Yes the poem and your critique of neo-classical theory are beautifully and terrifyingly accurate. The question is how do we convince gross moralist Islamists to re-open the strait and stop pursuing their nuclear weapon ambitions? It seems to me that getting competitors to world dominance to ally themselves in order to convince them to do so is less realistic and less likely than finishing the already mostly accomplished job of the latter. Then offering an uber form of The Marshall Plan to the more rational Persian populace including democratizing the money system with a UBI, a 50% Discount/Rebate policy at retail sale and the rest of the new monetary and economic paradigm policy program I suggest in my book Wisdomics-Gracenomics. History tells us that Money and new applied ideas/paradigms are how things get done and progress takes place, and that avoiding such change is the route to disaster.
Speech Outline
I. Introducing the 50% Discount/Rebate at Retail Sale. A Paradigm Change in Economics and The Money System With A Single Policy
A. Demonstration of the policy and Its effects: Doubling of everyone’s purchasing power and simultaneous potential doubling of demand for every commercial agents’ goods and services IOW the definition of good economic times
B. Transformation of chronic painfully erosive inflation into beneficial price and asset deflation. Show the freshman algebra of the discount/rebate math on groceries, an automobile and a new house
C. Integrates the normally contenscious self interests of consumer and merchant
D. Show benefits are universal because everyone must and does participate in retail sale and how they are irresistible to both consumer and merchant
E. Introduce and demonstrate the concept of the mega paradigm
F. Show serendipitous nature of the new monetary and economic mega paradigm change and show that its biggest benefit isn’t monetary or economic at all, but psychological/spiritual
Critique of “Free” Market Theoretics as being a fetishized framework for complete freedom and hence a misnomer for what it actually is which is chaos because there is only freedom within known and enforced/enforceable barriers. Example of yelling Fire! in a theater and statement that economics and the money system are probably the only human systems that don’t have known and enforceable barriers. Libertarians mean well, I’m sure, but again their fetishization of free market theory into total and complete freedom is one of the biggest mental hurdles one needs to overcome in order to see the system as it actually is.
Rebuttal of claim that it will just result in higher inflation (using known and actually enforceable barriers. Also hand demonstartion of chaos, slight freedom with no reform or with palliative reforms and the fact that a paradigm change creates much greater freedom and benefit for everyone not just a self interested party or other minority
Rebuttal of Cynicism
The 50% Discount/Rebate Policy At Retail Sale: The End of The Quantity Theory of Money and The Establishment of Ethics In The Economy
Why? Because retail sale is simultaneously the terminal summing point of cost and terminal ending point of the entire economic process where production exits the economy and becomes consumption. So even though the result of the policy would be a large increase in the money supply it isn’t inflationary but in fact is beneficially deflationary. Holy Shit Batman! Its a paradigm change in a single policy!
Rebuttal to: “Yeah, well what about if the merchant raises their prices before and/or after the rebate?” No, in order to qualify for the wildly beneficial and so irresistible rebate aspect of the policy (it doubles the potential demand for all of the merchant’s goods and services) the merchant must promise not to inflate more than 2% per annum and to maintain any previous discounts on goods and services…and if they cheat or don’t keep their word any revenue they may garner from such cheating will be taxed at a rate of at least 100%.
That creates free marketing where it didn’t exist before because there are presently no known and actually enforceable barriers in “free” market theoretics. (for instance greedflation, deception, hostile take overs etc. etc.) The 50% Discount/Rebate at retail sale establishes known and enforceable barriers and so also establishes ethics in economics where before commercial agents could yell Fire! in the theater of the economy and get away with it. And if you prefer a world where the “little thing” known as ethics doesn’t actually exist…you live on a different planet than the rest of us inhabit.
Natural/Philosophical Graceology: The Study and Story of Historical Paradigm Changes, and The Way To Resolve Any and Every Problem Both Personally and Systemically
The concept of grace as in love in action and its multitudinous aspects is the concept behind every historical paradigm change. This is actually a much greater insight than grace (as in Gifting) being the concept behind the mega-paradigm change in economics and the money system. Why? Because all you have to do is look for and apply the relevant aspect(s) of grace to any system, body of knowledge or area of human endeavor…and you’ve discovered the new paradigm! Can’t miss, because grace is active/activism which means its relevant to the temporal universe and is also recognized as the superlative ethic by all of the world’s major wisdom traditions, so its about wisdom, i.e. depth of knowledge/knowing and so is completely and utterly personally relevant as well.
Finally, for all of the apparently powerful and energetic aspects of the cosmos, at the heart of physics the fact is particles/physical reality emerges from the zero point of energy the source of which is utterly powerful and dynamic (an aspect of grace) and so is a huge hint that at base the cosmos itself is actually in a state of grace…and all one really needs to do to experience grace is to “stand in its light.” This is mirrored in various meditative practices especially like in zen buddhist wall gazing where one’s focus is on the present moment (enabling a nascent awareness/integrative experience of one’s awareness and the electro-magnetic flux from zero point) and so becomes an awakening experience of grace.
