As a one off and half assed event a jubilee could be fine with Finance. That’s what you’re seeing. Control is always more important than profit to them. Wait until you start awakening to, as you must, the necessity of breaking up their monopoly control of the creation of money (and even more importantly their claim to ownership of the credit they create) with actual continuing policy like a universal dividend and retail discount. Then is when they will denounce, slander and revile you.

Get Trump or whomever to implement Social Credit monetary policies and create the tri-level banking system recently posted here and all of the “skull and bones” debasement as well as the fractious, normally repressed and irrational racism, sexism, misogyny, fascism and socialism will go back in the closet of the mind….and we’ll actually have a system that serves us instead of one that we must slavishly serve.

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Liberals are deluded if they think they can run against the sentiment for actual change, and win. The thing to do is “get ahead of the curve” of that change with policies and structures that accomplish more of the rational, ethical and economically valid agendas of both the left and right….than either of their shallow and monopoly approved financial policies have given us….in almost a century of gridlock.

Me:  The answer to high college tuition and advanced education is inheritance and freedom via monetary Gifting….not re-distribution of already scarce income. Every US citizen is the heir to our cultural history of tremendous productive capacity handed down to us by our ancestors. This heritage is currently stolen from us by the creators and alleged owners of credit the private banks and the system they have hypnotized everyone with over the years. As the economy becomes more capital intensive and less labor intensive the costs of maintaining such a system become monetarily impossible and absurd. The only valid economic way this problem can be resolved is a universal and equal distribution of money IN ADDITION TO WHATEVER ONE MAKES VIA WORK FOR PAY. And as businesses will almost inevitably raise their prices as they see such new demand becoming available implementing a discount to prices by retail merchants of whatever product AFTER THEY HAVE DETERMINED THEIR BEST, COMPETITIVE PRICE, eliminates any inflation and can actually be utilized to create price deflation, AS EVERY CENT OF THOSE DISCOUNTS UNDER SUCH A PROGRAM WOULD BE REBATED BACK TO THOSE MERCHANTS SO THEY COULD BE WHOLE ON THEIR MARGINS AND OVERHEADS. Such inheritance and Gifting policies fit seamlessly within profit making systems and in fact enable modern high tech profit making economies to survive the increasingly trapped and impossible situation they find themselves in and that will inevitably result in either a vulgar fascism or socialism.

Please try to think about these matters, so that you don’t unconsciously bring about the historical political vices mentioned above. If you want profit making systems to survive and thrive you will recognize that monetary Distributism is the modern and logical answer.

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Me:  There is a continual and increasing scarcity of individual incomes being produced in ratio to costs/prices. Thus monetary Gifting is the only solution. Free your mind from outmoded monetary thinking and pay attention to people like Steve Keen, Ellen Brown and especially myself who has integrated money systems and economic theory under the concept that even Keen and Brown still have a relatively murky and unconscious notion of. My book “Wisdomics/Gracenomics: The New Economic and Monetary Theory For Modern Economies will soon be available.

wisdomicsblog.com

Mish:  Wants are indeed endless.
And the more you give away for free the less productive capacity there is.
Mish

Me:  In THEORY they are, in reality they AREN’T….except in the unbalanced.

As for productive capacity we already have way more than sufficient productive capacity to have the distributed income levels I posted about. And besides I’m not talking bout giving production away…only making it POSSIBLE to pay for what actually is produced.

Distributism is a monetary profit making system and theory that is not capitalism or socialism, but rather the best possible and most ethical integration of the best aspects/intentions of both.

wootendn:  “…monetary Gifting…”

Whatever the source of the ‘monetary gifting’, handing (or loaning) people money to buy something enables the sellers of that something to raise prices and salaries. That is precisely what has happened with college textbook and tuition prices over the past 40 years with Pell grants and student loans. Textbook prices, tuition prices, etc. have continually gone up faster than the CPI. Take away the Pell grants, student loans and other ‘monetary gifting’ and prices will drop.

Me:  You apparently didn’t read my policy of a rebated discount provided by retail merchants, or perhaps did not comprehend its workability and elimination of inflation.

