Bothness/Duality is a reality. The integration of a bothness results in a third reality, a Trinity which enables, results in, makes known and manifests itself as a wholeness, a oneness, a completeness, a unity reflective of both Grace which is a Trinity and Consciousness which is a Unity.

Integrated (X)  Duality Within Trinity/Unity

[(1 X 1) 1] = [ 3/1 ]

Personal

[Self Awareness X Space-Time) Trinity/Grace/Consciousness/Unity]

Temporal in the economy and money system

[(Debt X Monetary Gifting) Monetary Paradigmatic Balance, Individual Freedom & Systemic Economic Unity and Flow]

[(Private Commercial Banking X Public Banking) Structurally Balanced Banking System ]

[(Pr Bank $ Creation X Pub Central Bank Dividend $ Distribution) Individual Income/Price Equilibrium]

The necessity for a Social Credit universal dividend and the additional mechanism of a macro-economically derived retail discount policies are the insights that will enable the currently flawed DSGE theory to become a virtual reality. Steve Keen and Mish should both awaken to that truth. If Keen would so awaken he would be a legitimate candidate for a Nobel and if so awarded could accept it for both himself and Douglas. Or he can be overly cautious and some present DSGE theorist or another disequilibrium theorist may recognize this first and claim that prize.

The Greek situation and the entire crisis cannot be correctly or fully understood without recognizing that the present system is not, and never has been stable. Combine that with the idiotic and inconsistent with free market theory monopoly on credit creation by the Banking system and their consequent domination of everyone….and it exposes its enslaving nature.

Individuals and businesses unite! All you have to lose are your mental and systemic financial chains!

In a digital monetary system where money is endogenously created ex nihilo…there is no such thing as “unrepayable debt.” And if the system is rigged to the domination of everyone by a monopoly on credit creation like the Banking system enjoys then allowing this to go on is complicity with slavery.

smackmacdougal:  Greeks shall enjoy Third World living after they reject the deal terms that would fix the financial situation of Greek legislators. The rest of Greece shall soon join their 2004 Olympics ruins and their ancient Parthenon ruins.

It’s what Greeks do best — create ruins.

Those championing a Grexit foolishly don’t understand anything about commerce and economy.

Me:  Yeah, like an unstable financial system rigged in favor of Banks…is the natural, ethical and unalterable reality for humanity…so get over it already. NOT!!!!!!!!!!!

smackmacdougal: Why doesn’t C. H. Douglas give them grace? LOLZ

Me: His theory and policies DO.

LMFAO!!!!!!!!!!!!!!! …at how you always step in it by merely re-gurgitating your false orthodoxy….with arrogance on top of the blindness.

smackmacdougal:  -1

Me:  Yes it’s terrible the way I intellectually invalidate and dominate you. In the interest of truth that is terrible to you….and yet domination by the powerful Banks and Financial system of individuals world wide…somehow escapes your razor sharp sense of ethics. Touche.

smackmacdougal: “Yes it’s terrible the way I intellectually invalidate and dominate you.” ~ Duality Within Trinity

Yes, that’s what a guy suffering from bipolar I or a schizophrenic off his meds would claim.

Me:  Uh huh.  Ad hominem.  When all of the other relatively normal general equilibrium believers here have finally realized that Social Credit is actually a much better and more humane way to bring about deflation and economic stability and that they have all always been nascent Social Crediters, you as the hardest, most religiously strict market worshiping/randrhoid case here …will probably still rant on even in the face of those facts.  Ta Ta.  🙂   🙂  🙂

smackmacdougal:  In past, you have engaged in so much ad hominem that it is hard to take seriously anything you write.

That said, social credit would lead to higher prices and likely inflation, which is the exact opposite of what you believe.

Welfare is a kind of social credit, especially when law givers pay for it through Quantitative Easing.

Now, please go away from me. No longer do I want to read another comment from you spewed underneath my name. There are many others for you to befriend. I am not one of those, though.

Me:   How pathetically orthodox. I have shown many many times how social credit would not be inflationary. You and others have simply not received that fact because of orthodoxy.

Yeah, I’ve ad hominemed you, so what? You are the mosr flippant and arrogantly ad hominem poster here. Apparently you’re not aware of this? You’re blinder than I thought. You calling me out for ad hominem is ludicrous and quintessentially hypocritical.

