1. Economic Theory is not scientific, does not address the economy as it actually is and must be re-assessed.
2. Modern economies do not tend toward equilibrium.
3. The primary economic and monetary systemic problem is that the rate of flow of total costs/prices continually exceeds the rate of flow of total individual incomes with which to liquidate those costs/prices and hence is in a state of individual monetary disequilibrium.
4. Injecting money into the economy by government via enterprise does not resolve the underlying cost inflationary nature of the economy because it merely re-initiates the systemic problem thus not changing the problematic ratio in #3 above.  
5. The current enforced monetary paradigms of Debt, Loan and For Production Only all incur additional costs and so prevent the resolution of modern economies’ primary problem.
6. A new monetary paradigm must be integrated into the debt based money system in order to actually resolve the primary problem.
7. The new monetary paradigm must be direct to the individual and must also enable enterprise to survive and profit.
8. The new monetary paradigm is Direct and Reciprocal Gifting.
9. The policies that reflect and enable the resolution of modern economies’ primary problem are a continuing direct and costless monetary gift to the individual and a discount to the retail price of every business model to its clients that is reciprocally and fully rebated back to them by a monetary authority mandated specifically to do so.
10. Innovation and artificial intelligence will increasingly reduce costs, however, the best way to promote that tendency and prevent it from being thwarted and/or costs to be diverted elsewhere is to continually downsize the necessity of finance with a truly abundant universal dividend and a discount percentage that clearly exceeds any arbitrary or circumstantial price inflation. 

Also perfectly reflects The Cosmic Code

I’m for profit making economic systems. The difference between myself and conservative, libertarian and liberal theorists is I understand that a new philosophy and aligned policies are necessary in order for profit making systems to survive in modern technologically advanced form. The above theorists on the other hand believe we should merely cut cost and let the market clear and “do its magic” or merely increase money flow via continual borrowing from Banks. I’m for increased money/individual income flow, and I’m also for cutting costs as a valid and understandable economic competitive strategy, but I realize, except perhaps in extreme and unsustainable circumstances, because costs and hence prices as a flow continually exceed the flow of individual incomes….that markets in fact do NOT clear.

What this means in the current set up of the system is that the only way for the system to survive is to continually borrow in order to increase individual incomes. Of course this does not resolve the systems actual deepest problem because continual borrowing incurs a flow of CONTINUAL and ADDITIONAL costs. Continual borrowing currently makes the business model of Finance an absolutely necessary and dominating force in the economy, and as domination in any form is prima facie and fait accompli  unethical, the enforcement by Finance of the monetary paradigms of Debt, Loan and For Production Only must yield to an additional paradigm of Gifting both directly to the individual via a continuing dividend and a retail discount, and reciprocally back to every enterprise at the point of their final discounted “retail” product. Finally, because nature abhors both a stasis and is in a continual state of flux and flow itself, a mere statistical equilibrium aka “a balancing of the books” does not and cannot enable stability. One must overcome the orthodoxy/paradigm of equilibrium as well.

The way to resolve this (and this is characteristic of paradigm changes down through history) is to invert the position of the current dominant paradigm/reality with the new one. As the Copernican helio-centric astronomical paradigm switched the positions of the earth and the sun so the new paradigm of Gifting must be switched with the old ones of Debt, Loan and For Production Only and so become the new primary financial paradigm. Likewise, the old problematic ratio of total costs/prices exceeding total individual incomes must be inverted as well. This is accomplished with an abundant dividend and a retail discount percentage sufficient to accomplish price deflation, and hence will, in itself, make the continual flow of incomes exceed the flow of costs/prices, effecting a CONTINUAL downsizing of the NECESSITY of finance and so a freeing “higher disequilibrium”. This is the final stabilization of the economy and even though there may always be perturbations in it, along with technological innovation and now artificial intelligence, the inversion of the problematic ratio will more rapidly accomplish an ideal akin to orbital free flowingness.

Yes, the laws of thermo-dynamics are essential in understanding the deepest problem with modern economies…and a full understanding of a NATURAL concept of negative entropy is necessary in order to craft policies that resolve it.

Steve Hummel 03/21/2017

What economics (and probably most of Man’s systems) really needs is a new philosophy. You know, the thing that can include all of the figure-figure-figure of economics and policies that have far better ethical end results than the current 250 year old strains have largely failed to accomplish….for like 250 years.

What if there was a philosophical concept that contained and encompassed the above bothness and even a more integrated and unified thirdness. That might be a good place for economists to start looking for that new philosophy.

…everything else falls back into its relative importance, any association with those two most basic problems will tend to dissipate or disappear and all other aspects of the economy can probably take care of themselves with structural balance and a light touch of regulation and/or taxation.

The natural philosophical concept of Grace has always been the not fully consciously understood, un-applied and/or resisted factor in economics, and for that matter in any human system or human situation.

Grace is the fullest, deepest, most complete, most unifying, most underlying and continuous state of the cosmos and the highest personal experience available to Man. Contemplate it, apply it and continue to tap into it and your vector will always be toward more awareness of both self and the physical universe and experiential ascendance as well.

