We demand our monetary and economic freedom….Now!
And we expect everyone to be good stewards of that freedom and of their own inner lives as well. And furthermore we intend to create a culture that is both graciously patient and yet morally insistent upon such personal responsibility.
Do not be deceived by the monetary powers, or by the morally near sighted! There is no conflict between monetary and economic freedom and personal responsibility!
That’s it. That’s the monetary freedom choice.
Finance’s paradigm of Debt Only is all powerful in creating monetary freedom or enslavement, and integrating the new paradigm of Direct and Reciprocal Monetary Gifting is the only way to actually change that. Reforms of whatever stripe will never get you your freedom. Why? Because there are a million reformist steps between point one and two of reform….and those steps can go both forward and backward. Reforms are like a little bird pecking once at the massive granitic heart of the dominating paradigm of Debt Only…and then if even a tiny piece of granite comes loose one of the minions of the paradigm comes and puts it back in place with Super Glue and lacquers it up until that spot shines.
No! When an actual solution for monetary enslavement exists, reforms and palliatives are unethical acts, whether affirmed by the sincere and erudite, the well meaning but not thoroughly informed or the entirely bought and sold!
The systemically enslaved must unite! We have nothing to lose but our chains!
I think it likely that Grassley and Graham have just made the political computation that Trump Is synonymous with the republican party and that if they don’t try to bolster Trump that it’s going to be disastrous in November. Having said that I doubt there’s anything truly effective they can do because while the jury’s still out on whether Trump actually is treasonous what cannot be denied is that he’s either treasonous or the biggest American “useful idiot” in the history of Russian/American spy history. In fact so long as Trumpism/Bannonism dominate our governance Putin cannot lose because their entire political philosophy is the disintegrative nonsense of “the Fourth Trurning” which is actually just the oft historically observed result of the failure to accomplish an integrative thirdness greater oneness regarding civilization’s most chronic problem, namely the continuous build up of debt due to the monopolistic dominance of Finance’s paradigm of Debt Only. My soon to be published book Wisdomics-Giftonomics deals with this looming historical problem and you can get background on it from my first book Money and Wisdom: The Way Out The Way Home and my blog here:wisdomicsblog.com
The Cosmic Code is the expression of Grace and its aspects, and of both temporal-physical and ultimate
[ ( A x Z) <–> G/C ] The formula verbally expressed as: An Integrated Often Oppositional Duality Within An Integrative Trinity-Unity-Oneness of Consciousness AKA Grace/Satori/Samadhi/Atonement
Examples:
[ (Space x Time) <–> Self Awareness ] Grace
[ ((2 + 3) <–> 5 ] …[ (3 + 5) <–> 8 ] …etc. Fibonacci Sequence/Growth/Continuance
[ (Thesis x Antithesis) <–> Synthesis ] Logic/Hegelian Dialectic
[ Hypothesis <–> (True Datum – False Datum) ] Science/Scientific Method
[ (Truth x Opposing Truth) <–> Greater More Unified Truth ] Wisdom/Integration
[ (Integrated Duality) <–> Integrative Trinity-Unity-Oneness-Consciousness-Process ] Cosmic Reality
[ (Plus Charge x Minus Charge) <–> Electricity/Electro-Magnetism ]
[ (Trunk x Branches) <–> Roots ] Tree
[ (Symmetrical Sides of a Leaf) <–> Stem From Which They Arose ] Leaf
many, many natural examples
[ (Body/Self x Body/Otherness) <–> Electro-Magnetic/Photonic/Quantum Reality ] Union: Physically and Consciously
[ (Self x Other) <–> Communication ] Relationship
[ (Intention x Counter Intention) <–> Problem ]
[ (Truth x Willingness To Confront) <–> Solution ]
[ (Personal or Temporal Problem x Lookingness) <–> Cognition ] Therapeutic/Scientific Method
When a solution to a chronic and deep problem exists, it is an unethical act to support only a palliative or partial reform.
Steve Hummel 01/09/2018
Systems were made for Man, not Man for Systems.
