have thoroughly thought through the concept behind Social Credit and its policy effects. It’s true I stand on the shoulders of the great C. H. Douglas, but not even he fleshed out the concept behind Social Credit nearly as much as I have, visualized their effects and then extended and thoroughly aligned the policies of Social Credit with that philosophical concept. No one else has recognized the the new paradigm of grace as in monetary Gifting and way that it will transform the entire economy, every aspect of it and supersede all less integrated/integrative theories.

No one has nearly as complete an understanding of that new paradigm, not Steve Keen, not any economist. Their awareness of, clarity regarding and understanding of the concept behind Monetary Gifting, even though some of their own policy suggestions are fragmentary aspects of that concept….is very limited. Understanding a new paradigm thoroughly isolates you from virtually every other thinker simply because in one degree or another they all remain within the mental field of the old paradigm and hence their minds are captured and so at least partially blinded by it. Iconoclasm can bring one only so far, integration, re-integration is necessary for real understanding. And then one has to understand what an actual integration is, and then what the process of integration itself actually is, and then what continual integration/integrating actually is, that is, what is the concept of continual integrating itself. And then is when you just begin to understand. No one else but I has mentally gotten that far, let alone contemplated that concept and its economic, political and social effects. No one.

Am I “tooting my own horn”? Yes I am, but I also realize that my life and the decisions I made early on to “get knowledge, get Wisdom and get understanding”, to pursue truth, to keep my mind open and be willing to let new and even opposing knowledge guide me so that I could integrate it….was extremely important and largely a coincidence of circumstance and luck. Also, if I had not had several extraordinary personal experiences of present time and my own self awareness I likely would never have recognized the tie ins of those experiences with the concept behind the new economic paradigm.  My interest in the world’s major wisdom traditions and my study and participation in several was also a source of knowledge that led to an awakening to the new paradigm and the concept behind it. Both genius and paradigm perception have always been a partially lucky convergence of logical and appropriate interests and experiences. So I do this mostly to simply set the record and the history straight that I, and only I,  have recognized and advocated the new paradigm for at least the last several years.

Grace after all contains the aspects of both humility and the confident ability to recognize and declare truth.

The highness of the percentage rate insures virtually universal “buy in” by every enterprise as they would not be competitive if they did not opt in.

The high rate also not only completely prevents any chance of price inflation, but actually beneficially integrates price deflation into the entire economy as even normal inflation is only 2-3%.

It saturates the entire economy with a form of monetary Gifting, enabling higher profits and savings for both the individual and enterprise by increased volume of sales, by elimination of transfer taxes and reduced costs from reduced necessity for borrowing.

It automatically increases the purchasing power of the individual by whatever the percentage of discount.

Its greatest benefit is that it breaks up Finance’s enforced paradigms of Debt and Loan Only by ushering in the new paradigm of Gifting throughout the economy.

Everyone and everything adapts to a new paradigm, not the other way around. That means the labor market, the investment market, every market, the entire market, every less complete, less incisive, less encompassing economic theory…..

…BECAUSE THAT IS THE NATURE OF A PARADIGM CHANGE.

Unfortunately politicians on both sides of the aisle are rendered to stymied duncery because they do not address the real problem behind the healthcare system and the entire economy. And that is the fact that everyone including the government must bow and submit to the enforced financial paradigms of Debt and Loan Only. Debt and its enforced vehicle of Loan Only is the economic equivalent of sin the salvation from which is Grace as in the free gift from God. Maybe if our politicians would simply apply the aspect of Grace as in Gifting to the ruling force of Finance in the economy with the free Gifting policies of a universal dividend and a substantial discount to prices they would be able to resolve the healthcare and the entire economy’s deepest problem. Grace is the universal solvent spiritually, personally and systemically. All you have to do is be willing to look at the obvious logical human alignment of these three without reactively closing your mind. As above so below. So be it.

When the political climate becomes as reactionary on both sides as it has now become is there any doubt that the discerning integration of opposing truths that characterizes Wisdom….is the only sane way forward?

