Central banks were originally set up to make the world safe for private banking by not having the policy tools to resolve or interfere with the instability that the banks create with their monopoly paradigm for the creation and distribution of virtually all new money, namely Debt Only…while also being able to bail the banks out when that paradigm causes the shit to hit the fan as serially happens and as we saw in 2008. The answer is to break up that monopoly concept with the new concept of Strategic Monetary Gifting primarily with a policy with real teeth and stupendous benefits like the 50% Discount/Rebate at both regular consumer retail sale and also the point of financial retail sale which is one’s mortgage, insurance, automobile or other big ticket item’s monthly payment. Doing that mathematically doubles the regular everyday purchasing power of EVERYONE and doubles it once again for any new indebtedness. IOW you get $100 worth of groceries or other consumer goods…for $50 and a $500k house for $250k and then when your monthly payment comes due the central bank pays 50% of it. All commercial agents get their full price and chronic erosive inflation is transformed into beneficial price and asset deflation. Its a paradigm change in a single policy.

Finally, the answer to the cynic, which the banks are hoping you fall for is two fold: #1 we the individual and commercial agents other than the banks are many and they are few, and #2 the truest of political truism’s is: People vote their pocketbooks.

…by rebutting the biggest reason people reject what you’re saying. In this case the cynicism reply. Cynicism regarding the new monetary paradigm is the worst intellectual disease of modernity because its been acculturated since day one of civilization and stops action before its even begun. The answer to the cynic is this: Remember these two truths. First, the incredible benefits of the new monetary paradigm effect everyone and every economic agent both individual and commercial so those who would oppose it are few which means we have them wildly out numbered. Secondly, the truest of political truism’s applies and that is that people vote their pocket books.

Steve Hummel 05/19/2026

They out economic democracy the socialists and out profitability the capitalists…because they are a true thirdness greater oneness resolving integration of those opposite perspectives. Strategic Monetary Gifting IS THE ANSWER to our economic instabilities and problems…and much much more, especially in bodies of knowledge and areas of human experience not related to money and economics.

Steve Hummel 05/19/2026

Absolutely no argument with the fact that speculative excess and neo-classical economic theory combined with Trump’s failure to factor in a closing of the Strait of Hormus are leading us to apacalypse. But what if we implemented my policy of a 50% Discount/Rebate at regular consumer retail sale and the retail point of finance (everyone’s mortgage, insurance, automobile or other big ticket item’s monthly payment) and then in order to mitigate the additional consumption also implemented a “tax” of say 50% of utilized gifted purchasing power into 5-6% Eco-Energy R & D treasury bonds, IOW a gift of a guaranteed investment into ways of resolving the Eco-Energy crises we’re confronting???

And by the way lets hope this start up turns out to be the technological breakthrough we’re all hoping for: https://www.casimir.inc/tech?utm_source=substack&utm_medium=email

All quotes are completely true. So why don’t we implement a 50% Discount/Rebate policy at retail sale and simultaneously double everyone’s purchasing power and transform chronic erosive inflation into beneficial price and asset deflation. Its a monetary and economic paradigm change in a single policy (and of course there’s an entire attending policy and theoretical framework designed to stabilize and incentivise the new paradigm and enable urgent rational actions like dealing with our looming energy and ecological crises in my book Wisdomics-Gracenomics.)

Individual economic agents unite! All you have to lose are the chains of Finance’s monopoly paradigm for the creation and distribution of all new money AKA Debt Only!

Why? Because macro-economics is about aggregates as in totalities, and because EVERYONE must and does participate in regular consumer retail sale, and EVERYONE who borrows money participates in financial retail sale which is one’s mortgage, automobile, insurance or other big ticket item’s monthly payment…and so the beneficial effects of any policy at those points ipso facto scales to the totality of its economic effects. And that is why the 50% Discount/Rebate policy at retail sale is a paradigm change in a single policy.

Steve Hummel 05/15/2026

Refusal to look is also a deadly orthodoxy. Like for instance insisting on only systemic and mathematical analysis, both of which are completely valid means of looking/analyzing of course. The deepest means of looking though is conceptual/paradigmatic analysis because it enlightens one to what ideas are creating and enforcing both mental and temporal universe realities…that the analyst is likely missing because those ideas are so long acculturated that one is completely unconscious of them or seems illogical and even unscientific.

Why? Because uniting monetary self interests allows for competition, but also fosters cooperation, universal agent participation via universal agent benefit, enables rational action where resistance to necessary change has been the norm. And probably most importantly the wild benefits of this single policy means that opposing it by politicians is the kiss of death for them. Why? Because what individual wouldn’t like having their purchasing power immdiately doubled by being able to buy $100 worth of goods and services…for only $50, and yet with the rebate aspect of the policy the merchant gets their full price and thus the doubling of potential demand for every one of their goods and services??? Its a win/win for both sides of the economic calculus. And when applied at the retail point of finance even the banks will not be able to oppose it because with the government or the central bank paying 50% of everyone’s mortgage, auto loan, insurance or other big ticket item’s monthly payment (and of course the aligned policy of a UBI/UHI…EVERYONE is now creditable, so the market for the banks’ “product” is vastly increased even if the price of a $60k EV is only $30k at regular consumer retail sale and a $500k house is only $250k. Finally, the banks actually benefit the most because instead of unethically wielding a monopoly monetary paradigm of Debt Only their ethics are “put in” exactly like the way the last monopoly paradigm we dealt with did which was ending the Roman Catholic’s monopoly paradigm of Salvation Via Roman Catholic Sacraments Only.

But remember, 9.9 is actually perfect and a 10 is imperfectly perfect, in other words the integration of opposites which is the ultimate personal wisdom of continuous emergent newness, nowness and accepting conscious flow as in gracefulness.

Steve Hummel 05/09/2026