It’s Not Just That The Banks Dominate

It’s HOW they dominate that is the real question. And then of course, how do you terminally end that dominance?

So if the Banks saturate the economy with Debt, how do you saturate it with something that balances, stabilizes and frees it from the oppressiveness of Debt?

That’s what Wisdomics-Gracenomics does.

Job Guarantee vs Wisdomics-Gracenomics

A job guarantee alone is old paradigm thinking, and would enable the continued dominance of the business model of Finance.  The new paradigm of Monetary Gifting on the other hand would end the dominance Finance, and you could still have a job guarantee within that new paradigm…for anyone having trouble finding purpose without a job.

Also, changing the concept of a full time job to 20 hrs./week, a relatively abundant universal dividend for everyone 18 and older and 20 hrs/week of self chosen constructive purpose would immediately create full employment and help everyone more gracefully, graciously and abundantly adapt to the new paradigm.

When in doubt Integrate….and keep on integrating!

Thank you. 🙂

The Essence…

…of both the goal of economics and self aware consciousness is a continuing point in time. The one is the point where production profitably becomes consumption for each and every enterprise, the other is now and now and now.

[ (Excess Costs x Time)  <–>  Monetary Grace as in Gifting = Profit ]  and

[ (Space x Time)  <–> Flow of Self Awareness = The experience of grace ]

And this is why Wisdomics-Gracenomics brings consciousness to and is the solution to economics.

Personal Quote

Economists not only don’t have a clear enough idea of what the problem is with the economy, they also don’t have a clue about how to implement the solution either.

c copyright 06/06/2017

Steve Hummel

Wisdom is…

…discerning inner and outer truth at the same time….and then graciously dealing with/resolving whatever the problem is one is confronting…..with those discerned truths….that will resolve it.

You Have To…

…crawl inside of the solution in order to get to both the kernel of the solution and each of its aspects, and then you take them and find the places and the times where implementing the solution….will make it actually effective.

And that is what both Wisdomics-Gracenomics and The Cosmic Code do.

Always Use…

….Wisdom which is the integration of only the highest truths, workabilities, applicabilities and ethical considerations  from apparently opposing ideas, theories, systemic conditions.

Then take the idea behind the structure, because that is the starting point of the solution and craft the policies that align with the idea(s) and voila!….a conscious action-solution!

The Problem Is…

…the idea of Debt only.  That is, the idea that we can only utilize Debt to finance. And then, how do you intelligently and rationally utilize something else to finance besides Debt, so that both the individual and enterprise are freed….and the business model that currently enforces the Debt only paradigm no longer unethically dominates.

The answer is so simple and elegant that when one sees it and understands how, when and where it is implemented most people wonder how economists could not see the solution before. And the reason for this is that this is the nature of paradigm change which is a deep and basic insight into the resolution to a problem that everyone is afflicted by and so that insight causes an instantaneous and mass de-hypnotization. It is a mass problem solving, a mass awakening to a new solution.

Wisdomics-Gracenomics is worthy of a Nobel Prize, but it only frees us from unnecessary austerity and pre-occupation with an activity that prevents us from having a more full and fulfilling life, that is, Wisdom-Self Awareness itself. And that is why The Cosmic Code is so important, because it is both the identification of the Cosmos’ most basic structural reality, and the model for obtaining and maintaining Wisdom as well.

Everything in Life is a two edged sword, a choice, so we must learn to choose wisely and consciously by seeing twoness and threeness-oneness.

Back Of The Envelope, Occam’s Razor Version Of Wisdomics-Gracenomics

Governments are not budget constrained like households are.

The costing/pricing and money systems are digital in nature, that is $100 in debt, costs and/or prices is cancelled by $100 in money.

Every point of sale in an economy is a summation of costs and prices and also a stopping/ending point where production becomes consumption, and so each of these points in time is the ideal place and time for a monetary authority to implement the specific digital monetary and economic policies of Wisdomics-Gracenomics. 

