Gifting doubly blesses both giver and receiver. So much so that gifting has the power to immediately raise the emotional tone of all but the most emotionally repressed. A continuing national gift of supplementary income could totally transform and raise to very healthy levels the emotional tone and attitude of everyone.

Most of the time when first engaging in conversation with another the first question is: “What do you do?” as in what do you do as work.  This is fine of course, but as innovation and AI increasingly eliminate work as we know it, it would be better and more apt for us to ask: “What is your purpose in Life?”  This is a much deeper and more reflective question to ask and ultimately more important and satisfying as well. Let us prepare for the future by making sure that we have a positive and satisfying response to that question.

It’s the intersection of a cost accounting economic reality and a Banking and Financial Monopoly.

Excess costs like depreciation etc., diminutions of money from the circular flow and reduction of individual income due to innovation and AI meet the self interested refusal by the Banking system to create any vehicle of distribution of money save a loan which of course adds to the costs of the system, continually builds up debt and hence prevents the actual resolution to the problem which is a supplemental gift of income to the individual and a means of halting and reversing the cost inflationary nature of the system.

I agree with both Dean and John here. It’s important to understand the mechanics of the money system and yet it’s even more important to see the whole system, history and the forces that guide and dominate it. Finally, it’s most important to understand the ideas underpinning the present system and how an alternative idea…would prevent the present powers from exercising their will via distraction, confusion and half truths/lies. That is, that when the self serving system of the Banks collapses the individuals of the nation are liable and responsible for its effects….and the only way out of it is the coalescence of an international financial system….rather than independent nations guided by the deepest and most ethical idea in the cosmos Grace. Grace as in the free monetary gift, as in abundance, as in individual freedom,  as in systemic free flowingness and as in subsidiarity of power, profit and control to the Wisdom and necessity of ethics.

JH: Thus, defaults on both Treasury bonds and on demand deposits will not be allowed to happen.  It would be economic and political suicide for any administration foolish enough to allow it to happen.

Me:  The threat of implosion alone would be enough to herd the non-comprehenders in economics and government toward a consolidation of the powers of Finance. Fear and ignorance have been used by the powerful repeatedly throughout history. We need alliances amongst ourselves and with the the largest constituencies whose interests it is to have more individual monetary abundance and a less onerous and price efficient economy, namely the consumer (everyone) and the small to medium sized business community (the vast majority of enterprises) .

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I completely agree with all of that. Except that despite the fact that deposits are a liability to the Banks….they won’t treat them that way when the SHTF, and as Ellen has pointed out current legislation will lawfully enable them to do so. Power does as it wishes assisted by politicians and economists…and their various orthodoxies. All the more reason to have the philosophy of Grace of Social Credit and its aligned policies implemented in the economic, monetary and political systems in as well thought out a fashion as possible and proactively trying to deal with both the moves of the powers that would oppose it  and also toward the goals that Douglas envisioned where money increasingly becomes a ticketing system for distribution of production. This is why I believe the Dividend must immediately be sufficient to free the individual from coercion by the Banks, by government or by the business community. A virtual equilibrium can be attained at multiple levels of income especially with a Discount mechanism that sufficiently reduces prices to consumers (say by an arbitrary percentage of 40+% or more) which sufficiently reduces the rate of premature cancellation of individual purchasing power and changes the entire vector of the economy toward what Douglas envisioned it would become. The Dividend and Discount mechanisms being true macro-economic tools can be used to accomplish this. They are themselves the anatomy and component parts of equilibrium and again, also the means of “getting us home” from the current system and any of its subtle orthodoxies. None of this means there couldn’t or shouldn’t also be rational and ethical regulations (aligned with a philosophy of grace as much as possible) But let us have immanent transformation….and regulation right along with it.

An Integrated Duality Within an integrative/integrating Trinity-Unity is the signature of the Spatio-temporal Macro-Cosmic/Holographic Dialectical Code.  (image: completely integrated informational opposites result in a third, unified and interconnectedly shared reality that pervades everything and all of space)

The inverse dialectic is also true, that is two integrated Trinities Within a Unity which is the Quantum Microcosmic/Fractal code. (Image: two equililateral triangles inverted upon each other within a circle fractally repeating itself

Derived from the Hegelian Dialectic which is actually an incompletely described form of what I have called The Cosmic Code described thusly:

An integrated Duality within an integrative Trinity-Unity. This description not only is logical it is the integrative process of Wisdom itself (the integrated Duality) and the pinnacle result and experience of Wisdom according to all of the world’s major wisdom traditions, namely Grace which is a third and unified state.  Wisdom is the integration of a Duality, Grace is an integrative/integrating Trinity-thirdness which is also a higher more unified wholeness of the truth(s) of the opposing Dualities in the particular subject under consideration, and Self Awareness/Consciousness itself, of one level or another, is the one unified commonality  each and every human being shares.