Tony Bennet:  “Thus monetary Gifting is the only solution.”

You still haven’t stated source of $$s.

If you are printing, everyone will dump currency.

If you are taxing, owners of capital will flee.

Then what?

Me:  The source is a sovereign national agency whose mandated policies fill the gap between total individual incomes and total costs/prices thus making economic equilibrium a reality it cannot possibly be at present, and whose combined policies are the very definition and enactment of equilibrium, individual freedom and systemic free flowingness. A = A. Freedom and free flowingness is freedom and free flowingness.

Tony Bennet: 

Tax?

Printing?

One word.

One word only.

Me:  Costless Distribution….that fills the gap between incomes and costs/prices simultaneously produced. You can see it if you look at it…instead of refusing to look.

Crysangle:  To distribute something there has to be something to distribute. So I think you are talking redistribution instead, unless you are the generous type who has a warehouse full of wealth. Save us the trouble and just note down the address… you needn’t lock the door, the distribution process will happen effortlessly. Thank you, and I hope your idea works out for us all.

Signed,
People.

Me:  No, I’m talking direct distribution to the individual of a monthly dividend payment created ex nihilo by a federal agency with such specific mandated policies. Same with the discount policy. Thats money to purchase production, not production as a gift. Anyone who thinks we couldn’t match production to the increased income isn’t looking at things very closely or honestly.

There IS A SCARCITY OF INDIVIDUAL INCOMES, NOT PRODUCTICE CAPABILITY. The discount mechanism eliminates inflation and can even be used to create the holy (but without the discount unachievable) goal of price deflation in a profit making system. These policies are the salvation of profit making systems in high tech modern economies. You just have to look past a lot of your conditioning and prior false doctrines….that’s all.

part time nation: got news for u playa the vast majority of jobs created today (outside of the massive ever increasing public sector) is less than 20 hrs per week

Me:  Precisely, and that situation is only going to get worse, we just have to embrace it and then make the economy functional…..by Gifting a monthly payment of money to individuals and by a discount to retail prices so profit making systems can survive the onslaught of technological innovation and AI. Think about it.

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Me:  Cruz and Rubio make me want to throw up. Hilary makes me want to throw up too. Bernie doesn’t make me want to throw up it’s just that he’s not electable and even if he was he’d never get anything accomplished as president nyway. Trump gives me pause until I realize that if he tried to do anything unconstitutional he would be impeached, but he doesn’t make me want to throw up. Politics is poor theater, but at least Trump has a sliver of pragmatism and authenticity, and if presented with a sane and workable monetary solution might go for it. No one else has the smarts, the ability to thing outside of the box or the balls to do that.

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Me: Cruz is an incredible religious opportunist and fanatic, and he couldn’t possibly think an unorthodox religious, economic or monetary thought. Believe me I know the type. That plus Hilary would beat him like an unwanted step child. He’s a loser even more than Romney was, especially if he gets the nomination by robbing Trump who is much more deserving and at least entertained.

Old Guy: Tony do not waste your time with chdwr he has trolled his wisdom here for years and always changes his name because most of us know his wisdom is crock. Welfare is already in place chdwr just wants to never work a day in his life and get it all without putting forth any effort at all and we are all the same.

What he forget and has always forgot is people will never be equal in his utopia. But he think handing out freebies to all will solve everything.

Me:  Yes Tony don’t bother to think a new thought after all circumstances never change and we are after all living in the best possible circumstances possible. Never mind that the monopoly business model of finance dominates every other business model and nearly every individual in the economy, after all it means nothing that such a glaring monopolistic inconsistency like that exists in what is an alleged free market economy. Monopoly ideas/paradigms like loan only don’t matter as the economy becomes increasingly capital intensive and labor becomes less and less of a factor in production. No flaw in economic theory there, just move along, nothing to see and ignore the financier pulling all the levers behind the curtain. Soldier on with Old Guy’s HABITUALLY ORTHODOX, ESTABLISHMENT, NON-LOOKING, NON-EMPIRICAL OPINIONS. The fact that long economic downturns rhyme with wars means nothing to you, your family, your grand children or the rest of humanity and civilization, especially since in the next war no one’s life or productive capacity is safe. Yeah, I’m just an idiot utopian who wants to free individuals to BOTH work AND have at least a middle class level of income, who wants to save profit making systems from the collapse and likely vulgar fascism or socialism that a dominating Financial paradigm obviously and inevitably are taking us.

