Establishing the Logical Alignment, Conceptual Reflectivity and Relevance and Practical and Elegant Economic Applications of the Direct To the Individual Monetary Policies of Grace As In Gifting

Grace is essentially consciousness itself and its aspects.  The action of consciousness is reaching and/or withdrawing/forgetting itself. Thus the highest two states of consciousness are knowing and unknowing or equivalently on a lower level of consciousness for human beings….forgetting. These two states reflect the digital nature of money, debt and price in the economy in that money can  1) be given as a gift to equalize money immediately and voluntarily available to purchase, (reaching out to create equilibrium where disequilibrium formerly existed)  2) completely destroy/eliminate a debt changing a state of indebtedness (knowingness of debt)  into freedom (unkowingness of debt) and  3) reaching out and changing inflated price into its opposite, deflationary price….and none of these harm any economic agent (only establish equality for all business models as opposed to dominance by one) nor do they add any cost to the system at all.

So Money ethically and appropriately used in the economy in fact is perfectly analogous and reflective of consciousness itself in that it reaches out, and without adding cost, eliminates scarcity of income, debt over hang and inflated price and then withdraws/creates a state of economic freedom for the individual, from debt and to price.

Consciousness and money are digital….except consciousness is also a third and unitary continuing/continual state as well. And that is why Grace/Consciousness is also the Cosmic Code of:

An Integrated Duality Within An Integrative/Ongoing Trinity-Unity

When one goes from reading something on the internet to looking at your dog you are having two different experiences and yet your consciousness is the unitary underlying aspect of both experiences. Thus it is with all Human Life and Living.  Human Life and Living is a continual integrated/integrative sequence of twoness and simultaneous thirdness/oneness/Trinity-Unity. 

The obvious solution is a discount to price at retail sale. The money system is digital for debt and for price. Doing a macro-economic discount at retail sale which is the terminal end of the economic cycle for any product or service (and that is rebated back to the merchant giving the discount only after a sale is made) allows the merchant to discover his best competitive price BEFORE the discount and thus is not intrusive price control in any way and because it is rebated back allows him/her to be whole on their margins and overheads. Everyone benefits, the consumer with deflationary prices, the merchant because he’ll make much more profit from the increased volume of sales due to the discount (and also due to a universal dividend enabling the individual to have more spendable cash) and the net effect of more money in people’s hands to spend and lower prices due to the discount translates into less necessity to borrow by government, commercial enterprises and individuals.

You’re all nascent social crediters.

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@ peterblogdanovich and stuki moi

Me:  Keen is correct. By the way the concept that underlies “a modern debt jubilee” is Grace as in GIVING, FORGIVING AND CONTINUANCE AS IN FLOW. This is not some call for religion as these concepts align and reflect perfectly with the classical goals of economics and with the resolution of our current situation and inherent debt deflationary nature of modern technologically advanced capital intensive economies.

The fact is every leading edge reform and every cutting edge economic theory has an aspect or aspects of the concept of Grace as the basis for its policy recommendations. This is the discovery of Wisdomics/Gracenomics which is the integration of these reforms and theories. Keen has been unconsciously (and with conscious urging on my part for several years) re-discovering the insights C. H. Douglas made 90+ years ago. When he recognizes that a system can survive/limp along for very long, but that throughout that entire time is glaringly unethical in that it makes every other business model serve the business model of Finance and that nearly every individual in the economy must do the same…is when he will recognize that the only valid and ethical policies that will rectify thee situation are a universal dividend and a deflationary discount to retail prices. Ethics and a heightened sensitivity to out ethics by the way is an inherent aspect of Grace/Conscious awareness.

Keen is a nascent social crediter.

Watch and read them and weep Mish. You’re a nascent social crediter.

Forward/Acknowledgements

Introduction/Purpose including grace as basic concept of all leading edge reforms/theories and resolving concept for monetary and economic systems as well as human Life and Living and other human systems

Glossary of Key Terms/Explanation of differences and likenesses of religion/spirituality

Aspects of Grace, Monetary and Economic Alignments and Relevance

Policies    Approaching Middle Class Dividend, Price Deflationary Retail Discount, Tri-level Banking and Financial system, Public/Private Cooperative acculturation/process of raising awareness of importance of positive, constructive purpose for the individual

The New Powell/Hummel Memo and Project Wisdom and Grace

A Succinct Description of the Problem and a Call to Action

Wisdomics/Gracenomics attempts to make economics understandable in this book by reducing it to its classical goals, primary purposes, agreed upon required and positive states,  and something that is often neglected or forgotten about altogether….the ethical consequences of theories less than fully integrated with those required and positive states.

