Posted To Mish Shedlock’s Blog In Response to the Question: How and When Does This End?

Like everything else in the physical universe the current crisis will follow the general course of Start, Change and Stop. That could mean crisis (Start) , muddling through (Change) and then catastrophic war destroying untold lives and means of production (Stop).

That’s if we’re stupid, orthodox, unwilling to integrate opposing ideas and relatively unconscious.

It could also be crisis (Start), recognizing that costs inherently exceed individual incomes simultaneously produced and that the Banks’ monopoly on credit creation and the vehicles and purposes by which it is distributed enable them to unnaturally dominate every other business model and nearly everyone in the world’s economies (Change) and then consciously re-balancing and stabilizing it by the policy actions of “a modern debt jubilee”, a universal dividend for one’s entire adult life to insure the dignity of the individual despite the constructive and freeing onslaught of technological innovation and artificial intelligence which will largely eliminate the necessity of employment for a large majority of the populous and a deflationary discount to retail prices that is rebated back to participating merchants so they can be whole on their overheads and margins (Stop….and Re-Start))….and the world and profit making systems are saved via such integrative Wisdom.

wisdomicsblog.com

Grace Is Unity/Wholeness/Oneness

No more fragmentation, distraction, mental scatteredness, lack and loss of control, inability to focus or inability to see entirety.

Grace is Unity/Wholeness/Oneness of thought, focus, understanding and experience.

With Grace It’s All Addition of Awareness, Ability and Increased Affinity, and Nothing of Actual Worth is Ever Lost

Grace includes and transforms everything. There is no downside to it. All emotions are redeemed and purified by Grace. Boredom becomes the loafing that “invites the soul”. Antagonism is the comprehension that there is indeed a rational end to patience with the fool and/or recalcitrant. Anger becomes indignation only at obvious repeated wrong. Fear is the controlled and appropriate comprehension of danger. Grief is appropriate and even intense sadness at loss. The power and strength of the understanding and experience of Grace enables one to experience each of these emotions more deeply and yet rationally and flowingly so that one can still get through them and “come into a new unit of time” and begin to re-experience the present which of course is always rich with perceptions worth perceiving and thoughts worth thinking and experiencing. Grace is ultimate Wisdom. Grace is real. You just have to contemplate it long enough to realize it’s all addition and only subtraction of foolishness, ignorance, self deception or flaw.

New Wisdomics/Gracenomics Policy Idea: The Environmental Balance, Resource Efficiency and Technological and AI Productivity Boost Ethic

This Trinity of concepts and ethical mandates are the wise and integrative answer to a free flowing , prosperous and profitable economic system. They come before and rise above the current primary ethic of profit to a new primary ethic of Grace and planetary and human survival, and yet fully integrate greater likelihood of profitability within them at the same time.

Along with the other macro-economic policies of a universal dividend and a reciprocally gifted deflationary retail discount these philosophical and ethical mandates will enable aligned regulations that are potent and yet gentle, enable profit and yet are far seeing, enable abundance and yet are environmentally wise, release the freeing aspects of technology and AI and finally integrate the interests of all parties involved.

Posted To Ellen Brown’s Forum 07/31/2016

Again great stuff Carl, and I’m four square for broadcasting the facts of our prosperity hidden in the CAFR’s and in economic and financial inefficiencies.

Please keep in mind though that even after such prosperity is effectively distributed, the economy is very complex, and every individual and every enterprise is a free agent in the sense that they can spend or not spend and raise prices as they see fit. Hence we could end up still having harmful cost/price inflation as enterprises see a steady stream of demand is forthcoming.

The secret to finally stabilizing the economy is to implement policies that perfectly reflect a concept of freedom and prosperity while simultaneously integrating the natural but apparently opposing desires of human beings to profit from their activities, having a natural sense of moral and ethical rightness and finally that all economic agents can “buy into”.

As Wisdom/Natural Philosophy is the integrative process itself and Grace-graciousness its highest and most unitary expression, it is the concept we’re all striving for not only in economic and monetary reform, but in all of our thoughts and activities. Also please keep in mind that the classical (and correct) goals of economics are balance, equilibrium and flow and that grace as in flowing gracefully across the dance floor of Life in perfect balance and equilibrium…..are perfectly reflective of each other as well as entirely and underlyingly applicable in all activities of Living. Thus Grace as in Gifting (a continuing abundant citizen’s dividend) and Grace as in reciprocal Gifting (a price deflationary retail discount) are the graciously integrative policies that will stabilize the economy and effect an equally gracious integration of every agent’s interests while also preventing a creeping inflation that will end up eroding individual purchasing power and the profitability of enterprise…and give regressive forces an opening to “restore austerity, sound money and control.”

