Speaking and theory license and course in Wisdomics/Gracenomics. Participation in non-profit Project Wisdom and Grace to businessmen and individuals with those built in constituencies. Every possible rebuttal to every possible objection. 10% commission on any of my books you sell.

The system ITSELF creates less individual incomes than it does prices so it will fail, and the only way to keep the system from failing in the long term instead of the short term is to compel borrowing. The government could order a policy of monetary gifting to everyone equally and a discount to prices, but the Banks don’t want this to happen because they would lose their monopoly control of money, not be able to dominate everyone and make profit off of that domination.

So what are you going to do about it?

Make a daily habit out of being heroic if even in little ways. You’ll end up being a saint or a Bodhisattva who are the real heroes of the world anyway.

Graciously grant beingness to everyone and everything unless they’re being harmfully stupid or enslaving.

Wake up and stop being a slave, stand up on your own hind legs and be a freedom fighter and an evolutionary soldier/artist for love, beauty, laughs and human betterment.

“Bless the beasts and the children” they love despite being chained to their appetites, and also show us the way toward Grace which is openness to the newness and nowness of the moment combined with an unflagging determination and duty to go, to grow, to flow…..and then to find the soft spot to nap.

Contemplate the revelation before and around you, it’s so much more beautiful and interestingly diverse than some internal or external distraction that only dissipates the greatest gift the cosmos has ever granted us, our own conscious awareness.

Life gets boring…unless you look at what’s in the moment.

Having a purpose makes you happy. Having an ethical purpose makes you really happy….and keeps you out of the slammer.

Banking is too important not to be guided by and integrated with, Grace as in Gifting.

Entrepreneurship and business is already woefully burdened with reversing thermo-dynamics, so give it as many breaks and gifts….as it gives to the consumer.

Monetary Grace as in gifting can literally transform business gravity into escape velocity, turn drudgery into duty and fun, and create a genuine partnership with the consumer instead of simply making him/her a mark.

Corporations are not, and will not be people….until they bow to Grace.

Politics is rank amateur theater. It must be replaced by the drama and comedy of Life and be guided by duty and the resolving power of Grace.

Where would we be without the arts?……in a perpetually rainy day.

Where would we be without Sport?…..at each other’s throats and plagued by obesity by the end of adolescence…..instead of by our twenties with Monsanto etc. making our food.

Everything is a gift. Wake up to it, accept it, and pass some of it around.  Everybody deserves a break, and grace as in gifting is so mentally and virally powerful it could kill off 95% of personal unhappiness and nearly all of our economic problems in about a month.

Faith, Hope and Love are wonderful experiences. Just add action and you’ve got Grace too.

Integration is two apparently opposing ideas, theories or systems combined and that  is Wisdom. Flow and process is that integration plus action which is a third and  unified state known as Grace.

Wisdomics/Gracenomics is fully and precisely aligned with Social Credit philosophy and policy. Its contributions, which are considerable, include the extended exegesis of the concept and experience of Grace as they apply to economics and money systems, the insights and discovery that all of the leading reform movements and cutting edge theorists have as their basic underlying concept  one or more of the aspects of Grace and finally the illustration of the incredible power of Grace applied both both personally and systemically.  I thank and stand on the lofty shoulders of Clifford Hugh Douglas and many who have kept Social Credit philosophy intact in books, in discussions and in mind for most of their lives. People like Wallace and Robert Klinck ,  Jim Schroeder,  Oliver Heydorn, Dean Malone and yes also John Rawson who made me re-look at things just to make sure. There are many others alive who I have learned from,   and also from authors of Social Credit who have passed on. I thank them one and all.

A Gift of money does not incur any cost to either the individual or the economic system….all it does is free the former and make the latter free flowing….and not coincidentally also makes the latter actually ethical.    Steve Hummel 04/04/2016

We are not contemplative societies in The West. Now that doesn’t mean we don’t wonder about consciousness and self awareness, just that the vast majority of us don’t spend very much time or disciplined mental effort in trying to make such musings real. We believe much, we actually experience little in regard to our own personal awareness and/or consciousness. And we are strongly trending in the opposite direction of contemplation with our “distraction from distraction by distraction” electronic obsessions. And I’m not here to gripe on and on about this actually so much as to beseech us to integrate it healthily, even though realistically this translates into more units of time and focus on contemplation than currently there is on distraction.