The discount at the business model of retail is where Social Credit theory ended and was no longer examined by its advocates until several years ago when I extended the concept to the “retail product” of every business model and so to virtually all enterprises thus not only extending its likely acceptance as a beneficial policy by its complete inclusiveness, but also as a means of thoroughly saturating the economy with the new and necessary paradigm of  monetary grace as in Gifting, and finally ending the dominance of the monopolistic paradigms of Debt, Loan and for enterprise For Production Only. This insight and policy extension also enables the true and thorough integration of cutting edge macro-economic theory with the micro-economy which even the best macro-economists have either decided is unnecessary or impossible.

This insight was made possible by my realization that the process of Wisdom itself is the integration of the truths in opposites, and that the full and yet most basic reality of the cosmos is an integrated duality-opposites within an integrative trinity-unity-oneness-process-flow.

In other words I realized that the economy no matter how complex was an integrated-integrative whole where the stopping points throughout its entire process are the ideal places and times to implement a new monetary and economic paradigm and its policies and thus transforming its austerity, chronic balkiness and occasional collapse into relative abundance for all agents and free flowingness to the entire system.

The costs of fixed capital, especially in technologically advanced capital intensive economies are a flow of additional costs over and above the costs of finance and so the rate of flow of total costs will always exceed the rate of flow of total individual incomes, even ideally available to liquidate such costs…which never happens…and this means that in order for an economy to be in a state of free flow (not a static/statistical, momentary equilibrium) the rate of flow of total individual incomes must exceed the rate of flow of total costs/prices….and so a relatively abundant universal dividend  and a relatively high discount percentage to every selling price-point is necessary if the classical goal of economic free flow is to be possible in advanced economies. 

Note: a 30% discount and an additional 10% if the enterprise does not raise its prices just in an attempt to make more profit and yet tend to de-stabilize the system, and also submits to a rigorous examination of their accounting to make sure they are not doing such. And if they fail to abide by the ethical rules of the system and/or examiners find accounting fraud the enterprise loses its discount privileges….and anyone participating in the fraudulent accounting is subject to first class felony fraud..

The new and primary monetary and economic paradigm is Monetary Grace as in Gifting which replaces the old primary paradigms of Debt, Loan and (for enterprise) For Production Only, and the new primary paradigm must be thoroughly integrated into the debt based money and costing/pricing system.

Wisdomics-Gracenomics is the actual and true neo-classical synthesis which DSGE (Dynamic Stochastic General Equilibrium) theory never actually accomplished, because it was merely a justification for advanced Finance Capitalism and its monopolistic paradigms as per above.

There will of course be regulation necessary, primarily structural and speculative in nature regarding finance, right along with the transformative effects of the new monetary and economic paradigm of Monetary Gifting, but all other major parts of the economy will need to adjust to the new paradigm….NOT the other way around. This is the history, the correct history of all paradigm changes and ethically beneficial human progress. Finance’s dominance of the economy and the nation must never rise again. The business model of finance itself has legitimate uses and purposes and will thrive right along with every other business model…but, again, it will take its proper and smaller place ALONG SIDE every other business model NOT above it so as to dominate and manipulate.

MMT and Keen’s Minsky Financial Instability/Disequilibrium Theories

MMT is correct about the mechanics of money and the fact that governments who create their own currency are not budget constrained like households are, and so is a smallish intellectual step in the direction of abundance and the new paradigm of monetary Gifting. However, it still has the stench of Marxian orthodoxy regarding employment, via a rigid policy of a job guarantee and its active rejection of the concept of a universal dividend.  It also is still afflicted by old paradigm thinking regarding the need for indirect financing via re-distributive taxation instead of direct distribution for financing government. It also is apparently unconscious of Finance’s monopoly paradigms of Debt and Loan ONLY which is surprising because of Marx’s correct indication that Finance capitalism/Imperialism was the problem. These orthodox hang overs are simply indications of how embedded old paradigm thinking is and how difficult the process is of integrating truths in apparently opposing theories.

Steve Keen’s Minsky Financial Instability/Disequilibrium theories are also incomplete and only partially aware of the new paradigm of monetary Grace as in Gifting, and both MMT and Keen’s theories lack a new and thorough integration with micro-foundations which is consistent with the concept of grace, one of the aspects of which is integrated bothness-duality itself.

In order to completely perceive and understand a new paradigm one needs to step thoroughly “through the looking glass” and dwell in that new paradigm, otherwise its realities are not actualized, dissonance and/or old paradigm thinking remains and the thirdness-oneness of true integration escapes one.