Any “theory” that does not directly address and eliminate the unethical dominance of Finance’s paradigms of Debt and Loan Only is a priori incomplete, consciously or unconsciously compromised and a palliative not a solution.

Varoufakis, like virtually every economist wants to do the right thing, but also like every economist he’s still got half of his mind in the old paradigm of Debt and Loan Only. Hence he’s got cognitive dissonance about the way forward and makes mistakes in theory and policy. All economic theorizing that does not thoroughly see the new paradigm of Direct and Reciprocal Monetary Gifting ends up being Ptolemaic “epicycles”. A new monetary and economic paradigm is necessary to transcend and incorporate the old paradigm.

The same as science is the “epicycle” of Wisdom and Spirituality.

The new monetary and economic paradigm is Gifting, and the same concept behind Gifting, namely Grace is also the long delayed new paradigm of Science as well.

A basic income is actually just another way for Finance to extend the life of their dominance of everyone. Basic is old paradigm scarcity thinking. Grace, monetary and otherwise, is all about abundance. If you have a sufficiently abundant universal dividend and a high percentage discount to prices not only will you break up private finance’s monopoly paradigm of debt and loan ONLY, but you will also be able to eliminate virtually all transfer taxes that both individuals and enterprise pay for welfare, unemployment insurance and even quite quickly social security. Finally with abundant Gifting and prices always discounted/deflated it will also so saturate the entire economy with monetary grace as in Gifting that the market need and necessity for new borrowing will largely wither away. An economy of Grace as in Abundant Gifting. Precisely as one who believes in God needs to contemplate God’s Grace to deepen their experience of it, so one also needs to contemplate monetary grace as in Gifting in order to properly and thoroughly visualize it.

I’m actually not that worried about everyone becoming slothful etc. The vast majority of us find purposes other than work and I don’t think that majority will do anything but increase. However, as I have written on my blog as a way to condition people to the increased leisure (leisure is not idleness, but rather participation in self chosen activities that one is interested in and enjoys) I advocate changing the definition of full time work to 20 hrs/wk which will make unemployment virtually disappear and with the abundant dividend and discount policies people will still have what amounts to a better than middle class income guaranteed and much more if they chose to work more than 20 hrs/wk. Employment as purpose is only a subset of total possible positive and constructive purposes.

A Public Banking System will be implemented where all profit after normal expenses returns to the government for funding various programs along economic, environmental and social programs that align with the concept of grace.

Derivative products will be severely reduced and/or eliminated.

Any and all shorting of the currency foreign or domestic will be null and void in their effects. Money is not a commodity.

Private finance will be reduced to intermediation of existing money.

The public banking system will be allowed to make loans only after clearing by the National Credit Office which will make the final decision about all new money creation.

Every attempt will be made to prevent laundered money from criminal activities to enter the system, and those responsible for any such money entering the system will be prosecuted to the full extent of the law.

In return for the stable and abundant economic system created by the dual policies of the dividend and discount, and the savings enabled by the elimination of most if not all transfer taxes every enterprise opting into such policies will agree to a rigorous monthly examination of their accountancy. If arbitrary cost/price inflation is discovered and confirmed the enterprise will pay fines 5 times the amount of such increase. If the enterprise and its management is discovered repeating such or any other outness not justified by legitimate economic factors they will lose their discount privileges and face felony charges for fraud. Graciousness is both benevolent and sovereign and so will not tolerate any attempts to undo a system so based.

Any and all regulations will reflect both the benevolence and strong ethical willingness to act aspects of the philosophical concept of grace.

It’s absolutely true  that the story and movie The Wizard of Oz is a terrific metaphor for the domination, manipulation and arbitrary rule of Finance and the money system. However, the even deeper truth it expresses is summed up in Dorothy’s final words, “There’s no place like home.” That is, home to your more integrated and appreciative of all things in Life…self. Art and science are wonderfully complimentary disciplines…and together they are incorporated into and lead to the even more unifying, renewing, third and integrative discipline of Wisdom.

Art imitates life, Science codifies it and Wisdom personally/self actualizes the best resolution the drama and knowledge each brings to us.