Integrate. Continuous integration, i.e. integrating, and contemplation of the aspects of self awareness/consciousness are necessary mental component parts of a life well and happily lived. Therefore let us do these along with all of the other things of Life and Living….and have the fuller life available to us.

Wage and price controls indeed will not work UNLESS you allow rental merchants to establish their most competitive price first, and then implement a discount to prices thereafter and at the terminal end to the economic process, namely retail sale, and then rebate the merchant for his discounts. Then no economic agent is or can possibly be harmed by it. Implement a percentage discount that is higher than the rate of inflation for a given period and you have the Austrian dream of deflating prices and a roaring profit making economy. You heard it here first (unless your conditioning and habitual addiction to an incomplete orthodoxy closes your mind to it) . It’s called Wisdomics/Gracenomics.

Jack:  The rebate check comes from a money tree that grows in your yard?

Me: No, it comes ex nihilo from a sovereign central banking institution (and eventually from a constitutionally created arms length 4th branch of government) absolutely governed by the policy mandates to distribute a universal dividend and the deflationary retail discount percentage….just like the private self interested Banks do now.

Joelg5:  “Confusion in this regard leads to totalitarian solutions and tyranny. Perhaps not unlike where the USA sometimes seems headed at accelerating speed.”

Me:  Yes it does UNLESS the policy mandates I’ve described on this thread are implemented. Why? Because those policies are based on the concept of grace as in monetary Gifting. As explained these policies are NOT heavy handed, intrusive or manipulative price controls, but rather gift both the consumer AND businesses by using the digital nature of debt and the money system and so are actually productive of increasing individual freedom and systemic free flowingness and even produce the Austrian perspective that price deflation should be the condition of the economy. Freedom is freedom. A = A. The idea that government policy MUST be intrusive, manipulative and tyrannical is a generalization that is irrational. “Check your premises.”

advancingtime:  Unfortunately, much of the impact and pain of raising the minimum wage falls upon small business, the real creator of jobs and directly upon the heads of workers it is intended to help.

Me:  Not if you do the reciprocal gifting policy of a (rebated back to retail merchants) macro-economic discount to prices. Gifting in a digital debt based money system is an extremely potent and powerful force.

As I believe the following post shows I am both flexible and pragmatic, and at the same time desirous that the highest economic efficiency, comprehensiveness of correct and necessary economic factors/parameters are included so as to approximate an ACTUAL SOLUTION of the ENTIRE problem, as opposed to looking at it in a fragmented, exclusionary way that actually ends up being a mere palliation of it. That’s the integration of pragmatism and dedication to the wholeness perspective of Wisdom which is actually the higher pragmatism…NOT some rigid religiosity. Religiosity excludes points of view and refuses to actually look and perceive. Wisdom integrates them toward a more unified truthfulness. The only thing I’m rigid about is the mistaken attempt to integrate economic and monetary unworkabilities and inapplicabilities into reform…..thus sabotaging unity.

From the other thread:

So long as the BIG/Dividend is not financed by taxes and a
discount accompanies it (except for the rapidity of transformation to the economy of having a large deflationary discount) I don’t really care if the dividend is a smallish $400-500/mo. The immediate stable upturn of the economy combined with the increasing loss of aggregate incomes due to AI will awaken everyone to its necessity. That plus you get people accustomed to a dividend and regressive forces will never reverse it. Look at the incomplete reform of Social Security. They’ve been trying to eliminate it for 80 years to no avail.

But again, the implementation of the combined policies of dividend and discount is essential. The idea that businesses seeing a steady stream of additional demand coming will not arbitrarily raise their prices, if not immediately then soon thereafter, is sheer Keynesian half assed policy kant and will lead to snatching defeat from the jaws of victory. It’s like saying that just implementing a public banking system without a sovereign authority guided by policy mandates reflecting Grace will solve the problem. Of course it won’t. The ethical force/bulwark of the concept and policies of Grace are essential to avoiding corruption and the return of control to private finance.