It attempts to compare and contrast what is, with what works best, is truly relevant and makes the economic system serve the individuals and business entities that comprise it….instead of ignoring the fact that in its currently un-integrated state most of the businesses and even more of the individuals must serve it, or at least the dominant elements of it.

The discipline of economics, if not the world,  needs the integrative mindset. The economy is floundering and shows no real sign of sustained recovery while social frustration and resentment and political radicalism and demagoguery increase, not to mention geo-political tensions. Secure and content populations that can see a future of positive and constructive purpose are happy and less subject to manipulation by demagogues and calls to go to war. Integrating the positive interests and capabilities of both business and labor would cut through all of the unnecessary intransigence that falsely passes for inevitability in a world caught up in two terminal obsessive contention. The open, integrative thirdness-oneness mentality of Wisdom and Grace is precisely the mindset called for.

Both increased borrowing and government deficit spending increase costs……(because such goes into the economy as the enterprise of government and which consequently has a flow of additional costs such as depreciation). Thus deficit governmental spending does not resolve the disequillibrated monetary state of the economy. A modern technologically advanced and hence increasingly capital intensive economy is inherently cost inflationary as the increased costs of capital assets must be continually factored into total costs. And even if the economy can limp along for relatively long periods of time without completely collapsing, in the (long) mean time,  every other business model is dominated by Finance and probably upward of 95% of the entire populace is enslaved by same. Factor in the just getting started disruptive effects of innovation and artificial intelligence eroding aggregate demand…and you’ve got a real problem.

The only valid economic way to resolve this inherent and increasing problem is to integrate monetary grace as in direct to the individual Gifting into the debt based money system.

Most people forget that Wisdom and its highest concept Grace have as a necessary component/aspect of themselves….a command for the highest consideration possible of the ethical state of the subject at hand.

This is what Grace as the superlative/superlativeness means.

It comes as a somewhat distressing surprise to the modern individual that they have been walking around in a semi to slight state of self awareness for their entire adult life.  Never fear, a much greater and focused self awareness is available to us all via the experience of Grace/Flow at any moment. Just begin to contemplate the fact that wherever you go….there you are. That and the fact that everything you look at every day is in a new and different unit of Time…..moment to moment. Just look a little closer at it….and you’ll SEE.

99.9+% of economists forget that even if an economy can continue to stumble along despite both systemic cost and monetary inflation…..that not resolving these enables the utterly unethical condition where every other business model besides Finance and 95-98% of the populace will be forced to serve Finance and the economic system….instead of those systems serving Man.

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John:  Steve, I’m not sure what you are trying to say about deprediation charges, so let’s make it simple.

Of the various processes claimed for causes of a “gap”, this is the one that is absolutely incontestable.  Charges go  into the costs and prices of goods, but no equibalent wages etc. are paod out, nor ar any equivalent  funds invested for future production., which is usually financed by fresh loans.

Regards.
J R

Me:  Yeah, that says it another way. I was simply saying that these costs are not one off, but reality for every business that has depreciable assets (virtually all of them) and that makes them a dynamic flow of additional costs over and above the flow of total amount financed. My other points are that even if the economy is still able to limp along without completely collapsing for long periods of time the fact of continuous borrowing is onerous to the point of being enslaving for every other business model except finance and all but the wealthiest earners which of course makes it (the entire system) unethical. Economists, even the best one’s like Steve Keen, seem to miss/ignore this latter reality.

Or maybe they just aren’t smart enough/conscious enough to recommend the only valid economic monetary and economic policies that are interpenetrative and encompassing enough to resolve the problem, namely the dividend and discount policies of social credit.  By the way, interpenetrativeness/completely penetrating the inside, and  encompassing/including in its entirety…are aspects of the concept of grace as it is applied to either one’s beingness or the concept of grace as it is applied to a temporal system like the economy.

The Consumer As Nigger.