You’re a brilliant systemic analyst, but your cynicism negates that despite the historical reality of accomplished paradigm changes and in the present case the two truest political truisms that individual voters are many, oligarchs and bankers are few and individuals WILL vote their pocketbooks.

Give everyone an account at the central bank and have the central bank fund and distribute the monetary/rebate aspect of a 50% Discount/Rebate policy at both regular consumer and also at the financial point of retail sale. Presently the Federal Reserve/central bank, which is god so far as money creation is concerned, is only the bail bondsman for the banks. Have it fund half of the price of every transaction that has been voluntarily discounted by the merchant by 50% so the merchant is made whole on their entire price and it becomes The General Reserve and the best friend forever of every economic agent.

If Kepler hadn’t discovered elliptical orbits we’d still be calculating epicycles, and if we don’t continuously broadcast the benefits of the above policies because our cynicism makes us stop before we begin, we’ll never have a paradigm change in economics and the money system.

Steve Hummel 09/06/2026

Yes Dr. Keen is completely right about government deficits, but what if there was a universally direct and more beneficial way to resolve our economic problems? Like integrating a new monetary paradigm of Strategic Monetary Gifting into the current Debt Only system at the both the regular consumer and also the financial points of retail sale utilizing the double entry bookkeeping operations of equal debits and credits that sum to zero with the central bank paying the rebate aspect of a 50% Discount/Rebate at those points? That would implement beneficial price and asset deflation for every individual thus doubling their purchasing power while potentially doubling the demand for every merchant’s goods and services.

Steve Hummel 09/06/2026

Arnon: Private banks create money…but ONLY AS DEBT.Why is this feature of money creation important?

Me: Because the economic goal from the perspective of every commercial agent other than finance is more profit while finance’s goal is the increase in their “product” of private indebtedness which deminishes purchasing power/available money to spend and hence there is a continual destabilizing monetary and economic conflict…unless of course finance’s monopoly paradigm is broken up by integrating monetary gifting strategically into the Debt Only system in a way that mathematically inverts that problematic trend…with a 50% Discount/Rebate policy at the various universally participated in points of terminal payment (retail sale) throughout the economy for instance.

Steve Hummel 09/06/2026

Thats what it was last time during the GFC (Great Financial Crisis) in 2008 where the financiers and oligarchs got bailed out by the central bank and everyone else had to “go scratch”….and thats what will happen again because Strategic Monetary Gifting is the answer… its just a matter of applying it ethically and universally instead of to reward only those who caused the crisis and who cannot or will not think outside of the box and visualize its universal application.

The only difference is the world is perched on the edge of WW III, the drill baby drillers are still driving energy policy while we blithely pass 1.5 C in the midst an historic El Nino…and I’m the only one analyzing the situation conceptually/paradigmatically and everyone else is aware that we’re approaching an historic turning point, but all they can do is suggest palliatives or the same old shit of rescue only the powerful.

So which are you going to be: the half brained homo power economicus or homo sapiens sapiens (wise and discerning man)?

…the central bank is god. Which means it can create as much money as is necessary to fulfill an economic contract or resolve a problem. A classic example of this is how the central bank bailed out the banks in the GFC (Great Financial Crisis) in 2008. The problem however is the private banks have usurped its omnipotence with their destabilizing monopoly paradigm that new money can only be created and distributed as debt. Let me make it clear, I’m not saying we should only create new money as a gift. That would simply be creating a new monopoly concept of Gifting Only. I’m saying we should balance the nature of money creation and its distribution with both debt and gifting, specifically with policies of a 50% Discount/Rebate at the various points of payment/retail sale throughout the economic process. This would result in much greater economic stability, profitability and democracy.

Monopoly paradigms being dominating, destabilizing and problematic cannot be ethically justified as The Protestant Reformation showed us…full stop.