*********************************************

Adrian,

We have a monetary economy, not a barter or completely free/gifting one. Money is a wonderful and precise tool. Furthermore the money system is debt based and thus $10 of income will extinguish $10 of debt. In other words its digital and capable of both creation and annihilation of debt. Simply gifting individuals is good, but INTEGRATING gifting WITH a digital money system is much more economically efficient and accurate of assessment of costs. It’s integrative instead of fragmented, exclusionary and thus more prone to orthodoxy and religiosity.

Adrian:  Nobody’s talking about a barter economy except you. Are you in favor of loans or a guaranteed income? What is it, a gift or a loan?

Me:  I am NOT advocating barter you are in suggesting you can do a simple exchange of education etc without using the tools of a digital money system and cost accounting.

“Are you in favor of loans or a guaranteed income? What is it, a gift or a loan?”

The obvious and integrative answer is BOTH. There is no reason to exclude either. The problem currently is that Gifting IS excluded. Interest is only one of MANY ADDITIONAL costs. Mistaking interest in an exclusionary way as THE ONLY additional cost leads to incorrect assessment and incomplete policy creation.

Adrian:  I am not advocating barter. If nobody is, please let’s let it go. Nor did I say that we should (or should not) use the tools of digital money, whatever that means. If you’re talking about A + B, I didn’t say that interest was the only additional cost, but far as I can see it’s the only one that doesn’t have to be paid up front.

Me:   Yes, I stand corrected. It was World2Steven who suggested it.

“Instead of giving people money to ‘buy’ it, you could simply give it (education, medical care, etc) – or a lifetime lease to it in the case of real property like housing – to them.

If you would consider: “I didn’t say that interest was the only additional cost, but far as I can see it’s the only one that doesn’t have to be paid up front.”

does not include the costs of depreciation or maintenance of the means of production, nor utility costs, insurance etc. that are consequent to original or any financing.

Also accrual accounting with its accounts receivable and accounts payable mechanisms stretches out costs and repayments introducing Time and the illusion that “eventually everything gets paid for” and yet the real lesson to be learned from this is that the most basic metric to perceive in the economy and moment to moment reality is actually one of “a scarcity of total individual incomes in simultaneous ratio to total costs and prices.” And correcting that with a universal dividend and a cost deflationary retail discount would enable a truely free and free flowing equilibrium (not the false equilibrium of saying the statistic of total MONEY in the system must equal and not exceed total consumer prices which mistakenly causes most theorists to think that austerity works when it doesn’t) The true equilibrium can be attained and maintained by reversing both sides of the dis-equal ratio into:

a relatively abundant dividend and a cost deflationary discount to consumer prices that through time increasingly tends to eliminate the necessity of borrowing…and the additional costs of such by all economic agents.

Adrian:  Well, I’m no accountant but isn’t depreciation taken into account under current expenses (e.g., for tax purposes) and isn’t maintenance something also paid out of current expenses, and you certainly have to pay your insurance upfront. You might be right, but my point is only that all this is very arguable.

I think this goes to part of the confusion of A + B. It’s not obvious how to calculate it, and the factors and variables keep changing.

Me:  The flow of Depreciation costs must be gotten in prices throughout the flow of time of the economy and hence create a flow of additional expenses. Depreciation allowances do not mean that these costs are eliminated. The allowances are merely a stay of execution of costs not a forgiveness or cancelling of them. Further, reduction of any taxes by taking them simply reduces a flow….that also reduces income (taxes) so again the additional costs of depreciation remain. Money truly is accountancy. The problem is if one ignores it, as most economic theorists do today as Steve Keen has recently discovered and lamented, it sends the theorist off into a netherland looking for other less empirical evidence for the economic instability we are plagued by. Of course Keen is still splashing around on the surface of accounting with debits and credits instead of getting down into the nitty gritty “on the ground realities” of business/the economy found in the subset of double entry book keeping known as cost accounting. Gather those datums and look at the economic consequences of their ratios and relationships as flows (and they are continual flows of costs and are the realities of every enterprise) and you’ll get/see a much more concrete reality on A + B.