FC: As legacy electronic banking is double entry, transactions across the central bank settle instantaneously due to simultaneous posting. So do transfers within the same bank.
I don’t really buy the argument that liquidity problems only arise in a long-term credit system. Lightning payment routes depend wholly on people being willing to allow their funds to be used to settle payments about which they know nothing. If the system allowed people to refuse, liquidity would dry up. Lightning devs seem to think they can solve this problem by denying people the right to refuse to settle other people’s payments. But even with coercion, it is possible that for some payments there could simply be no route, if people kept payment channel funds at the bare minimum. I’d call that a liquidity problem, personally.
Me: Correct. Liquidity problems are only a sign that the true problem, individual income, is much lower than it normally is, and individual income is pitifully and chronically scarce even under “good” economic times. The velocity of money is really just that, an indication of commercial liquidity. People and astonishingly even economists think its additional individual income because the classical story of it that depicts the hotelier taking $20 to the baker who takes the same $20 to the butcher, candlestick maker etc. However the description is fallacious because whatever money circulates back into the economy is BUSINESS REVENUE NOT INDIVIDUAL INCOME and business revenue must be expensed against all business costs until a relatively small percentage of it is finally distributed as individual income….and that not only is woefully inadequate it does not go up significantly even if “good” times are on. What? Does the entrepreneur immediately give everyone a raise just because his/her revenue went up 10%. Think again. The whole crypto thing is another rabbit hole distraction from the real problem which is the chronic and increasing scarcity of INDIVIDUAL INCOME.
Very nice article. Science is but a mode, an aspect of Wisdom. It is an essential mode like food, and yet it is contained entirely within the digestive tract of Wisdom which being a more inclusive form of looking and knowing can lead to paradigm perception which is, defines and enables an encompassing single concept that applies to every aspect of a body of knowledge or area of human endeavor, and resolves the chronic “unresolvable” problems which exist in the current/old paradigm. Let us have a Wisdomics.
wisdomicsblog.com
Looking is how one experiences and discovers things. The more one is willing to look, the more inclusive of areas one looks, the more likely they will discover something that is a more comprehensive understanding and a more generally applicable factor and/or concept.
Lookingness is next to knowingness…and knowingness is essentially godliness.
Let us have an ethic of lookingness, full lookingness, and then let us also have an ethic of Wisdom which is the discernment of truth(s) in apparent opposites and their integration…so that we may have fuller life and survivability, fuller and more continuous knowing.
Steve Hummel 01/09/2018
DT: I entirely agree with what you say here about Steve Keen. The problem is to motivate those able to bring it about. Steve’s hopeful conclusion about the influence of central bankers at the end of the recent IIPP conference (https://www.youtube.com/watch?v=sUEWLqY9DEQ) seems to be close to my argument for converting the shepherds: the sheep will follow them.
Me: Keen has cognited on a systemic macro-economic truth, i.e. modern economies do not tend toward equilibrium, and has been trying to craft a theory regarding it. The problem is a theory is not up to resolving what is necessary. Keen talks about Copernican paradigm change, but he’s an iconoclast, a reductionistic mindset. You have to have the correct mindset skills to discover and fully perceive the effects of a new paradigm, i.e. an integrative mindset because a paradigm is a single concept…that fits into, saturates and effects every factor in the area in which it is applied. In other words It’s the definition of a paradox itself in that it is a single concept that describes, defines and effects an entire PATTERN, and of course a new paradigm is a new one of these. Its Agriculture. It’s Helio-Centrism. It’s Direct and Reciprocal Monetary Gifting. It’s Banking/Financial Inclusion Within the Economic Cycle That Terminally Ends at Retail Sale.
The advantage of being consciously aware of a paradigm is that policies aligned with it are incredibly powerful because they all work together within the new pattern, and if you have a policy that is actually the expression of the new paradigm itself it’s an utterly key and powerful one and contains within it a key new discovery that resolves one of the deep and major problems that the old paradigm couldn’t.
