.

This is the lesson of Wisdom and Spirituality. Integration of opposing truths and only their opposing truths is Wisdom, and the result of adequate/complete Integration is the thirdness-oneness/trinity-unity-oneness-wholeness-process that is the underlying cosmic reality.

This is a good analysis of the differences between UBI/HCM, and it is good to see that current monetary reformers have re-discovered C. H. Douglas. The problem however is the monetary and economic problem remains only half resolved….even with a the implementation of a UBI/HCM. It requires the dual policies of a universal dividend AND a retail discount. In other words C. H. Douglas’ analysis and policies were right….right from the start. Douglas’ only problem was he wasn’t confident enough to advocate an abundant dividend and a high percentage retail discount (even though he considered these) thereby greatly reducing the necessity of Finance to attempt (and still fail) to equillibrate the economy. Neither did he realize the wisdom and practicality of extending the discount policy to the retail product of every business model instead of restricting it to the retail business model alone. These policy extensions and the full fleshing out of the new economic philosophy and new monetary paradigm necessary to stabilize modern technologically advanced economies can be found in my soon to be published book Wisdomics/Gracenomics: The New Integrative Economic and Monetary Theory and on my blog at wisdomicsblog.com

Macro-economists are today suspicious of neo-liberal theory’s claim of strong micro-foundations, and they are correct in this primarily because those micro-foundations are based on an incorrect assessment that the macro-economy tends toward equilibrium and austerity is a macro solution. However, Social Credit/Wisdomics-Gracenomics posits general economic cost inflationary disequilibrium and monetary abundance as its solution. As the disequilibrium referred to by SC/WG is a general condition of virtually all individual enterprises it is thus a macro-economic reality as well, and this is the correct and actual integration of micro-foundations with macro-economic theory.

Money is endogenously created, but individual income is a secondary derivation of the system which via additional costs and time is reduced in ratio to total financial/monetary outlay. Hence the system is inherently cost inflationary which means that anything less than a direct monetary gift to the individual will merely re-initiate that inflation and an erosion of individual purchasing power.

….is that you can then see it, make it yours and help to implement it here, right here and now, that is immediately, in the world we all live in. And I think we can all agree that the world would be better off with more Wisdom.

Because The Cosmic Code, which is the integration of seeming opposites and simultaneously the completion-inclusion of only Truths is Wisdom-Reality throughout the Cosmos, and science which seems to be the opposite of Spirituality but is in fact an aspect of Wisdom, which is the integrative process itself, while the personal Spiritual understanding of the experience of Grace is its greater, pinnacle, more inclusive and continuing result.

All of the sages from all of the world’s Wisdom traditions have repeatedly pointed at and expressed this very same thing, and economically, monetarily, politically and psychologically it’s undoubtedly time we paid attention to what they have said.

Present time example of this:

Banking and Finance’s current monopolistic-ally enforced paradigms of Debt, Loan and For Production Only are the keystone world wide monetary, economic and geo-political problem…….and monetary grace as in Gifting intelligently integrated and implemented into those same systems is its thorough and exact solution.

Blockchain in the last analysis is a false hope for resolving the actual and deepest problem of the economy and money system. That problem is that the moment to moment flow of total costs exceeds the flow of total individual incomes which (under the current paradigms of Finance requires continual borrowing just to keep the economy from spiraling down into a recession and eventually a depression. Of course continual borrowing only re-initiates the above problematic ratio because it entails an additional flow of costs. Even without the additional costs of finance the problem is still unresolved because there are other additional costs besides finance. The solution is dual policies of a relatively abundant universal monetary gift direct to the individual and a reletively high discount percentage to the retail product of each business model all of which is rebated back to them by a monetary authority specifically mandated to do so. This integration of the seeming impossibly opposite economic theories of Keynes and Austrianism along with a new monetary paradigm of direct Gifting is elaborated here:

wisdomicsblog.com