[ ( Individual Monetary Entropy  X  Individual Monetary Non-entropy)  X  Higher Non-entropy of Increasing Grace/Freedom ]

[ (Debt  X  Monetary Gifting)  X  Grace as in reversal of descending entropic vector toward ethically ascendant greater individual economic freedom and systemic free flowingness ]

The Economy is inherently in a state of harmful, enslaving monetary disequilibrium. Its vector must be reversed toward a higher disequilibrium ratio characterized by total individual incomes exceeding total costs/prices and hence toward a more freeing and ethical system.

Freedom is a continuous state of both personal and/or systemic free flowingness and thus is a verb, a process above and ascending from the mere duality of  freedom versus entrapment. So should its personal philosophy and systemic policies be ascendant.

Mankind loves rules and being right and correct, and this is all well and good….so long as it doesn’t harden into smallish, austere and obsessively judgmental  concern to be right in one’s own mind. This applies as much to scientific orthodoxies as it does religious ones. Grace is flowing. It is not being “hung up” on rules, but neither is it some blithe, shallow and facile attitude toward  morals and ethics. Thus it is simultaneously depth of thinking and the ability to resist the vice of obsessive seriousness. It is this “dualistic yet integrated bothness” aspect of Wisdom that enables the thirdness-oneness aspect of Grace to become reality.

The most prevalent category of humor is known as “the reversal” that is a release of laughter as a result of the comparison of the obvious and the absurd or the true and the untrue as in satire. These are the dualistic yet momentarily integrated bothness aspect  of Wisdom, and are universally understood as a healthy experience and personal characteristic. Integrating Loving and laughing and knowing when to employ both or either is a human art, and being a flow, a process, leads to the pinnacle thirdness-oneness experience of Grace.

Please Ellen, you are free to use and speak about this plan, but if you would please cite me I would appreciate it.

My thinking is fully aligned with Social Credit philosophy and policy and I give C. H. Douglas his full due, its just that I show how the linguistic and psychological concept of Grace in all of its aspects is relevant to economic and monetary theory. I have also shown in my Wisdomics/Gracenomics posts and soon to be book that the concept of Grace is the not fully conscious thread that binds all of the leading theorists and reformers and their policies together. I think I deserve credit for that thinking, that cognition and the policies that would logically follow from it.

**********************************************************

Public Banking makes so much economic sense as in efficiency that, so long as private banking is still allowed, even if basically neutered as I see its only role, IMO opinion is guilty of either being bought or being woefully ignorant. David Graeber has enumerated how banking as a business model has been corrupt, destabilizing and domineering for the last 5000 years. Who in their right mind would suggest that we leave it in control of the money system and the economy??? Now Public Banking requires regulation as well, but with a sovereign entity having the final say about its creation and distribution, that has mandated policies that set the individual free, that create and are the definition of an economic equilibrium and that align with the concept of grace as in benevolent sovereignty….what’s to worry about except eternal vigilance which regardless is a part of an honest life anyway.

This is the real problem, not just in economics and money systems, but in our everyday activities where we are “hung up” in various problems we have never overcome, not fully integrated, reacted and continue to react irrationally to all manner of events in our lives, hold false and/or “half baked” theories and philosophies about the world and other people…and consequently have not garnered and practiced the love and understanding that consciousness actually is and that Grace is the moment to moment living experience of.

All of these benefits both personally and systemically are awaiting our more solid and actualized awareness of them. In the midst of our lives….let us determine to look, see and experience them.

Theories may even seem to work without full consideration and actual freedom for the individual, but if the effects of policy do not reach, do not free the individual that theory is not and never will be a solution. It may be morally applauded as a solution….but it isn’t one. Any theory and policy that doesn’t reach  the individual is incomplete…and an ethical failure.

UKIP is the populist Trumpism of Britain. His outrage is understandable, but his knowledge of the actual way the money system works is flawed. Private Banks create money…and look for reserves later…from the FED. That means Private Banks are IN CONTROL of the money system…and no greater argument for Public Banking as a structural presence in the economy can be made. That is, present but controlled by a National Credit agency where borrowers are vetted by the Public Banking system via honest underwriting based on creditability, ethical purpose for the loan and non-instability to the overall economy, and THEN approved/funded by the National Credit agency. This properly places sovereign control of the money system in the hands of this national agency whose policies are the reflection of Grace as in benevolence and freedom toward the individual with a universal dividend, and free flowingness for the economy via a discount to retail prices.

Now why must there be a dividend and discount. For freedom and free flowingness for the economy is the short answer, but the real why is because as a flow in high tech advanced economies costs and hence prices will always tend to exceed incomes simultaneously produced. For instance:

A business takes out a loan of $1 million to build facilities, its means of production and other costs so it can actually start producing. The building and means of production costs $600k.  Now IN ADDITION to principle and interest…the business must recoup the $600k (or more) to eventually replace its depreciated/obsolesent means of production/capital facilities. This is most basically why 90% of businesses fail. Micro-economically the system is onerous and macro-economically the system is IMPOSSIBLY onerous because there is never enough individual incomes produced to liquidate ALL of the COSTS of production.

Here’s the general outline at wisdomicsblog.com

The Essentials For Monetary and Economic Transformation
Integrate monetary Grace as in Gifting into the economy with an ongoing universal Dividend distributed directly to the individual, and a discount to prices at the terminal end of the productive process, that is at retail sale, and you will equilibrate the economy’s most basic disequilibrium.

****************************************************************

Create a Tri-Level Banking and Financial system with:

A. a sovereign central bank whose primary and controlling concept again is Grace as in benevolent, gracious and yet undoubtedly in control of the original creation of money and the ethical distribution of it to individuals as per above, to state and local governments and to commercial entities and individuals via loans by a

B. Public Banking structure which is also guided by the concept of Grace as in prudent and virtuous purposes, has rigorous underwriting standards and whose profits after payment to employees is returned to the government general fund or distributed back to individuals

C.  Private Banking that can aggregate and intermediate only funds that have already been earned/saved and yet cannot leverage such funds up as this would be the sole responsibility of the sovereign central bank.

********************************************************************

Align any regulatory policies with Grace as in integrity and wholeness of the entire system as well as Grace as in consideration for both the individual and the ethical business entities who show their good will and gracious appreciation for a system that actually frees the individual and creates an economy that truly is able to flow freely.

Structurally there would need be little other change as Grace as in transformation…truly is a transformational concept.