Steve Hummel 03/20/2017

We the People of the World, in order to establish true economic stability, end Financial and Monetary domination and usher in a new age of Wisdom applied to these systems and as much of our lives as possible declare our independence from and  rejection of all of the fragmented, blind and incomplete particles of half truth and untruth that virtually all Economists, Bankers, Financiers and Politicians call theory;  and pledge that we intend to integrate their mutual truths while deleting their untruths after the fashion of the process and rules of Wisdom-Integration.

We hold these truths to be self-evident, that systems were made for Man  not Man for systems. That they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments and only duly elected and responsible governments are instituted among Men, deriving their just powers from the consent of the governed, –That whenever any Form of Government, Economic Theory and/or Monetary System becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Systems, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Stability, Abundance and Happiness. Prudence, indeed, will dictate that Systems long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind is more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such institutions, their dominating ideas and their covert controllers, and to provide new ideas, philosophies and policies for their future security.–Such has been the patient sufferance of the peoples of of the world and such is now the necessity which constrains them to alter their former Systems and the paradigms that frame them. The history of the present economic and monetary systems is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute physical and mental Tyranny over their national constituents. To prove this, let facts be submitted to a candid world.

We declare the new theory and policies  of Wisdomics/Gracenomics whose new monetary paradigm of Grace as in Gifting is the concept that resolves the differences between all of the obsessively contentious orthodoxies you’ve all been unconsciously dramatizing for the last couple of centuries by integrating the best of the agendas of the left and the right. Yeah, that’s what Wisdom actually is and does ya bunch of smart assed dunces. We Love you, but fuck you….we’re moving on….with Wisdom.

This will eventually be separately a serious re-write and a satirical parody aimed at communicating to the 16-25 year old social media generations and in association with the new meme of “We love you, but fuck you, we’re moving on with Wisdom.

The Younger Generation’s Declaration of Independence and Action

When in the Course of human events, it becomes necessary for one generation/species to say to the dominating, the bought, the clueless, the timid and even the sincere and actually smart….”We love you, but fuck you….we’re moving on with Wisdom”, and in so doing dissolve the economic, monetary and political shitheadedness  which has sat upon our generation and every generation for the last 200 if not 5000 years, and to reject “the motherfuckin’ powers that be” and their “stinkin thinkin” that cannot seem to see the essential racket nature of the present piss ant system that even we tender assed and largely unacculturated minds can easily see. Ya better wake the fuck up, ’cause “We love you, but fuck you….we’re moving on with Wisdom.”

To prove our point let these facts and thoughts be youtubed, twittered and by “any and all social media means necessary” communicated to all generations but especially to we smart phone addicted, lamp post collisioners, classroom slackers and otherwise joyously as yet unadapted to the system, potential victims of it.

Water doesn’t naturally flow uphill and neither should all but a nickel and a few friggin’ pennies do the same. We don’t care to be billionaires, we just want to be able to pay for a ticket to tour their mansions and maybe be liberal about pointing as we piss in their gold plated toilet bowls. Hey Pols!, actually fix the fuckin’ system by thinking a new thought like Gifting instead of Debt ONLY will ya?  We know your synapses are pretty rigid from age and all the pocket lining you’ve gotten from J P More Orgasm and Gold Pan Sex Inc. but we’re here to tell you to stop forgetting to remember that systems were made for Man, not Man for systems. And if you don’t We love you, but fuck you….we’re moving on with Wisdom.

We get a kick out of a good fight, even a dirty one, but afterward we generally get over it and even have to admit that we deserved to be slapped for grabbing someone’s tit before even dinner, or for most of us on our current budgets, before we shared a few Milk Duds. Hey economists!,  quit justifying your half-assed out dated theories and combine only the truths in your own and other’s thinking. If the system doesn’t put enough money in everyone’s pockets to pay for ever increasing prices and the same thing occurs even if the Banks loan money to everyone and their friggin’ dog’s uncle….then devise policies to costlessly increase everybody’s cash on hand and drastically discount prices and yet still enable Verizon, Sprint and T Mobile to make a profit. What’s more important continuous free texting or a Banker’s monopoly idea of Debt???  Get it done ’cause if you don’t, “We love you, but fuck you….we’re moving on with Wisdom.”

We don’t mind all that much being subject to our parents and civic authorities, even if they’re fucked up beyond all repair and riven with dunderheads, incompetents and people who couldn’t change their thinking if a phaser on disintegrate was pressed to their temple, but being the slaves of the money system just because no one has questioned why the big Banks are allowed to have a virtual monopoly on money creation and even worse a monopoly on the forms and purposes that money can be created for….that’s horse shit! We don’t care if Jamie “Legs” Dimon and Lord Blankfein own everything and everybody and don’t want to make the system work for everyone, don’t even care that chaos and world war will eventually occur and everything gets destroyed so then they can just fucking lend us money all over again to re-build it. No, you dip shits, tools, slow learners and over bosses! Make the system actually work and make it work abundantly for everyone! NOW!!! If you don’t agree to change the system, we DON’T even love you, fuck you, we’re moving on with Wisdom by pissing and moaning and shaming and antagonizing all the pols, economists, parents and general population until they’re miserable enough and aware enough to act to incarcerate your asses and make the changes necessary.