General equilibrium theorists are mistaken. Steve Keen has waded through most of the erroneous assumptions of DSGE by what? ….actually looking at the system and, that’s right, unconsciously and unknowingly coming to many of the very same conclusions about the system….that Douglas did over 90 years ago. Keen says we must incorporate money, debt and Banks into theory. Precisely what Douglas did. He espouses the fact that the system is in disequilibrium…the same as Douglas did. He simply hasn’t looked at the cost accounting conventions which dynamically enforce cost inflation on the system yet, and then in an elegant and encompassing way integrated policies into the economy….that actually resolve the deepest problems we have historically and unconsciously had to deal with for lo these many years. Keen thinks disequilibrium is actually something significant, and to be honest in view of the fact that he re-discovered disequilibrium despite a mountain of orthodoxy denying it, it is a great personal accomplishment for him (and I have complimented him numerous times for exactly that), BUT enshrining disequilibrium is actually nothing more than the flip side of the mistaken belief in general equilibrium. In other words it’s just another orthodoxy, another ideology that pundits and academics can p!ss and moan about forever…and not advance the discipline or make individuals more free and the economy more free flowing….like Douglas’s policies which taken together are actually the anatomy of both the deepest problems and of economic equilibrium itself…and so virtually accomplish just that. Now conceiving of and crafting policies that accomplish equilibrium….THAT is an accomplishment. And balancing an unopposed monopoly paradigm like debt/indebtedness with a new paradigm that those policies are based on like Grace as in Gifting is absolutely brilliant. New paradigms and paradigm changes are rare occurrences and powerful things….but they do occur and they do change things for the better. I was hopeful that policies creating equilibrium would resonate more with general equilibrium theorists…but orthodoxy is firmly entrenched on all sides and everywhere. The world is a blind, a stubbornly blind place. But crises bring us into present time enough sometimes that rationality and grace/graciousness can meet and recognize each other and realize they make for more and better survival than do mere profit, power, control and belief in beliefs. I’m not giving up on that possibility.

Counter intuitively the answer to excess production is guaranteeing an adequate and relatively abundant income for everyone that makes the economy actually able to attain and maintain an equilibrium….without the necessity for continual growth. Balance both for the economy and for the individual is never going to happen without a sense of personal security for the individual and with the continual erosion of profit and the value of money due to inflation. That is why the dual mechanisms of Social Credit are what they are….the guarantee of a secure income and the elimination of inflation. Now, right along with these transformational monetary and economic policies incentives for investment in traditionally productive enterprise, research on resource efficiencies and disincentives and outright bans on certain financial vehicles will also be necessary.

Transformation First! Rational and ethical regulation…right along with it!

Ellen Brown: Good point.

Me:  Thanks. One needs to understand what a policy of a retail discount actually does, actually accomplishes.

First it reduces the price of everything everyone purchases by a much larger percentage than the false metric of CPI (consumer price index) which even in economic “good times” is usually computed to be in the 2-4% range. Thus if the discount is 25% that actually increases the individual’s purchasing power by 21%!!! You see the discount is a macro-economic device THAT CAPTURES AND ELIMINATES ALL EXCESS COSTS FOR THE PERIOD IT IS CALCULATED IN AND IN FORCE FOR. That’s all as in ALL. Interest costs, depreciation costs for business, the cost of waste in the normal operation of commerce AND particularly from production that is redundant and for which the individual is taxed like much of the defense budget.

Secondly the discount is totally refunded back to participating merchants which has the effect of increasing their profits AND TO A SIGNIFICANT DEGREE REDUCING THEIR DEPENDENCE ON BORROWING IN ORDER TO FINANCE ONGOING OPERATIONS AND EXPANSION. So it short circuits that money going back to the Banks and a large part of it then being extinguished and hence not being available to remain in circulation in the economy. It also smalls up the the market for finance generally as does a sufficient dividend to the individual because he/she could then either save for a short period of time and not have to finance big ticket items at all or at least shorten the term of loans and actually own those big ticket items much faster than they can now.

Such a policy is proactive and win-win for both business and the individual…and serves to curb and diminish the millenial problematic power of Finance. More individual freedom, an actually cooperative and beneficial relationship between business and the individual and effective balancing of the power of the financial monopoly. I think that’s what we all want.

Teach non-equilibrium classics
Marx, Hayek, Schumpeter, Fisher, Minsky….and Douglas
Teach history of economic thought
-and economic history Yes, like Social Credit which was a world wide movement before WW II …and yet almost no academic mentions or is even aware of it!?   And how? By, as you well know, the blinding power of orthodoxy.

Further suggestions:
Teach the new and additional productive factor of technology and its inevitable effects on aggregate individual incomes in profit making systems.
Teach and integrate philosophy, ethics and trans-personal psychology, i.e. Wisdom into economics.
Become aware of the fact that integration is the process and experience of Wisdom and that Modernity is beset by intellectual fragmentation…and realize that is why there is so much obsessive opposition, resistance to change and erudite nonsense as in “distinctions without a difference”
Look at the monopoly paradigm of Debt and the asymmetric power of Banks/Banking and then be insistent about balancing those glaringly un-competitive conditions and inconsistencies with free market theory, both structurally and ideationally.

Realize that both socialism and capitalism are passe and kaput, but that profit making systems have a very bright future if they are allowed to evolve into the integrative profit making system of Distributism known specifically as Social Credit.

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