The analogy fits perfectly.

That’s because economists are just as unaware of the fact that central banks were set up to make the world safe for private finance/the banks as they were of the fact that banks create our money instead of intermediate it. IOW the central bank is there to be the hand maiden of the banks during “normal” economic times and their bail bondsman when the shit serially and historically hits the fan as it did in 2008. What we need to do is make the central bank become the best friend forever of the individual agent and also of every commercial agent. You do that with the new monetary and economic paradigm of Strategic Monetary Gifting with a 50% Discount/Rebate policy at regular consumer retail sale and also at the retail point of finance, namely one’s mortgage, insurance, automobile or other big ticket item’s monthly payment. What even the brilliant Keen overlooks is the need to break up the civilization long monopoly monetary paradigm AKA Debt Only with Strategic Monetary Gifting. Visualize it.

Its the monetary and economic policy point equivalent of breathing which means it happens trillions of times per day and yet its actual and possible importance is almost entirely missed. However, if you combine the facts that its participated in by everyone, is the terminal ending point of the entire economic process and hence the terminal cost and price point as well and that the double entry bookkeeping operations of equal debits and credits with a 50% Discount/Rebate policy at that point mathematically doubles everyone’s purchasing power, implements beneficial price and asset deflation and yet with the rebate aspect of the policy the merchant gets their full price…so no moral hazard. Finally and serendipitously, instead of saying: “Damn! Oreos just went up another 10%! YOU AND EVERYONE ELSE can consciously experience gratitude for a 50% gift of price EVERYDAY, SIMPLY BY PARTICIPATING IN THE ECONOMY so its the first TEMPORAL UNIVERSE SYSTEMICALLY REQUIRED ACTIVITY to integrate spirituality, that is an aspect of grace (GIFTING), into its very operation.

Awaken to the economic importance and personal possibilities of the above policy at retail sale!

Steve Hummel 05/27/2026

Excellent exegesis Ellen. I suggest two policies that will resolve both chronic austerity of individual demand and fund the research on resolving the energy/ecology problem you mention.

First, yes once again the 50% Discount/Rebate at regular consumer retaail sale and also at the retail point of Finance, namely one’s monthly mortgage, automobile, insurance or other big ticket item’s payment all funded by the central bank. This doubles everyone’s purchasing power for consumer goods and quadruples it on debt taken on. Resolves individual austerity of demand, transforms chronic inflation into beneficial price and asset deflation and yet every merchant gets their full price with the rebate aspect of the problem.

Secondly, implement a sliding scale required “tax” of gifted purchasing power into Eco-Energy R & D treasury bonds at a rate of 5-6%, IOW a GIFT of a guaranteed investment into searching for ways to resolve those issues you also identified. It mitigates the great increase in consumption wrought by the 50% Discount/Rebate somewhat while motivating rational action toward the Eco-Energy problem. I would include the hunt for quantum/zero point energy as the ultimate direction to go. Nick Cook has suggested a breakthrough may have happened on such here: https://www.casimir.inc/tech?utm_source=substack&utm_medium=email

1. new money is created with equal debits and credits that sum to zero as MMT, Steve Keen, Michael Hudson, Ellen Brown, Ann Pettifor etc. etc. say it is
2. more money without known and enforceable barriers, i.e. chaos, will result in increased inflation, then
3. why don’t all of those in #1 above realize that a 50% Discount/Rebate policy at regular consumer and financial retail sale is the missing link policy action that resolves the deepest and most resistant problems of modern economies, supercharges their philosophically aligned policies of UBI, job guarantee and running government deficits and basically effects a new monetary and economic paradigm with that single policy. Why? Because if you reduce the price of virtually everything by 50% at the terminal ending point of the entire economic process (retail sale) where production exits the economy and becomes consumption you will have implemented beneficial price and asset deflation which is the wet dream of libertarians minus all of the pain they so cavalierly brush aside, and yet, there’s no moral hazard involved because with the rebate aspect of the problem the merchant gets their full price, and
4. I’m not even mentioning the serendipitously beneficial effect of it being greatest opportunity for EVERYONE to self actualize gratitude for a gift since meditation and prayer???