Calling Strategic Monetary Gifting communism is demagogic bull shit because doubling everyone’s purchasing power and simultaneously the potential demand for every merchant’s goods and services, transforming chronic erosive inflation into beneficial price and asset deflation and lifting the emotional tone of the general populace which is inexorably pinned to participating in a painful economy from despair and anger to gratitude for a gift…is a funny kind of totalitarianism…full stop.

Let god/the central bank do his work with the 50% Discount/Rebate policies at retail sale throughout the economy and there will be “joy in the morning.”

Steve Hummel 09/05/2026

It is true that I have based the 50% Discount/rebate at retail sale policy on C. H. Douglas’ CRP (Compensated Retail Price), but the inniovation of making the discount a high percentage rate makes all the difference in the world because if it was simply based on the rate of inflation and thus a smallish single digit percentage commercial agents would have been able to game its effects by simply inflating at a higher rate. Making the percentage discount high not only increases the benefit of purchasing power and potential new demand for both sides of the retail exchange, but also makes participating in the policy a necessity because if the merchant doesn’t opt into the policy even the stupidest consumer is not going to pay them 100% of the best price when they can walk down the street and only pay 50% of it from their competitor. Lastly the high percentage discount inverts the problems of chronic inflation into beneficial deflation which is a signature of historical paradigm changes while a smallish percentage would only be a palliative.

Douglas called Social Credit “a policy of a philosophy” but never actually coined the exact present and new paradigmatic philosophical concepts which I have with Debt Only and Strategic Monetary Gifting which making my claim to be the person, like Copernicus, who clearly defined the new and old concepts.

My expansion of the concept of retail sale to the funding and payment points of finance, government expenditures and taxes broadens and deepens the beneficial effects of the Discount/Rebate policy. These innovations and the innovation of the high percentage discount are equivalent to Kepler’s discovery of elliptical orbits which made Ptolemaic cosmology work better than geo-centrism and in this case of Wisdomics-Gracenomics’ being more effective than Douglas Social Credit.

Having said these things I have the greatest respect for Douglas as being an extremely perceptive and clear thinking person who was way ahead of his times and who deserves to be honored above virtually all economic thinkers preceeding him.

My discovery and elucidation of the philosophical vehicles of duality and trinity in the new paradigm as the intellectual mindsets of problems and solutions goes to a deeper level of thinking and philosophical analysis of intellectual thought itself. This dove tails with William Blake’s insightful quote: “If the doors of perception were cleansed every thing would appear to man as it is, Infinite. For man has closed himself up, till he sees all things thro’ narrow chinks of his cavern.” [1]

My identification of the natural philosophical concept of grace being the operant concept behind and beneficial effects of all historical paradigm changes is an order of magnitude increase in discovery and applicability of paradigm changes because it makes paradigm change itself a straight forward “plug and play” process of simply finding the relevant aspect of grace and its most efficacious application in any system, body of knowledge or area of human endeavor.

Arnon: The routine assumption of competency in leadership must be challenged to maintain organizational health, but must mutation also be limited lest it destroys the organization as a whole. This tension leads to conundrums: How do you determine if any mutation of organization is disease or healing?

Me: No, because wisdom insights/paradigm changes are not simply dualistically creation/destruction phenomena, but are instead integrations of opposites but to the point of thirdness greater oneness beneficial effects of applied concepts in conflict with each other, IOW syntheses. Consult chemistry and Hegel as references.

Arnon: Isn’t the American Constitutional structure a legal code that supports the whole Capitalist experiment, balancing individual autonomy with collective well-being?

Me: Largely yes, but because the current monetary and economic paradigm itself has until now remained mostly unconscious as well as how to best apply its beneficial effects. But with the new paradigm of Strategic Monetary Gifting being discovered and how its primary policy of a 50% Discount/Rebate at the various points of retail sale throughout the economic process, actually implements the new paradigm…because everyone must and does participate in retail sale. So its all about the new monetary and economic paradigm and how its applied. Got it?

