Monetary Inflation Is A Fiction
The operative cause of “demand pull” inflation is actually not the money itself, but rather human freedom of action to do so. The additional money is merely a stimulus for the latter cause. The way to end both human action inflation and the underlying and less observed cost push inflation is a high percentage discount to the retail product price of every business model that is rebated back to the enterprise which results in what has up until now been considered impossible, namely beneficial price deflation for all agents in the economy.
Libertarians run in the opposite direction from the solution in a confused conflation of the problem with a moralistic dictum “there ain’t no free lunch” when monetary Gifting is indeed the systemic solution.
Conservatives are so concerned to maintain the present elites positions of power cloaked in shaky moralisms as well that psychologically they end up becoming afraid of freedom.
Liberals would rush in where angels fear to tread with the equally inadequate flip side of half solutions and palliatives the conservatives offer.
The actual solution is to take adult, responsible, insightful and complete control of the pricing system with the graciously new paradigms of Gifting and its aligned policies.
New paradigms always seem absurd for most….right up until they prove to be the new enlightened truth. That’s history and human consciousness reality.
The Secret…That Is Everywhere
Openness to God/Grace/Love in action is the greatest and yet all too neglected secret of the cosmos.
Steve Hummel
Grace: The Most Integrative, Pregnant, Inclusive, Encompassing and Basic Concept…and Reality In The Cosmos
Wisdom being the integrative process itself and Grace being the pinnacle concept and experience of the process of Wisdom, makes Grace the penultimate concept which fully understood enables the combination/integration of opposites and literally everything else in a coherent and actually scientific way. The fact is that the unification of the mindsets of both science and spirituality results in the mental, emotional and experiential state known as Grace.
Again, it is the integration of both science and spirituality which is the key to understanding and experiencing Grace. Onlyness/orthodoxy is the curse of the cosmos because it lays down a barrier to/prevents integration and so the accomplishement of Wisdom and its pinnacle Grace. Indeed, everything is wholly a part of everything else, and Grace is its conscious unification and oneness.
Get knowledge, get Wisdom, get understanding and go with Grace.
The Scientific and Wisdom Complementary Aspects of The Cosmic Code and The Grace Aspect
Scientific Aspect
[ (A x B) <–> T/UT ] T/UT = Truth or Untruth
Wisdom Aspect
[ (A x Z) <–> C] C = Thirdness
Grace Aspect
[ (A x Z) <–> G/C ] G/C = Grace/Consciousness and all aspects of the concept and experience of Grace
The Top 10 Problems Afflicting The World…
…are all directly associated with the absolute top problem which is the fact of the business model of Finance’s unethically dominating and problematic monopolistic monetary paradigms of Debt, Loan and For Production Only.
The dominating paradigms of Debt, Loan and For Production Only
Hence the continual necessity of debt build up
Hence guaranteed monetary and economic recessions, depressions and if not corrected eventually complete systemic and even civilizational collapse
Hence negative social, political and geo-strategic effects
The fallacious economic belief in general equilibrium
Hence delusion, rigid attachment to orthodoxy and unwillingness/inability to accept new truth
Unnecessary and enforced austerity for the individual and for enterprise
Hence continual and unnecessary stress in everyday life
Hence negative mental, emotional and physical effects of continual stress
Hence inability/unwillingness to understand the need for ecological sustainability, the necessity of encouraging innovation to increase productivity with less resource usage and ability to have a true sense of rational ecological balance
Posted To Mish Shedlock’s Blog 08/26/2017
That is absolutely correct by dint of commercial and cost accounting reality. Reality that is enforced by the cost accounting convention that states that ALL costs must go into price. It also means that the rate of flow of total costs/prices will always exceed the rate of flow of total individual incomes simultaneously produced….with which to liquidate such costs/prices…which means the Austrians are right about the inherent disequilibrated state of the economy….it’s just that due to their terminal orthodoxy and inverted mental obsession with pain they can’t see that the dual monetary policies of Wisdomics-Gracenomics and its paradigm of Direct and Reciprocal Monetary Gifting are the joyously liberating solution to the problem. The additional benefit to implementing such policies is that with them the business model of Finance/Banking with its current virtual monopoly on credit/money creation will no longer be allowed to rule and manipulate every other business model and probably 97% of the general populace.
So wake the fuck up will you, you robotic and insensitive dumb shits!!!!!!!!
Conservative and Liberal Orthodoxy Regarding Inflation, And Its Actual Resolution
Neither perspective has any actual understanding of inflation’s actual cause, and neither has a prescription for dealing with it. They DO have fallacious and incomplete beliefs regarding it as well.
Conservatives think Freidman’s dictum that “inflation is always and everywhere a monetary phenomenon” when monetary inflation is actually difficult to create except when both monetary looseness and other exogenous factors make it almost a fait accompli. Liberals on the other hand have now decided that if monetary looseness occurs there will still not be inflation. Of course we are in debt deflationary times so their claim that it will not occur is just disingenuous or stupid…or both.
The thing is one has to consider the economic circumstances (what the liberals do not do) and drop the terminal orthodoxy (what the conservatives do). In modern technologically advanced economies cost inflation is the real culprit due to the fact that the rate of flow of total costs and so prices always exceeds the rate of flow of total individual incomes (not total money)…and when monetary stimulus occurs eventually inflation will take place simply because businesses seeing more money coming available….will of course raise their prices.
What needs to happen is an abundant, costless and continuing boost to individual income coupled with a policy that takes adult, responsible, ethical and yet gracious and beneficial control over the entire costing/pricing system so it benefits all rather than not doing so and treating the economy as if it was in equilibrium and stupidly worshiping it as if it were a god that must not be touched or interfered with.
These policies would be imminently practical and pin point the two major problems of modern economies, namely a chronic lack of adequate effective demand and the erosion of same via chronic cost inflation.
Once You See Grace As The Underlying Reality…
…you pass from the integrating duality stage of development (Wisdom) to the aligning truly trinity-unity-oneness-wholeness-consciousness-process stage where you see Grace in everything. Grace is the basic cosmic reality after all. One’s ability to distinguish realities is unimpeded of course, and in fact via the Wisdom stage that skill has become a well honed mental tool that discerns validity and bullshit much better than the normal not fully integrated mind.
The Cultural Inheritance Theory of Economic Value
Every creature inherits the earth and its bounty. It is their right as a living being in its quest to survive. When animals come upon food or by its skills creates it do they stop and ask themselves whether they are worthy of it or worse do they deny themselves what enables them to survive and thrive? Of course not, they partake of what nature and their skills have made available to them. Likewise every human being is the inheritor of the cultural and economic wealth of work, skills, productivity and technical and mental capabilities of those who came before them, and should not in any way feel ashamed or be blamed for receiving such inheritance. The correct stance is benevolence toward the individual and their rights as inheritors, and genuine appreciation of that inheritance by the individual and a responsibility to uphold and/or increase that heritage.
And the new primary paradigm and policies of Direct (to the individual and enterprise) and Reciprocal (individual appreciation of and responsibility to contribute in any way constructively) Monetary Gifting is the concept and expression of this theory of value.