Keen often criticizes DSGE because their models do not include money, debt or banks, and he’s absolutely correct in doing so. However, not being aware of what the new monetary paradigm is and taking a macro perspective only because he has written off the micro-economy as a place for insight he misses the aggregative and integrative point in the micro economy that is the point of retail sale. Here is what I posted to him regarding this on his Patreon page:
“For instance, macro-economics is about aggregates. The point of retail sale is the terminal end of the entire micro-foundational economic process and also the aggregative total of all costs and prices for any item or service. Hence it’s an integrative point for both macro and micro economics, and for the pivotal monetary and economic policy of a 50% discount/rebate at the point of retail sale. Unfortunately none of neo-classical, Austrian or heterodox macro economists see this because the first two are deluded by DSGE and thus do not see that the economic system is demand constrained and the heterodox have written off microfoundations altogether as an area for insight. However, simply looking at the point and effect of such a policy enables one to see that a 50% discount/rebate doubles everyone’s purchasing power, completely eliminates any possibility of consumer price inflation and almost magically integrates the Austrian dream of price deflation painlessly and beneficially into profit making systems….and by the way breaks up Finance’s monopolistic paradigm of Debt Only as a kicker. This would stabilize the consumer economy like no other policy suggested by pols or econs on the left and right since forever, and if we made Banking/Finance a retail business model instead of the monstrously dominating money creating one it has been for the last 5000 years…humanity might get somewhere other than the muddle of the paradigm of Debt Only, and the failed and belittling experiment of homo economicus.”
You can read about the new paradigms and policies of same soon in my book Wisdomics-Giftonomics and see some of the thinking behind it on my blog wisdomicsblog.com
DT: Craig, just because Steve Keen has become justifiably famous for his “Debunking Economics” doesn’t mean he is a mere iconoclast. You have a point about his not having producted an alternative economics paradigm, but he has grasped the more fundamental and Copernican one of not mistaking appearances and lies for truth.
Me: D,
As I have repeatedly said Keen is brilliant, but you have to have, if even by the luck of the draw or some extraneous early life decision, the right mindset tools to ACTUALLY look at and BE WILLING to see a new paradigm…or even fully recognize the current/old one.
One needs a fundamental curiosity or intention, a willingness to (momentarily) suspend logic, to be comfortable with ambiguity/uncertainty, to prize integration over opinion…and solutions over problems, to build and visualize as opposed to merely pull apart, to recognize that real progress is both transcendence of and yet inclusion of the old, to see that obsessive duality is not ultimate reality, but rather completely integrated duality within an integrative trinity-unity-greater oneness.
And then be willing and able to consolidate all of that mental complexity and mental virtuousness by deciphering a key concept and/or concepts that apply to everything and resolve the old paradigm’s apparently unresolvable problem(s).
So it’s an elegant and yet simple concept/realization.
JK: “While I do not feel antipathy toward markets in the most general sense, I do feel antipathy toward certain markets in particular: the banking and finance industries, for example, stand out as morally bankrupt institutions that should be essentially legislated out of existence.
Yes, I hate the financial services sector of the economy (we only hate that which we fear) but I view financial markets as grotesque cancers which developed and thrived on top of our economy’s basic market structure and not as the defining essence of what the marketplace overall has to offer us.”
Me: I completely agree with you about banking and finance, and your moral compass in this area is spot on. Finance has been the problematic business model for the last 5000 years as David Graeber has shown us. The biggest reason for this is that for large assets like homes, autos and speculative leveraged stock purchases private Finance is parasitic, destabilizing, dominating and extremely expensive additional cost that is post retail sale which (retail sale) is the terminal end of the entire ACTUALLY productive/economic system.
We’re fooling ourselves if we do not see that the business model of Finance/Financial Services must therefore become merely another mark up retail type business model. And that is why the new economic paradigm is Integral Inclusion of All Business Models Within the Process That Ends At Retail Sale. Combine this with the new monetary paradigm of Direct and Reciprocal Monetary Gifting and it becomes apparent that Finance as it is now must surrender its money creating power to a national monetary authority with the sole ability to create all new credit and that also has the specific mandated policies that express the new paradigm of Gifting.
Social Credit/Wisdomics/Gracenomics/ Gracientialism 