02/13/2016:  So what are your policies to stabilize the system Dr. Keen?

No answer

02/14/2016:  I understand you have advocated a modern debt jubilee which I completely agree with, but isn’t a one off type action like that kind of a static policy when the system is ongoing and dynamic?

The concepts and experiences of Wisdomics/Gracenomics can apply to anyone and everyone. After all, it is the integration of real or apparent opposites. Wisdom and Grace are concepts whose power is available to everyone. Actual openness to them is the only real boundary. No one need alter their secular or religious beliefs about where Wisdom and Grace originate. All they need do is be open to their actuality. Wisdom is openness and Grace is inclusiveness. Therefore let us be open and inclusive so that we may obtain Wisdom and Grace..

Wisdom is discernment and Grace its epitome is foresight. A Wisdomics/Gracenomics sees what will happen without Wisdom and Grace as policy and acts in order to avoid/correct it before hand. We can see that both private and public finance without the wisdom and ethical guidance of policies fully aligned with Grace has been the historical fact and problem. Hence policy fully aligned with Grace are its resolution.

Considering both human inner and outer productive capabilities and realities,  Grace is then an abundant income aligned with what will satisfy while not tempting either envy or Greed.  This is the in every way integrated, balanced and aligned application of Grace to the economic and monetary systems. It is above mere numerical equilibrium, and yet can include it, as numerical equilibrium can be accomplished at virtually any level of general income with all encompassing and pervasive tools like a universal Dividend and a retail Discount to consumers that is rebated back to merchants. This integration also balances by monetary giving/monetary gifting…so that less necessary individual, commercial and governmental borrowing is accomplished.  And of course that is aligned with economics as in balanced, non-wasteful, non-greedy efficiency. 

[ (Efficiency X Abundance)  X  Grace as in Satisfying, Fulfilling and Abundant Inner and Outer Balance, Equilibrium and Flow ]

MMT is correct that technically their policies wouldn’t cause inflation, except they forget that price inflation will still continue to occur…..because businesses, seeing more demand forthcoming will raise their prices. Of course if the central bank had a policy that had retail merchants discount their prices by 30-40% to consumers and then the central bank rebated all of those discounts back to the merchants….you could slay the glaringly obvious monopoly on credit creation by the private financial system, have a roaring and stable profit making economy…and price deflation to boot which of course would tend to free the individual and enable the system to become free flowing in fact instead of only in theory. But to do that you’d have to wake up and become a Social Crediter, and they haven’t cognited on the efficacy and beauty of Social Credit policies yet.

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Economics must be replaced by Wisdomics. Systems were made for Man, not Man for Systems. Theorists need to fully consider all factors effecting both the system and the individual, not just some of them or the one’s that fit their theory. The highest ethical consideration for the individual and the most ideal continuing state of the system must be integrated into the policies of theory. We don’t have that anywhere today in theoretics.

Mathematical theorists are brilliantly abstract, but almost always miss some of the obvious temporal occurrences that can and will invalidate their theories and thus they become merely abstract erudite dunces. Inversely non-mathematical theorists like the Austrians look at temporal occurrences alright, but like their abstract counterparts, lacking the balanced viewpoint of Wisdom are afflicted with temporal mereness and so end up with confusions like mistaking the problem for a brilliant insight or even the solution. “There ain’t no free lunch!” Well, yes…but what does that mean for the economy let alone the individual??? So their prescription is austerity…..and a closed minded arrogance toward anyone who might have a more gracious and abundant solution.

Wisdom is the integration of both the best internal and external realities with the highest ethical consideration. Therefore it cannot be irrelevant or incomplete, in fact it can only be the complete and relevant truth…and the most ethical solution as well. Find the concept that is the embodiment of integrated bothness/duality so much so that a thirdness/trinity and oneness is the result….and you will have the complete and relevant truth and the most ethically satisfying one individually and systemically as well. That would be a true Wisdomics, a Gracenomics…..because Grace/graciousness is the epitome and ultimate result of Wisdom.

Individuals are not forced to lend their money to banks, but they are forced to borrow in order to increase their incomes other than work for pay. Considering that aggregate individual income is rapidly being reduced by innovation and AI, and also that virtually every business creates a greater flow of costs than it distributes in individual incomes….the only way this cost inflationary and income deflationary condition can be resolved is for the central bank to open its membership to every individual and have a policy mandate to GIFT the individual with a supplementary income.

Look closely and you will see that Space itself is perceptible, that the solidity of objects can be experienced from a distance and that Space is thus a conscious viewpoint of dimension.

The complete integration of Space, Time and Self Awareness….is the experience of Grace.

[ (Space  X  Time)  X  Self Awareness ] =  The conscious experience of Space through Time also known as Grace