The answer to the IF question is the unconsciousness created by long term acculturation of the present paradigm, unwillingness to become comfortable with ambiguity which is the signature of addiction to orthodoxy and failure to analyze historical paradigm changes conceptually/philosophically/paradigmatically and hence a failure to realize that the beneficial effects of every historical paradigm change have always been an aspect or aspects of the natural philosophical concept of grace…as in gifting for instance in this case.

Finally, as the aspects of grace are the operant factor and effect of every paradigm change, then that means that effecting paradigm change can become “plug and play” because all you have to do is find the relevant aspect of grace and how to most efficaciously apply it in the temporal universe…and voila! the greatest and most long effecting, progressive and historical human phenomenon is a straight forward intellectual process. Which brings me to a final question: Why settle for the various religious traditions being the only way to improve the human experience when simply participating in the universally required temporal universe activity of retail sale will invoke/ellicit gratitude and skip any of the sectarian ways religion mistakenly makes people shoot themselves in the foot?

Steve Hummel 05/25/2026

MSRP and claims that one could sell a product and make a profit if they charged you 50% more than what their ultimate price is doesn’t pass the smell test. Marketers know what the market will bear and it isn’t 50% more than what they’re offering. The demand simply isn’t out there. So out with phoniness and in with the beneficial integration of opposite self interests created by the 50% Discount/Rebate policy which is a genuine paradigm change in a single policy.

No shit. Right on down the line space, time, consciousness itself separately and as a whole is/are an aspect of the concept and more importantly the experience of grace. And all you really have to do is consciously stand in the light of that fact….by looking at it, at whatever is presently all around you at any given moment.

Steve Hummel 05/23/2026

The operant belief and applied concept creating both the personal and systemic/temporal universe realities of a system, body of knowledge and/or area of human endeavor. This is true of both present anomalous paradigms and new paradigms. The only difference is the first has become problematic due to the universe being an emergent phenomenon and the second is the resolving new perceived and applied concept.

Normally paradigms are obscured by their long term acculturation and new paradigms are resisted/propagandised against by the wielder(s) of the present paradigm. Much of this obscurity and self interested delaying can be overcome by the insight that the beneficial effects of all historical paradigm changes has always been an aspect or aspects of the natural philosophical concept of grace. Thus, if you find the relevant aspect of grace and find how to best apply it…it makes paradigm change virtually a “plug and play” process. This is the core of paradigmology and of my book Wisdomics-Gracenomics: The New Monetary and Economic Paradigm, and of its new philosophy of Gracientielism.

Steve Hummel 05/23/2026

Early childhood postulate after distrubing experience

First Love and Don Henley and Patty Smith’s Song Sometimes Love Just Isn’t Enough

Wandering in the Wilderness and the Wasteland…Oh Well, At Least I Avoided The One Or Two Divorces Many Of Us Go Through Before We Wake Up At Least A Little

Eagles Take It To The Limit, But I Always Had Wisdom To Go To Bed With

Brush With Scientology and The Experience Of A Lifetime

Meeting My Witchy Woman

Global warming is undoubtedly the biggest problem we need to resolve. Thats why a policy of a sliding scale required percentage of gifted purchasing power created by a 50% Discount/Rebate policy at retail sale be “taxed” into a gift of a guaranteed investment to fund Eco-Energy R & D treasury bonds at 5-6% thus enabling a potential second Copernican Cosmological-like paradigm change from Geo-Centric Energy Production and Sourcing ONLY to Cosmic as in Quantum Sourcing and Off Planeting Energy Production. It would make rational action for ecological sanity profitable and also mitigate the increase in consumption the Discount/Rebate policy at retail sale would create.