Gold Standard: An Already Tried Non-Solution

A gold standard didn’t work before and won’t work because it doesn’t actually solve the real economic and monetary problem. The real problem is total costs exceed total individual incomes with which to liquidate those costs, and due to innovation and now artificial intelligence total individual incomes are increasingly diminishing because AI is eliminating the need for human input/employment. The gold standard types (libertarians, Austrian economists) are into puritanical austerity when gracious abundance is the solution. Last time I looked grace was associated with abundance not scarcity, and the gracious perspective is that systems were made for man not man for systems. We are reflections of God and our systems should share that reflectivity. Contemplate and live Love and Grace and you’ll never “put a foot wrong.”

The Cosmic Code

The cosmos is a continuously integrating/integrative duet of self and the other that pursued long enough reveals itself to be a trinity-unity-oneness process.

Steve Bannon: Experiences With Harmfulness and Destructiveness of Finance, Psychological Profile and How They May Mean That He Could Be Open To Wisdomics/Social Credit

I heard some facts about Steve Bannon on one of the mass media outlets that to me look very interesting. It seems he lost his finance job in the aftermath of the 2008 monetary/economic crisis. Also, his father who was a tradesman and a democrat also lost most of his pension as a result of same. This is when (why?) Bannon became a spokesman for Breitbart/the alt right and has expressed blatantly anti-financial sentiments. Bannon’s  modus operandi is a reactionary counterfeit harmonic with the state of grace known as flux-force-opposition as opposed to the genuine state of grace which is characterized by stable process/change-wisdom-integration. Flux-force results in change and progress by way of confrontation, confusion and movement…generally toward an agenda of power.  It may be malevolent or it may just be what appears to be workable and good to someone who is smart and observant but not altogether emotionally-psychologically integrated due to negative experiences and so “has an ax to grind.”
This is why I think that every effort should be made to get Bannon to see and understand Social Credit philosophy and policies. His intentions toward finance and his methods may be toward the dark side of “the force”, but if he’s not homicidal (which doesn’t seem to be the case) he could flip over to recognition of grace as a better method and solution. It happened with Paul, why not with Bannon and Trump? Especially if the collateral egoistic benefits would be that they both were recognized as the politicians responsible for such an historic increase in economic stability, abundance and human freedom.

Re: Steve Keen’s Use of the Trinity-Unity-Oneness-Process of The Dialectic As The Power Expression of The Cosmic Code and The Integrative Wholeness of The Cosmic Code Itself

Note: This is a spiritual essay, not a religious one, and yet it has absolutely no intention of impugning anyone’s religious beliefs supernatural, scientific or otherwise.

The Cosmic Code [ (A x B)  <–>  G/C ] is the expression of the trinity-unity-oneness-process of….the cosmos. It includes and encompasses the rational and dualistic process of the scientific method in its integrated duality (A x B). It can be partially consciously perceived through many different filters depending on the subject and discipline under examination. The only way to completely look at it and completely consciously perceive it is to include all three of the factors of the knowledge expression of The Cosmic Code namely:

[ (Science x Philosophy)  <–>  Wisdom/Intuition/Spirituality ] or put another way:

[ (Data x Ideas)  <–>  Conscious Personal Experience ]

As Science has now generally become the mere orthodoxy/religion of Scientism it plods along trying to solve problems and attain enlightenment….with (usually culturally biased) philosophy and the exclusion of Wisdom/Intuition/Spirituality/Conscious Personal Experience.  So Science/Scientism actually breaks the first two laws of good science itself which are to be both philosophically objective and to not exclude relevant existences like consciousness, human love and love in action , i.e. grace. Now a present day scientist might say that there is damned little consciousness, human love and grace extant….and he would be right….unless of course he understood that all behavior is itself an (incomplete/unwhole/fragmented) expression of consciousness, human love and love’s expression in the temporal universe, grace (CLG). In other words every human action is basically a sliding scale continuum of (CLG) monitored by, amongst other factors, inevitable human flaw, an individual’s personal level of mental/emotional integration, cultural/professional biases and their individual level of cultivated ethical sensitivity.

The point again is that the bias and mental filter of mere Science/Scientism misses/leaves out/misinterprets a lot of what exists and is utterly important in Life and Living, that is, the continuous if flawed, incomplete and unconscious expression of love and grace. The Natural Spiritual expression of The Cosmic Code  [ I/L –>  (A x B)  <–>  G/C ]   of course focuses more on the love, unity-oneness and process aspects of the Dialectical trinity.

In a recent video of his Steve Keen explains the economy via the Hegelian dialectic as the tension between forces in society where one aspect of the dialectic is forced to the foreground and its opposite to the background. He even gives token validity to the unity-oneness aspect of the trinitarian aspect of the whole, but it basically gets lost in his (valid yet fragmented) power expression of  The Cosmic Code/Duality Within Trinity-Unity-Oneness-Process. Keen would also (perfectly legitimately) say that he is merely speaking about economics and sociology or even philosophically….which is my point that he’s not going to “go there” that is, to the level of spirituality despite the fact that the entire concept of trinity-unity-oneness-process originates from Wisdom/Intuition/Spirituality and so onto the temporal universe via the concept of a dialectic.

Finally, as history and both its breakthroughs and tragedies can be shown to be:

1 an unfolding expression of The Cosmic Code/Duality Within Trinity

2 the concept and raised consciousness, which is the signature of Wisdom/Spirituality down through the ages and

3  always a solidifying, self actualizing and hence the operant means of making reality more personally and fully real so that one is better able to focus upon and operate with whatever subject has been self actualized….it is incumbent upon us to

4  as quickly as possible open ourselves up to such an integrated/integrative Wisdom/Spirituality in order to more fully understand the entirety of the basic reality of trinity-unity-oneness-process….and so everything….including economics, sociology, philosophy and the whole of science and ourselves….which is just another way of describing The Cosmic Code.

