Answer To Mish Shedlock’s (and everyone else’s) Chronic Missing of the Mark

It isn’t a political or financial structural problem. It’s a monopolistic paradigmatic problem. Of course politicians and financial people like yourself still believe they’ve located the real problem and in fact have made a career out of criticizing these things so why would you want to admit that you haven’t looked closely enough at the real problem to see it.

The problem is a monopolistic IDEA/PATTERNS SURROUNDING AN IDEA. That’s what a paradigm is you know. It’s a generally held idea/pattern of an idea. The very fact that it is generally held/believed in, not only inhibits its critical examination it inhibits its very comprehension at all…just like the fact that you have not had the cognition that it is the real problem for instance.   You’ve got a lot of company though, like the best economist on the planet Steve Keen for instance. He has a slight idea of the problem, the banking and financial idea of Debt Only that is, because he has suggested “a modern debt jubilee” which of course is a “one off” non-dynamic approximation of a solution and only a partially conscious comprehension of the resolving new paradigm of Direct and Reciprocal Monetary Gifting.

Wisdomics-Gracenomics is the full philosophical and policy expression of the new monetary and economic paradigm of Direct and Reciprocal Deeply and Dynamically Integrated Monetary Gifting.

You heard it here first.

c copyright 06/23/2017

Steve Hummel


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