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.

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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.

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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.

Current crisis is the rocket blowing up on the launch platform because costs/vehicle weight so far exceed incomes/thrusting potential that it cannot get off the ground.

Equilibrium is actually only attaining one orbit, but then returns to earth/disequilibrium and collapse.

Thus Dividend and Discount must be abundant as in more than statistical equilibrium so that there is a tendency toward more individual incomes and lower prices and consequently LESS need to borrow and less actual borrowing. This changes the entire vector of the economy toward ascendancy,  i.e. individual freedom and free flowingness of the system/orbit.

Love is so much more powerful as a verb than as a noun.  The one is static and motionless, the other is dynamic and operates in space and through time. One an idea, the other a powerful experience for Good. Learn Love and practice Loving…and Grace will be the result.

Money is basically an idea and its accounting.

Economics is the temporal/entropic and human system of allocating money and resources.

To be truly and fully human one must have Ethics which is conscious awareness of and sensitivity to what is highest/best IN both Self and the Other, and since economics is a human system it must therefore be concerned with and aligned with such an ethic.

Wisdom is both the mental process of integration and the result of that process.

Love is the highest ethic and ideal state of being.

Grace is the highest concept and ideal of Wisdom, is both integration and continual integrating at the same time and thus is Love in action, in other words Grace is a state of flow of the highest Wisdom, Love in action, through time and space.

Grace/Love in action is the highest, broadest, deepest and most ethical purpose internally and/or externally.

Love is the experience of consciousness itself and Grace is continuous consciousness of consciousness which is Love in Action.

Grace/Love in action is bothness integrated, bothness/andness/oneness, transformation, encompassment, interpenetrativeness and balance, equilibrium and flow…among many other things and states of being and becoming.

Profit, power and control are all legitimate purposes in and of themselves, but they are poor and inevitably failing primary purposes.

A new philosophy and policies reflecting the various aspects of the concept of Grace/Love in action is the new paradigm for economics and money systems.