Me:  You guys are all for change when it comes to politics, but all for orthodox sameness so far as economic ideas are concerned. Politics without a genuinely new idea (not just a false reactionary lurch in the “opposite” direction) little to nothing will change even if Trump wins. You change the world with NEW ideas, INTEGRATIVE ideas (like work AND leisure, like Debt AND Gifting, like freedom AND service to the nation, like aligning philosophy AND policy instead of having only work as an ethic when technology and AI are trying to enable us to have a lot more leisure and also work) Try thinking a new thought instead of just the same old reactionary, orthodox, habitual and actually UNthinking regurgitation of old ideas.

Trump (and Sanders as well) are the inevitable result of obsessively contending orthodoxies neither of which offers actual solutions, but merely being pulled “three ways from the middle”. The economy is no longer functional and the prescriptions of orthodox economists and the disgusting ignorance and imagination of politicians will be of no avail. Here is a letter a Wallace K wrote to a politician in Canada that hits the nail right on the head:

Dear Tom,

Most assuredly, you do not have my support. The rational purpose of economics is not to create work but to create goods and services while rapidly eliminating labour as a cost factor of production through increasing efficiency. From this standpoint the only “good job” is a “dead job.” I mean to be just that blunt. Any nation that needs ninety-five per cent of its available work force to produce the needs, and wants, of its people must be functioning at stone-age efficiency. If a nation were to reach a position of requiring only ten per cent of its existing available work force, i.e., to reach a ninety per cent “unemployment” rate, it could, and should, then be enormously grateful for such a tremendous blessing—being so removed from the fear of scarcity.

Where do politicians derive the arrogant and errant notion or assumption that they are ordained to create work for their fellow humans so as to render society into a de-cultured human ant heap—a dispirited and disinherited charnel house? It derives from the Puritanical doctrine of Salvation through Works—the precise opposite of the Christian doctrine of Salvation through Grace. And whether or not one shares a belief in that particular religion It is the destructive policy that follows from the poisonous philosophy emanating from the Citadel of Finance—that agent of Mammon manifest by the international banking cartel clutching mankind by its strangling tentacles which encircle the earth in its death grip. And so we witness the fledgling “populist” NDP Government in the Province of Alberta seeking financial guidance from a former Governor of the Bank of Canada! It is, of course, well known that any significant Left revolution has almost always been facilitated by the assistance of International Finance.

Measures like “unemployment insurance” are just pathetic crumbs offered to the people, acting as a safety valve to dampen the likelihood of any popular uprising against the debt-imposed tyranny that has been foisted upon humanity by the enforcers of Puritanism through the instrumentation of fraudulent accounting and legerdemain.

My recent words to another correspondent: “So let’s fix it. Tell the politicians that the gig is up. We understand the fraud committed upon us by the age-old institutional system of legalized counterfeiting and its resultant grand larceny. The Banking System has appropriated the communal capital by means of its claim to ownership of the credit it creates to monetize the community’s wealth. We want it back in the form of falling prices, expanding incomes independent of any earned–and increasing leisure. Give it to us or we will do our utmost to ensure that you will not be occupying a seat in Parliament after the next elections.”