Now I’ll turn this over to my nationally board certified in English Language Arts wife for proof reading. 🙂

Keep up the good work.

Posted To Mish Shedlock’s Blog 07/31/2016

Give the individual a continuing gift of money over and above what they make in work for pay, let businesses discover their best price and then reduce prices at retail sale by say 30-40% and gift back the enterprises participating in such a policy every cent of their discounts to consumers and….voila! a stably prosperous economy that no idiot financial or economic assessment agency can hide.

You’re all nascent advocates of Wisdomics/Gracenomics.

wisdomicsblog.com

Posted To Steve Keen’s YouTube Channel 07/30/2016

It’s all well and good to realize that a reduction in the rate of debt will result in a recession or worse, but the greater concern must be the policies and economic and monetary philosophy. “A modern debt jubilee” is a good one off action, but not an adequate or ongoing systemic/macroeconomic policy. Monetarily such policies (a citizen’s dividend for instance) will need to be direct to the individual and hence systemically/macro-economically costless. Policy makers will also need to understand that within all of the continuous actions and overlapping of transactions in a complex economy there are still cycles of actions and moments of terminal ending and transformation where policy must be placed so as to make such policies truly macro-economically potent and effective. The primary place and time for this is at retail sale which is both where all costs for every item or service is terminally summed and ended. Thus a general discount to consumer prices at that point (and that after the sale is reciprocally rebated back to participating merchants by a national monetary authority) will have the effect of reducing total systemic costs without injury to any economic agent. It is long past due that we end the domination of individuals and of every other business model by the business model of Finance by integrating monetary Gifting into the Debt based system. wisdomicsblog.com

The Aspects of Grace

Bothness, i.e. Duality., This is also objectivity and scientific thought

Bothness – Andness – Oneness, i.e. Trinity-Unity

Integration-Continuous Integrativeness, i.e. the combination of only truths, workabilities and applicabilities. This is the process of /wisdom itself, and as Grace is a fully conscious continuous state of flow Grace is also continuous integration-integrativeness

Self Awareness Itself, i.e. Full Consciousness

Balance, Equilibrium and Flow

Continuous-ness-Process

Completeness

Wholeness

Directness

Humor

Joy

Space

Nowness

Newness

Imbued-ness-Saturation

Encompassment-Concentric-ism

Interpentrative-ness-Conentric-ism

Lookingness, i.e. Wisdom

Knowingness, i.e. Spirituality

Power Plus Ethics

Ethic-ality-Ethical-ness  –  this may actually be an integrated state above Grace itself, an actual Quadrinity-Unity

 

Posted To Mish Shedlock’s Blog 07/25/2016

An honest assessment of the economy shows that there is a chronic scarcity of individual incomes in ratio to costs, largely because of the costs of depreciation and waste that must be charged into consumer prices on a continuing basis. Hence “helicopter money” is necessary if the economy is to be able to be in equilibrium, and a reduction to prices at retail is necessary if it is to remain free flowing.

Any claim that the economy would become wasteful or mal-investment become a problem is simply non-thinking orthodoxy because if the underwriters of investment banking would do their jobs and not fund 5 nail salons in every strip mall and the credit card companies would not be allowed to entice everyone and their dog’s uncle with “tickler rates” until we had another 2008 event then we’d have an economy that sang grand opera 24/7 on all 20 trillion cylinders.

Or you can refuse to be ignorant of cost accounting, refuse to look at the private monopoly on credit creation and turn an equally blind eye to the fact that AI is going to eliminate aggregate demand 10 times faster than it has ever done so before and make the above policies necessary anyway.

You’re all nascent Social Crediters and advocates of Wisdomics/Gracenomics.

wisdomicsblog.com

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Capital flight is a “paper tiger”. Not only could capital controls be utilized, but with the dividend and discount policies in effect and if the dividend was big enough there wouldn’t be a single producer domestic or international that wouldn’t move heaven and earth to sell theire products in the US. And as I said with a sufficient dividend and deflationary discount re-industrialization could rapidly make us not only nearly completely self sufficient, but also more technologically modern and efficient self sufficiency than any other country as well.

And if anyone wanted to move their production over seas….let the idiots go.