The 50% Discount/Rebate policy at regular consumer retail sale and the retail point of Finance
Steve Hummel 06/202/2026
The 50% Discount/Rebate policy at regular consumer retail sale and the retail point of Finance
Steve Hummel 06/202/2026
The 50% Discount/Rebate at regular consumer retail sale and the retail point of Finance.
Steve Hummel 06/20/2026
The ultimate control mechanism because it lets the banks get you by the belly, the balls and the brain.
Steve Hummel 06/19/2026
The equivalent of Kepler’s discovery of elliptical orbits. Kepler’s dicovery was what actually made Copernican astrophysics more accurate than Ptolemaic cosmology, and the 50% Discount/Rebate resolves not only chronic individual and commercial monetary austerity it also transforms the slippreist problem in economics namely inflation into beneficial price and asset deflation…and without punishing the commercial agent.
Space-Time is four dimmensions and adding/integrating consciousness itself to the emergent nature of the cosmos via concepts that simultaneously change both individual reality and the temporal universe is the fifth factor. Its also known as Wisdom which is the intellectual process of integrating opposites.
Steve Hummel 06/19/2026
All of the falderal of monetary and economic theoretics is a chaotic system of thought because there are no “known and enforceable barriers” …within which human freedom can actually exist. You point this out all the time yourself Mish. FED policy is ham handed, ineffective and cow tows to the private banking system’s monopoly paradigm for the creation and distribution of all new money. 2008 is the perfect example of this where the banks caused the problem and then they got bailed out and everyone else had to go scratch.
Integrating the new paradigm policy framework of Strategic Monetary Gifting into the Debt Only system IS THE ANSWER first and foremost with a 50% Discount/Rebate at regular consumer retail sale and the retail point of Finance. Every new paradigm has always been in complete conceptual opposition to the present anomalous concept. Examples: geo-centrism to helio-centrism, nomadic tribal hunting and gathering to homesteading, urbanization and agriculture, Debt Only to Debt and Monetary Gifting.
Liberals/socialists and conservatives/libertarians alike need to drop their allegiance to rigid orthodoxies and consult the history of paradigm change.
wisdomicsblog.com
If paradigms are applied concepts/ideas and new ones resolve the anomalies of the present problematic one, then why don’t we analyze systems, bodies of knowledge or areas of human endeavor conceptually/philosophically???
Since “The Enlightenment” its largely an increasingly creeping intellectual paradigm of Science Only which avoids and even forbids anything that smacks of spiritual input. That and humanity’s proclivity for addictive egoistic orthodoxies which is what an intellectual paradigm of Science Only is in spades.
However, an intellectual paradigm of Wisdom which is the intellectual process of the integration of opposites characterized by a graceful open mindedness of free and free flowing thinking and inclusiveness of the scientific method, is exactly the prescription we need. As I like to say: “Science is wonderful, necessary and delicious…and it exists entirely within the digestive tract of Wisdom.”
And this is why we need a Wisdomics-Gracenomics to replace the human civilization-long failed and largely inhumane economics we struggle with today.
Steve Hummel 06/18/2026
Quite right on all points Ann. Regulating Finance is just one rung of importance below integrating a new monetary paradigm of Strategic Monetary Gifting into the present monopoly paradigm for the creation and distribution of all new money which is Debt Only. There’s a whole policy platform for accomplishing this in my book Wisdomics-Gracenomics, but the overweeningly important single policy would be a 50% Discount (credit)/Rebate (debit) policy at regular consumer retail sale and also at the retail point of Finance which is everyone’s mortgage, insurance, automobile or other big ticket item’s monthly payment. MMTers are so right about money being basically accounting, but they fail to see that if you just did the equal debits and credits that sum to zero accounting operation as per above you instantaneously transform chronic erosive inflation into beneficial and painless price and asset deflation…for everyone and also double everyone’s purchasing power and with the rebate aspect of the policy every merchant would be pleased to participate because they’d get their full price and also a potential doubling of demand for every one of their goods and services. But wait, thats not the best thing about this policy! What is it worth to society to change the stress of continually falling behind monetarily and economically into a permanent deep breath from a 100% increase in their purchasing power? Furthermore, what is the potential value of being able to self actualize grace as in gratitude for a 50% gift of price…simply by going to the store and buying something??? Who’da thunk that integrating philosophy/paradigmology and spirituality into economics could be the biggest step toward a new zeitgiest/ethic of the age?
wisdomicsblog.com
Inflation has always been and will forever be with us until we realize that “free” market theoretics is a misnomer and a fraud no matter whether of the libertarian or neo-liberal variety.
The above fact and the additional fact of the present monopoly paradigm for the creation and distribution of all new money being Debt Only are the core problems…that the new paradigm of Strategic Monetary Gifting resolves to the benefit of every economic agent.
If you want beneficial price and asset deflation without all of the pain libertarians blithely overlook and the liberals mistakenly think higher taxation and non-strategic monetary spending will resolve, then take a look at the 50% Discount/Rebate policy at the points of regular consumer retail sale and the retail point of Finance…until you can no longer deny its incredible temporal universe effects.
And thats why all you’ll ever hear about from other economic authorities is palliatives and the problems of the current paradigm, while with me you’ll get permanent solutions to the deepest and stickiest problems.
Steve Hummel 06/16/2026