Sincerely
Wallace K

Every human being is self aware to one degree or another. It’s the nature of the species. The degree to which they are consciously self aware varies depending on many different factors including level of integrated personal experiences, personal gift, habit, degree of distraction, misunderstanding/opinion about the experience itself, choice of mode of thought and of course happenstance/luck. There is much confusion and misunderstanding  about, and even bias against the experience as well. Self awareness is most essentially your awareness of consciousness itself. It is not ego or any other compiled, constructed, attained, maintained or synthetic product of one’s mental world. There is a stripped bareness quality to consciousness described by the zen expression of a mirror where not even the breath is condensed upon it. The experience of Grace is often described as “the incredibly powerful and humbling experience of God’s Grace falling upon one. I am not here to validate or invalidate anyone’s experience or beliefs. I would however like to point out that we are all made in the image of God and so the spark of the divine is necessarily within each of us as human beings, and thus the experience itself is logically valid. I am simply saying that it is a very, very  self empowering and beneficial experience….and that it is an experience anyone can and should be aware of for those reasons alone.

I also write this entry is to illustrate the sameness of self awareness/consciousness and the experience of Grace, and to point out that it is not necessarily to be equated to the intelligent, the accomplished, the reverent, the orthodox or anything else. It simply is, and anyone can experience it, and when they do it is generally a life changing experience. There are also degrees of intensity of the experience of Grace, Self awareness, Consciousness as well as levels of integration of the aspects of the experience within oneself.

Furthermore, as three of the major aspects of both the definition and experience of Grace and the classical and correct goals of economics are balance, equilibrium and flow, a higher consciousness of this fact is supremely logically important. After all A = A denotes logical alignment so the applicability of Grace is logically relevant to the study of economics.  Now this does not mean that we are to think that modern economies naturally tend toward equilibrium…they in fact do not;  what it does mean is we need to look for and discover the deepest, most fundamental reason(s) why the economy is not in equilibrium….and then craft policies that will result in the greater stability and freedom that economic balance, equilibrium and flow would insure.

Likewise the hallmark of increased consciousness is mental clarity, focus and integrated understanding of whatever personal and/or temporal issue is at hand. That in fact is an excellent description and definition of Wisdom at its pinnacle expression and ability. Again, as logic is expressed in the syllogism A = A, so the experience of Grace, Self Awareness, Consciousness and the pinnacle of Wisdom are all essentially the same thing. 

Often, the truth is that the degree to which one is unaware of the characteristics of Grace, Self Awareness and Consciousness and the benefits of same, the less self aware/conscious one actually is, and so one could be extremely erudite, accomplished, etc. and still be missing this essential experience. The sad truth is that the combination of modern distraction and all too often a modern bias against what is seen as a religious pursuit works against the mental focus and discipline often required for these experiences, as well as against a general interest in them at all. The biblical quote appears to apply to our modern world: “Thinking themselves wise, they become fools.”

In other words those costs must still be paid for by businesses….by continually including them in their prices….otherwise that business is headed for destroyed/obsolescent productive capability without the ability to replace them without incurring even more costs….and so most likely bankruptcy.

And of course the individual must pay for these additional costs as well…despite there currently being no systemically costless monetary way of increasing his income in order to be able to liquidate those costs/prices and thus enabling the system to approach an equilibrium….or a higher disequilibrium where total individual incomes would exceed costs/prices and thus the individual and the economy would tend toward increasing freedom/free flowingness.

The best economists now embrace complexity, or attempt to and fail to make sense out of it, rather than look at the empirical monetary data found in the three and four dimensional cost accounting statistics that every business compiles, recognizing the disequilibrated economic relationships and conditions there and crafting policies to correct it or even reverse its trends toward more freedom and free flowingness. Recently some economists have waded through the bulk of this complexity and come to the same conclusion as C. H. Douglas came to by empirical examination of the data, namely disequilibrium. As Grace is achievable by both the clarity of an intense and focused experience of conscious awareness of self in the midst of the constant flux of possible thoughts and experiences in the moment, and also the clarity achieved by observation, integration and cognition of truth, either of the subjective or objective routes to such clarity is possible. The one (subjective) is generally the much faster route to cognition as it is less ponderous and cautious but again, either way can be the route to the same insight.

However, the true test of economists and economic theories is the policy recommendations they make  as a result of their conclusions which generally monitors their view of themselves and others as well as their personal sense of ethics. And that is where an awareness of Grace as in graciousness becomes so very important.