Grace as in Flow is the highest value of both personal mental development and the classical and correct goals of economics. Grace as in the free and costless monetary gift is relevant to economics, and as it can be seen from the datums of cost accounting that total individual incomes as a flow are only a subset of the flow of total costs, and the cost accounting convention that all costs must go into price is and must be universally enforced in order to discover profitability…this exposes both the most underlying cause for systemic economic and monetary instability as well as makes clear the metrics that must be equated and the conditions that must be met in order to achieve such equation, namely a direct supplemental gift to the individual that initially avoids the system, and a gift of discounted price at retail to the consumer thus eliminating the cost inflationary nature of the productive/economic process and which is then reciprocally rebated back to merchants so that they can be whole on their margins and overheads. Monetary Grace the free gift to the individual and within the system…is the new economic and monetary paradigm.

Yes John David. But there is another reality to consider. If money is injected into the economy and the economy in its completely unfettered operation is inherently cost inflationary then purchasing power will erode. So the only way to insure that the individual’s purchasing power is maintained is to give him/her a direct supplementary gift of money. And even after that, as the nature of the system is that it is still cost inflationary, in order to resolve that problem you will need to have a policy that reduces prices at the very end of the economic/productive process, namely at retail sale.

This is why both government injection of money into the economy and employment itself will never make the system free flowing. Nothing at all wrong with employment per se and our nation requires infrastructure upgrades badly, but macro-economically speaking employment and government spending will not get you to equilibrium and individual freedom. Gifting to the individual and reciprocally within the system is REQUIRED for that….and ever more urgently as AI is also disruptively destroying aggregate individual incomes. Finally, in order to avoid an unnecessarily long process of reform, and also of merely attempting to “catch up”, a proactive policy of getting ahead of the curve of the present enslavement by Finance and toward ever increasing individual freedom and graceful systemic free flowingness an abundant Dividend and a price deflationary Discount percentage is what is most consistent and aligned with an underlying philosophy of Grace.

DISEQUILIBRIUM THEORY–Cognition/Consciousness of actual reality, and falsity of former delusion and thus Freedom From it.

CALL FOR DEBT JUBILEE–Forgiveness of debt via Monetary Grace/Gifting, the money system is Digital thus Reflective/Reflecting, Integrative Bothness/Both the two top States of Being/Mental Capabilities of Flowing/Healthy Self Knowledge, namely Know and Not know/Unknow, and also of the Entropic/Non-Entropic Creative Nature of the money system.

PUBLIC BANKING–Temporal/Structural Omnipresence of Banking/Financial system as a Public/Generally Available utility.

MMT–Additional/Abundant Sovereignty/Sovereign Grace/Gifting capability of national finance

SOCIAL CREDIT–Directness/Direct to the individual  and Reciprocal Systemic Monetary Grace/Gifting via a Flowing/Continuing/Universal/Individual Dividend and Rebated/Gifted Back to merchants Social/Systemic Retail Discount to Consumers. Truly Public Interest Sovereign Central Bank/National Credit Office whose Self Determined Independence/Freedom From both government and private finance, implements the mandated Logical/Logically Aligned policies above. Basic Philosophy is Grace/Gifting.

WISDOMICS/GRACENOMICS/GRACIENTIALISM-Integrative Dynamic Progressively Liberating Extension, Pervasion and Ethical Ascenscion Throughout All human systems of Social Credit’s basic philosophy of Grace/Gifting thus Enabling/Empowering Grace/Flow to Be/Become not only the new economic and monetary paradigm but also  the General Ethic/Zeitgeist. Proactive/Conscious Thrust/Intention Toward Increasing Individual Freedom and Systemic Monetary  Freeflowingness via price deflation while Simultaneity/Simultaneously Maintaining the Highest and Most Ethical Integration of Capitalism and Socialism thus Making Consciously Real a Thirdness yet Unification/Oneness known as Profit Making Monetary Distributism.

Policy Integration of the best of current political agendas of both Left and Right that accomplishes more individual Freedom and more stable systemic economic Free Flowingness than either side of the aisle has in almost a hundred years of dualistic obsessive contention.  Also reduces more governmental bureaucracy and frees both business and individuals from more taxation via policies that eliminate them via redundancy than the same agendas have created from their failure/refusal to integrate due to their obsessions with power more so than freedom.