Rational and necessary governmental spending for needed infrastructure etc. is a crying need, no doubt about that. However, in modern economies mere fiscal stimulation is inadequate policy. We need to make the transformation from the fetish of employment to a truly fertile and freeing society of constructive purpose including work for pay if it is desired and available.

Also, MMT is reality, but so is human action. Monetary policy must have both a costless way of increasing individual incomes (a universal dividend) and a means of not only preventing inflation, but creating retail price deflation (a 40-50% rebated discount at retail sale). These two mechanisms are the anatomy and component parts of a stable macro-economy. Without both of these as policy, businesses will inflate their prices, if not immediately then very shortly afterwards…. because they see additional demand is present….simply because they can, and because there is no gracious yet effective policy to counter that natural trend in a profit making economy. So, if such policy is not implemented incomes and profits will erode and the regressive forces in society will be able to (correctly, but deceptively) say: “See, I told you all along that printing money was going to be inflationary.”

So let’s avoid that by having both fiscal stimulation and smart and completely real monetary policies for modern technologically advanced AI economies.

Contemplate Grace. Study it, learn it, make it real and apply it. It’s the route to a happy and purposeful life and a world so far superior to the present blind, distracted, confused and enslaving mess that is hurdling toward unnecessary pain, suffering and death.

Wake up! Grace is love in action and the conscious potential every human possesses….simply by being human. Claim your place in the world enlightened by Grace which is loving action!

Everyone needs to act in some constructive and effective way to bring about the monetary and economic transformation necessary to avoid a disaster of likely global proportion. If you don’t do something actual, and keep on doing it,  you are a part of the apathy, distraction, moral failure and unconsciousness of history that the established order counts on to remain in their dominant positions of power. It’s either be a part of a constructive solution, or be someone who just couldn’t manage to stand up on their hind legs and build a decent and freeing world…..for their children, grand children or even themselves.

Get up off your ass and fight for what is right, for what is wise and for what is loving or I guarantee you….you and yours are in for a lotta fucking unnecessary pain and suffering.

Moral and ethical determination and reasoned Love in action are the graceful and powerful forces we must all press the start button on…and never log off or shut down. Likely everything you hold dear depends on it. Just keep thinkin’ about it.

Once you understand certain givens in economics like the necessity to utilize calculus the formulas themselves become an impediment to nearly everyone except the mathematicians. Philosophy and language then become much more effective in communicating the real problems and the need for change. Of course you always have the problems of orthodoxy and self interested agendas that inhibit awareness of the need for change.

Wisdom is the process of integration. New and better ideas result from the complete integration of seemingly opposing ones. The Cosmic Code is the basic formula for the process of integration and thus for Wisdom which is the generally agreed upon best and most competent guide for thinking and acting. The Cosmic Code continually applied to one’s Self and/or to commercial and economic policy eventually results in the pinnacle concept/experience of Wisdom which is Grace, and Grace is  the highest individual competency and pragmatism,  the highest ethical way of thinking and acting and the most individually and systemically potent and powerful policy….all at the same time!!! 

Monetary Gifting is the New economic and monetary paradigm to be integrated into modern economies. Paradigm changes are always thought of and characterized as absurdities….before they become absolute and unquestionable certainties.  Use hunting and gathering to agriculture and the Copernican helio-centric reversal as examples.

Examples of aspects of the concept of Grace that underlie several of the leading theories and reform movements. Mention that I was the person originally and primarily responsible for their becoming aware of the necessity of monetary Grace

If Wisdom is the ultimate integration of competence and ethical sensitivity, how can Grace, which is the pinnacle of Wisdom as variously described by everyone of the word’s major Wisdom traditions, be anything but the best if not perfect guide to both personal self development and temporal systemic policy?

And if Grace is your ultimate value and the intent of your God, how can one not be for its application in every way to human affairs?

In the last analysis cynicism is irrelevant as it is just a substitute for apathy and/or lack of moral and ethical fortitude.                                                    Steve Hummel                   04/19/2016

Private finance has been a problematic business model for over 5000 years. Why we are allowing it to still call the shots is testimony to their money power, but probably even more to the hypnotic effects of habitual orthodoxy.

Their strategy is undoubtedly to manage the mess we call economies as best they can by making it as slow a slo-mo train wreck as they possibly can and hence making us all boiled frogs in the process. This however is a failure waiting to happen, and they know this. They will risk war, probably thinking they can manage it, but that is hubris as well. All leading edge theorists and reformers need to ally themselves with each other and decide to end the rule of Finance with the only economically valid way to drive a stake through the heart of private finance by integrating direct monetary Gifting into the debt based money system and making sure that the banking structure is firmly and ethically guided by the root concept that is missing from the current system, namely Grace in its many aspects. You fight an idea/paradigm by conceiving a new one that remedies the basic problem. Nothing religious or “airy-fairy’ about any of this. Just the logic, hard headed relevant competence and ethically resonant power of the deepest and most powerful concept in the cosmos Grace-Consciousness itself.

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JD,

Of course Finance will use whatever powers and strategies it can to remain dominant…including distraction from the actual and total solution to the problem.

Private finance is the key STRUCTURAL problem because it operates in its own interest. It must be replaced by a Banking structure that operates truly in the public interest. The conceptual/paradigmatic monetary problem of loan and debt only is deeper and must come first as loans even at 0% interest will not remedy the problem that the economy routinely creates more costs/prices than it does individual incomes. By all means let us have a Banking structure that operates truly in the interests of the individual, AND ALSO Gifting via policies implemented at the proper place and time so we can have an actual and complete solution.

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I understand that JD. All I am saying is that both the structural and the conceptual aspects of the problem MUST be included and combined…or the problem will not be actually solved. Finance will pick people off in compromise by accusing them of being rigid and doctrinaire unless they understand this. It’s not doctrinaire to insist that an entire package of reform is necessary….if the reforms won’t work at all…..without the entire package.

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Thanks Liam. Yes there are many ways to be fooled because there is particle of truth and untruth in most theories, but the only comprehensive truth is Grace which is synonymous with the experience of consciousness itself. Wisdom is the process of combining and refining of truths whose pinnacle concept and personal experience is Grace/Full Consciousness. Contemplate, self actualize and apply Grace personally and systemically…and you can’t go wrong.

Free trade may be good for certain corporations, but its not good for millions of individuals. Plain and simple that means it DOESN’T work. Now it could work if you implemented a universal dividend and a price deflationary discount to retail prices. In fact if every nation did that they could each industrialize or re-industrialize and then free trade would be much more easily, humanely and ethically accomplished. Of course if you insist upon relating to free trade and every other economic issue from an orthodoxy that closes your mind to this….then you and everyone else…..will just have to suffer unnecessarily. How rational is that?

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If, in the normal and completely unfettered operation of the economic system, there was enough individual incomes created and distributed to liquidate total costs and so total prices Gifting would not be necessary. Unfortunately this is not the moment to moment economic reality and so Gifting directly to the individual and a policy of a deflationary retail discount placed at the terminal end of the economic/productive process for any item or service where it hence cannot harm any economic agent, is necessary for a stable equilibrium to be possible.