 

Ideas vs Reform

Ideas, particularly paradigmatic ideas, resolve problems. Reforms just push them around….even sometimes pushing them in the wrong direction as we see what occurred to Keynesian reforms.

Responses To A Poster on The Social Credit List

GM:  It is true that Social Credit was never proposed or discussed by the Fathers of the Church, the Doctors of the Church, or even the great Reformation theologians. It may be one way of improving the distribution/sharing of wealth, but not the only way. According to Acts of the Apostles, the earliest Christian community held all goods in common.

Me:  Community ownership of resources may be workable for a period of time and be a temporary local solution to scarcity as well, but they aren’t sustainable against entrenched wealth and power, and most importantly they are not systemic solutions like Social Credit.

GM:  Steve, two points:

As one who speaks often about grace, you should know that Grace is not systemic, but personal, a gift of God.

As far as how sustainable community ownership may be, Mount Athos has been sustaining itself since at least the year 800 A.D.

Me:  That is the merely transcendental definition of grace, yes. However the linguistic and philosophical concept of grace as in abundance, gifting and flow are completely applicable to human affairs and their systems. And I would argue that my concept of Grace as a trinity-unity-oneness-process experience of love in action, coming from and expressed wholly and/or in part in virtually all of mankind’s major wisdom traditions, is a broad spiritual reality that can be self determinedly embraced in whole or in part by naturalists and supernaturalists.

As far as Mt. Athos is concerned my wife, my son and myself boated past the peninsula upon which it is located in 1996 as actual landing there is very strictly regulated by the Orthodox Church, and women in fact are not allowed to set foot on it at all. So the isolation/localization premise still holds, and in fact the reason it is even still existing is because it has a major source of wealth and power that is maintaining it so its actually an inverse example of the premise that such monetary “solutions” cannot survive wealth and power….that is intentionally opposed to its existence.  The point being that the way to get the concept of monetary grace as in gifting actually implemented is to intelligently integrate it into the existing system in the form of aligned policies, and to do so by marketing its economic workability, its political solvency and its ethical ascendency to constituencies whose self interests it also serves. That’s how the church (incompletely) implemented Grace into the Roman Empire after all.

Posted To RWER Blog 02/01/2017

Yes, Soddy’s economic insights are valid, and Douglas’s even deeper insights into the monopolistic paradigms by which the business model of finance dominates all other business models and 90+% of the general populace have been incorrectly characterized and shunted aside. The latter is most often lumped in with the “interest is the entire problem” cranks when the actual problem it exposes is the systemic rate of flow of total costs (of which interest is merely a subset) in ratio to the rate of flow of total individual incomes. It is important to recognize the difference, and also to understand that Douglas was not a general equilibrium theorist nor an advocate of austerity, and that his recognition that the monopolistic paradigms of finance were the real and deepest economic problem was way ahead of his contemporary Keynes and even of current leading edge heterodox economists who still have not come up with policies that would break up that monopoly and reverse the above problematic ratio.

The Laws of Wisdom-Integration: Compromise Of and Between Ideologies, Yes, But Only Integration Of Their Truths, Workabilities and Their Highest Ethical Intentions, Not Of Their Untruths, etc.

This is a law of Wisdom-Integration and it leads to true progress for all. Political compromise on the other hand almost always ends up re-inforcing only obsessive contention and the continued dominance of powers perceived or unperceived; and political power, even if it results in breaking up unhealthy deadlock and some forms of change that may appear important will inevitably end up in a reactionary situation unless the laws of Wisdom-Integration are adhered to. The genuine thirdness of the laws of Wisdom-Integration apply at all times, to all parties and all situations.

Even in times of war the sanity of Wisdom-Integration apply as in:

[ (Attack x Counter Attack)    Stop Attacking ]

When in doubt….integrate.

Financial Monopoly, Duality and Trinity and Both Structural Reform and Paradigmatic Transformation

We currently have a virtual private monopoly on credit creation and absolute systemic monetary paradigmatic monopolies of Loan, Debt and For production only.  In other words one can get money for consumption, but it can be only in the form of Debt, i.e. a loan. This despite an inherent systemic scarcity of total individual income and the increasingly disruptive erosion of same by innovation and artificial intelligence. Likewise, individual enterprise, even within a system that is inherently income scarce in ratio to costs and despite ever increasing additional depreciation costs of fixed capital, cannot receive any help to rectify these systemic realities….except to borrow new money or become further indebted via a bond, both of which increase their costs….when again systemic costs exceed individual incomes making the system monetarily unstable and every enterprise to exist within that unnecessary monetary austerity. Is it any wonder why 80% of businesses fail within the first three years?

Private financial monopoly requires the establishment of financial structural duality probably best accomplished with the creation of a public/state banking system to insure true competition and cost efficiency. The monetary system requires an encompassing trinitarian structure of private banks, public banks and an ultimate funding monetary authority whose philosophy is based on the concept of grace as in flow and grace as in gifting and which creates all new monies as well as regulates dual policies of an abundant universal dividend and a reciprocally gifted retail discount that positively effects price deflation within a profit making system.

These paradigmatic changes would transform the austere and unstable character of the entire system, break up the private financial monopoly, free and empower the individual, free businesses from the monetarily austere, hamstrung system and instantaneously accomplish more of the agendas of both the left and right than both these half brained political institutions have brought us in the last 100 years of their continual and short sighted obsessive contention.