Finally, your assertion that Sun Tsu isn’t relevant to this discussion is false as I have previously shown. War and politics are alike conflicts. The solution is proactively implementing the new paradigm…with post haste.

Steve Hummel 09/04/2026

You’re against monopolies, right? Breaking up the current monopoly monetary and economic paradigm for the creation and distribution of all new money AKA Debt Only is not just changing an idea…its changing its dominating, unethical and negative economic temporal universe realities…because thats what a paradigm change does, that is, it simultaneously changes the idea and the world out there that we all inhabit.

So don’t become history’s greatest dunces and attempt to inhibit the most progressive human phenomenon of paradigm change by failing to see that its not just an idea…but a world changing fact as well.

…then it can create and distribute the money to break up that monopoly power, double everyone’s purchasing power and so the potential demand for every commercial agent’s goods and services, supercharge and make the macro-economy anti-fragile and even improve your mental stress and negative attitude about affordability. It could even enable Trump to start to redeem all of his chaos monkey anti-democracy authoritarianism…if the democrats aren’t smart enough to recognize the political power of the above personal, mathematical and temporal universe realities created by a single policy. Here’s how:

You mandate that the FED create and distribute the rebate aspect of a double entry bookkeeping policy of a 50% Discount to consumers/Rebate of the price cut back to the merchant at the various points of retail sale throughout the economy.

Voila! EVERYONE gets $100 worth of groceries or other goods or services…for $50, a $60k EV for $30k and a $500k house for $250k. But wait! This policy isn’t done benefiting everyone. What is the retail point of Finance? Why its your mortgage, insurance, automobile or other big ticket item’s monthly payment. So the 50% Discount to the consumer/Rebate back to the merchant which in this case is the bank, means the central bank pays 50% of your payment to the bank so you get that $60k EV for the equivalent monthly payment of a $15k loan and that $500k house for the equivalent payment of a $125k loan.

This is the miracle temporal universe combination of double entry bookkeeping and the reality changing conceptual phenomenon known as a paradigm change.

Model it until you see its incredibly beneficial effects for you, everyone else, the merchant and even the banks…and then vote to insist that your federal representative enact this policy and its entire conceptually aligned policy program as their first order of business thus transforming the Federal Reserve from the bail bondsman for the banks into The General Reserve and the BFF of every economic agent individual and commercial…and don’t worry, be happy and grateful for being freed from a civilization long dominating monopoly paradigm.

You’re welcome!

Steve Hummel 09/04/2026

Sun Tzu however IS relevant in the conflict over applied ideas/paradigms. Specifically his insight that if you can convince the enemy (read all of us) that there is no reason to go to war you (read the banks and oligarchs) will win every war without a single battle.

This characterizes the modern intellectual disease of cynicism where otherwise intelligent people unwittingly become erudite dunces because they stop before they even begin.

New paradgms are simple as in single ideas/insights and yet deep because they are the key applied realities that transform the entire pattern they are relevant to. They are geo-centrism vs helio-centrism, nomadic, tribal hunting and gathering vs homesteading, urbanization and agriculture and Debt Only vs Strategic Monetary Gifting.

Go simple, go deep…and keep going there.

Read my response to Alvar Nunez. Its that pols and pundits don’t know that the problem is the current MONOPOLY paradigm for the creation and distribution of all new money which is Debt ONLY. Its perfectly analogous to the the Roman Catholic church’s monopoly paradigm of Salvation Via Roman Catholic Sacraments ONLY. We require a monetary and economic reformation that breaks up the Debt ONLY paradigm, and the best application of that new paradigm which incidently aligns conceptually with Greenbacks as well as Keen’s Debt Jubilee, UBI and MMT’s job guarantee namely Strategic Monetary Gifting…is the 50% Discount/Rebate policy at the various payment points of retail sale where the central bank creates and distributes the rebate monies back to the merchant granting the discount to consumers. And we better be awakening to this fast with AI probably precipitating a crisis of failed demand in the very near future.

C’mon.

Steve Hummel 09/03/2026