Saying that macro-economically the system requires continual borrowing to prevent recession/depression and that the systemic costs of the resultant continual borrowing is the problem (Keen), is exactly the same as saying the system is inherently cost inflationary (C. H. Douglas) and that policies must counter that fact. So Keen has unconsciously rediscovered Douglas’s insight from almost 100 years ago. I’ve told Keen numerous times over the last several years that I thought his de-bunking of neo-liberal DSGE economics was worthy of a Nobel prize, and I stand by that, but if it is somewhat ego deflationary that someone discerned and declared the same thing before him…that is beside the point. Perhaps Keen could accept the Nobel and graciously cite Douglas’s  Social Credit and myself as the integratively philosophical and temporal policy extender of Douglas’s thinking with Wisdomics-Gracenomics.

Sadly, any significant change is likely to be glacial or even third rate populist intellect and so regressive. What economic and monetary reform actually needs is a mass social movement akin to MLK, Jr.’s civil rights movement in the USA in the 60’s. Because aggregate individual income is inherently scarce in ratio to total costs and so total prices 90% of successful business is marketing. We need to sell monetary abundance to those people whose interests dovetail with it like students, the small to medium sized businessman….and probably 75% of the general populace. That’s the only effective way to get terminally orthodox economists and terminally power craving pols focused enough to act.

The Mind is both a window and a filter, and self awareness, if rigorously pursued by any of the world’s major wisdom traditions, removes both.

Steve Hummel 10/05/2017

….that’s three that is and can be.

….that greatly stabilizes and focuses consciousness, experience and, if philosophically and policy aligned, does the same for systems.

The following excerpt also confirms the Integrated Duality Within an Integrative Trinity-Unity-Oneness-Wholeness-Process description of The Cosmic Code.

From the article

Confirmation of Quantum Resonance in Brain Microtubules

In between a rock and a hard place? Find the middle way  

As more and more nonlocal quantum mechanical phenomena are discovered within the biological system, Hameroff’s and Penrose’ theory (as well as other researchers who are investigating this new frontier of science) is accumulating tangible empirical evidence, so that models of quantum consciousness are transitioning from beautiful theoretical constructs – to demonstrable facts. What’s remarkable about Hameroff’s as well as Haramein’s model of consciousness is that they find the middle ground between two extremes: the spiritual / metaphysical perspective on one side, in which consciousness is primary and cannot really be explained scientifically; and on the other side the scientific / materialist perspective, in which consciousness is an epiphenomenological illusionary state that emerges from the complexity of neurons and plays no part in the dynamics of the Universe at large. Instead, what we call consciousness may not only arise from the dynamics of discrete physical events of the quantum spacetime manifold, but play an intrinsic role in the ordering and dynamics of the Universe as well.

that keeps the otherwise perplexing conundrum of  austerity and inflation connected. It definitively resolves the factors of cost, time and scarcity of individual income. It also ends the tyranny of numbers that make accounting identities seem an immutable reality.

It also exposes the well intentioned but false doctrine of equilibrium, by creating “the higher disequilibrium” via inversion of the factors of the problem which historically has taken place at times of true paradigm changes, and so ushers in individual, commercial and systemic freedom.

The high percentage rebated discount policy is a truly transformational advance in economic policy.

Because the world is descending into obsessive contentiousness instead of contemplating and self actualizing graciousness, which is the pinnacle concept and highest state of awareness described in all of the world’s major wisdom traditions. Contemplate grace in all of its aspects and you become much more aware than normal and never lose anything of value.

….because it implements greater purchasing power and price deflation beneficially into profit making systems.

MMT has the mechanics of modern money correct, but they still mentally operate within the paradigms of Debt, Loan and For Production Only.

Wisdomics-Gracenomics thoroughly breaks through into the new paradigm of Direct and Reciprocal Monetary Gifting.

What a money system and currency requires to be valuable is not taxes, but rather the workability of Wisdom, to be beneficial and in the interests of all agents and to enable and create free flowingness in the economy as a whole.