*************************************************

Me:  Good paragraph by paragraph reply Liam. The Gap is the primary and inherent systemic problem, interest and the accompanying NECESSITY to keep borrowing (which of course the Banks are happy to do) until we can’t pay the debt anymore are the subsequent structural problems that keep that prison term enforced for eternity….unless we have the concrete “cash on the barrelhead”, un-game able policies of a universal dividend and a retail discount that actually effects a reduction of prices over and above any actual rate of inflation (and that is generally quite far above the government assessment of such) so that the entire direction of the economy goes from inherently cost inflationary…..to continually price deflationary. Such is the power of the paradigm and reflective policy of reciprocal monetary Grace/Gifting at retail sale that it can reverse even the economy’s thermo-dynamic embeddedness/enslavement to entropy and hence increasing costs. But then, Grace is Godly in its power whether its source is supernatural or thoroughly integrated natural metaphysics.

And “God’s” work…..must surely be our own.

John R:   A fact is defined as something on which most people agree, therefore it can not be classed as a fact.
But this model provides a better explanation of the economic system than the orthodox version (Say’s “law”, which is an assumption), so therefore it has become the more reliable theory of the two.

Me:  The operant and most important part of that response is this:

“so therefore it has become the more reliable theory of the two.”

so unless we can come up with another economic force more potent than Grace as in monetary Gifting…..let’s just leave it at that.

Numerical Equilibrium vs “the proactive,  deflationary retail price higher disequilibrium metric within an exteriorized viewpoint of stability and flow”

Numerical equilibrium is just another orthodoxy to overcome. Economic stability however is attainable and maintainable at many different levels of output and general income levels. How does one stabilize an inherently unstable economy that is utterly embedded in the temporal universe where the entropically costly and randomizing laws of thermo-dynamics apply?  By balancing it with policies that reflect negative entropy!  That’s right we require a non-pedestrian/Martian/Spiritually Reflective solution to economics.

Stability as in stable and continuous planetary orbit is where exit velocity is attained by balancing it against gravitational  pull. This however still chains you to the earth and gravity/the laws of thermo-dynamics.

Now merely attaining (but not maintaining) an equilibrium is a mistaken goal in economics as we all live in the temporal universe and if you only reach sub-orbital speed/economic equilibrium and experience free fall/free flowingness for say a minute you’re only going to create a cyclical curve that goes up and inevitably all the way down again in a very costly, effortful and unstable fashion. In order to attain and maintain

Balance and Flow is attained by integrating a twoness or twonesses, i.e. a duality which enables you to attain a third integrated/integrative and unified state.  Finding the most basic twonesses/dualities to integrate in economics will enable such a unified thirdness through time. 

Finish parable above with:

DSGE/sub-orbital/The Myth of Sisyphus/Finance Dominated  failed economics

Keynesian/Orbital/still pedestrian/Earthly and Financially unstable economics

BIG/Interplanetary-National more stable but still thermo-dynamically and Financially chained economics

Social Credit Integrated With Public Banking/Galactic “Citizen of the Galaxy”-Global free from Private Finance and yet still chained to thermo-dynamics economics

Wisdomics-Gracenomics Extension and Elaboration of Social Credit Concept of Grace/Cosmic/truly gracious and free flowing spiritually integrated economics with an abundant Dividend and proactively deflationary retail Discount percentage whose vector is truly “heavenly” and so ultimately stably balanced and free even within the laws of thermo-dynamics …And so an immediate, direct and interpenetrative, present time and continuous temporal transformation of this entire hierarchy takes place where the sub-orbital-individual, orbital-state/province, interplanetary-national economy are all free and free flowing…and the vector/pressure on the galactic-global economy is toward the same. 

Individual income being completely interchangeable and if of sufficient amount can last interpenetratively through time from the moment of its reception on to  retail sale, and so a universal Dividend of money approximating  a middle class level of income could create a momentary/virtual balance of  total individual incomes and total consumer prices. However, this policy alone does not yet accomplish a state of systemic free flowingness.

Once something is sold at retail it has reached the terminal end of the economic process, exits the economy and becomes consumed. No economic agent can thus be harmed or effected by it in any way. This (point of retail sale) is thus the proper and most potent place to effect policy for price. If policy was to discount retail prices generally at this point by a considerable percentage above any rate of inflation, then the entire economic system could and would become price deflationary, and if all of an enterprise’s discounts from actual sales were rebated back to them a systemically stable and truly free flowing profit making economy could and would be maintainable.