Its the eureka! experience itself.
The 50% Discount/Rebate Policy At Retail Sale…
…is the paradigm changing mathematical and temporal universe theory of value.
Steve Hummel 03/26/2026
Why Is The 50% Discount/Rebate Policy So Dynamically Effective, Stabilizing and Paradigm Changing?
Because it integrates the normally opposed self interests of merchant and consumer by wildly benefiting both agents with the equal increases in both purchasing power (consumer) and demand for goods and services (merchant).
Its what will peacefully accomplish what Marx wanted (economic democracy and revolt of the bourgeoisie) and stabilize, rejuvenate and begin to bring ethics to capitalism by integrating the relevant aspect of the natural philosophical concept and highest human ethic AKA grace (and in this case Gifting) into its very purpose and everyday activity (the point of exchange which is retail sale).
Its the heart and soul of what I call Wisdomics-Gracenomics.
Consumers/workers and merchants/bourgeosie, unite!
Steve Hummel 03/26/2026
Letter Sent To Senator Cory Booker
I heard Sen. Bookers call for grace as the solution to our deepening political and social antagonisms. I’ve been a student of the most progressive economists on the planet since the recession of 2008, and written a book entitled Wisdomics-Gracenomics with a single innovative policy that is a paradigm change in and of itself. I would love to have an opportunity to speak with Senator Booker or his staff about policy and answer any questions they may have. I’m as democratic and progressive as one can be, but I hasten to add that if the democrats don’t recognize the gracious monetary, economic and even personal power this policy can evoke that I’ll have to resort to pitching it to the republicans who I don’t trust not to bastardize it, but because they generally recognize power when they see it.
Virtually Everything Is More Expensive
And the solution to This is screamingly the 50% Discount/Rebate policy at retail sale. Instead of “Oh shit! Oreos just went up another 10% you get to buy virtually anything for 50% off, and if you have to borrow in order to get it, you get 75% off.
Eureka! You have found it!
Posted To Nick Cook’s Substack Newsletter 03/25/2026
A great post as always. What you’re actually describing is the process of paradigm/pattern change itself which is a process toward a thirdness greater oneness of the evolution of truth, of applicability and progress in a system, body of knowledge or area of human endeavor…and occasionally of multiples of such patterns, what I refer to as mega-paradigm changes and especially, especially if one of the changes in such a mega change is serendipitous as in surprising because it apparently has no relation to the problem under analysis…at all.
And this is why I would like to suggest that perhaps one of the key thing the cosmos is trying to awaken us to is the necessity of a change in the monetary and economic paradigm where Strategic Monetary Gifting breaks up the present monopoly paradigm for the creation and distribution of all new money which is the enforcement that new money can only be Debt while it also resolves the anomalies that economic theory has unsuccessfully been plagued by, mostly because of the refusal, hidden agenda or acculturated inability to look at and see that a paradigm change in this area is screamingly urgent. This monopolistic paradigm has been in force for the entire history of human civilization, and because money is the very tool of temporal universe actions…or inability to act if Finance, which wields this paradigm, deems one or the entire society uncreditable…so again its WAAAY over due for paradigm change.
Finally, serendipitously, integrating Monetary Gifting into the monopoly paradigm of Debt Only with a reciprocal policy of a gift of a 50% Discount of the price of virtually everything at retail sale (which everyone must and does participate in) and a rebate back to the merchant granting it to the consumer…makes the merchant whole on their entire price…and the serendipitous nature of this is it creates a temporal universe system that evokes gratitude for a gift instead of an economy that is a continual occasion for frustration, anger and cynicism. Pardon, but visualize it and the entire policy program in my book Wisdomics-Gracenomics Here: https://www.amazon.com/Wisdomics-Gracenomics-New-Monetary-Paradigm-Policies-ebook/dp/B0C49B9PX7/ref=monarch_sidesheet_image
The Fourth Branch of Government
The Wisdom Counsel of Grace. Why?
Because the consideration that a decision is legal is still often tarnished by personal bias and political partisanship, while Wisdom is the complete intellectual integration of opposites to the point of a thirdness greater oneness of a duality/problem/legal issue, and is also the natural philosophical (not necessarily religious) concept of grace as in love in action in the temporal universe and so is the ultimate ethic, and ethics are the rational consideration of mere black/white/dualistic morals.
Its not a redundancy, but a quadrinity, the fourth state beyond trinity of not only completeness but considering the implications of continual completeness analogous to the state beyond satori/the point of enlightenment, and aiming for and pointing at samadhi, which again is the state of continual enlightenment.