It’s our own and everyone else’s futures we’re talking about here. Get your fucking minds right about the way things actually are and then join us! It takes someone who’s still wet behind the ears enough to not be hypnotized by the system to point the way forward.

Like this, share it a guzillion times and get ready to march with us. It’s worth putting your X Boxes and game computers away for half a day a couple of times a week.

JR:  If you were  a big banker, one of the few really important ones with the monopoly to create a very large part of the World’s money and had  the process that confers immense power, greater than that of most nations, and that provides virtually immense and guaranteed profits. What would you do?

The first consideration, obviously, would be to keep the racket secret as long as possible and to do everything possible to deflect the claims of anyone that wakes up to it. You have access to virtually unlimited funds to hire some of the best brains in the world to advise you and also to fund chosen institutions. So you generously offer to fund Schools of Economics.  What is more obvious to most people than that you should do that anyway?  Having done so, you are then in a position to influence who are appointed to their Chairs, and to a considerable extent what they teach. Possibly this started when you gained the prestigious London School of Economics, founded and allowed to go bankrupt by Fabian Socialists and taken over by what were then your Big Five banks of Britain.

You have a problem, in that it is not hard to prove that you do create money, therefore you need to obscure what you can’t deny outright. You ensure that texts world-wide are standardised in their approach to this, asserting prominently the apparently reasonable statement that banks are intermediaries between lenders and borrowers. To cover your tracks, you insert a brief note that students are likely to gloss over on what you call the Multiplier Theory, ending with a dismissive statement that banks “could be said” to create money.

Then you had a brilliant idea.  You financed a false version ot the Nobel Prize, confined to Economics only, where the annual prizes are recommended by your own nominees. This gives you a powerful tool to influence a whole discipline of thought.

You were disturbed when two very well-known prestigious citizens, C H Douglas and Frederick Soddy, become world-famous by criticising your actions and even had their ideas discussed in some Universities. However, many politicians can be bought, with money, honours or high-paying jobs in retirement. It is not hard to gain majority shares in world newspapers and later the electronic media. Your advisors sensibly recommended ignoring reformers as long as possible and denying them publicity wherever possible. Any breakthrough was treated with derision. Any reform was decried as “funny money” or “inflationary” and Social Credit in particular was labelled “discredited”.

The Socialist movement looked dangerous some years ago, with many monetary reformers in its ranks. But, with its strong base in the universities, it was not hard to infiltrate it with “properly-trained” economists so that it is no longer a threat to you.

Any reform politicians that look like breaking through should be opposed by all means possible.  What a great job you are doing now on President Trump, just because you fear he might stumble on some of the truth!

However, a fresh wave of discontent is rising and even some rebel in the Bank of England has been “blowing the gaff”.  It is time for a new approach. What is needed is a “new” school of economic thought, designed to obscure the main issues. Give it a nice modern-sounding name and, unlike serious movements, a trendy acronym that that trips off the tongue. Put a cat among the pigeons by pretending that some of the things reformers want already happen. They’ll waste immense amounts of time discussing those. Since you can no longer deny their claims that corporate banks create money, put up a strong case that it doesn’t matter and is, indeed, beneficial to the world. That’s true, but the power that went with it has been used to do harm.

Next, of course, since Social Crediters only want to take away control of the process and the right to create some of the money, while other reformers want to take it away from you completely, I’m sure you will provoke a war of words between them to focus energy on time-wasting argument that splits your opposition.

That’s if you haven’t gained sufficient control of the major nations by then to ensure that you are safe and no reform is possible. Tough luck that TPPA, the tool that would have greatly hastened your schemes, went down the drain.  It must have cost you an immense amount of time and many millions of dollars to promote that.

However, ninety nine percent of the world’s population either don’t care or have been sucked in by your propaganda, so I feel you will not be long in succeeding.

J R

Me:  Nice little piece John. Very accurate as well. You’re even right about the futility of arguing forever and a day about whether you take away all of the money creation process or some of it because the most important thing to do is to continually downsize the percentage and size of the market for necessary NEW finance. And that’s precisely what the abundant dividend, high percentage retail discount and extension of the end point retail policy to the retail product of each and every business model does by thoroughly saturating the economy with monetary Gifting instead of Debt, Loan and For Production ONLY. That integrates apparently opposing economic theories like Keynesianism and Austrian economics by accomplishing what both want, greater demand (Keynes) and price deflation (Austrians).

When in doubt integrate the truths and only the truths of opposites, only their
workabilities and the highest ethical considerations of each. Those are the rules of Integration/Natural Wisdom, and not just because they’re “nice”, but because they reflect the primary realities of cutting edge science like quantum mechanics which if properly understood enables spirituality (provincial or otherwise) to be integrated into science and mathematics…which are wonderful and useful tools but only subsets of the former.