Posted To Mish Shedlock’s Blog 08/04/2018

Me:  If you want to get rid of the idiocies of the FED, stabilize the economy with much greater individual aggregate demand while integrating price deflation into profit making systems….you have to come off the dime of falsely claiming that the new DIRECTLY distributive monetary paradigm implemented at the point of retail sale is some how RE-distributive and hence socialistic. If you can’t muster enough honesty and objectivity to do that then you’re part of the problem not the solution.

RJ:  The fact is that there is nothing that works. 100% of cycles have an up phase and a down phase. Every cycle fails, which is why every boom ends in a bust. Politics swing back and forth between liberal and conservative.

A gold standard has never worked, because of cycles. It might be some kind of ideal, but because of cycles, push comes to shove at some point in time. Even Glass Steagall, which was passed, to prevent IT from ever happening again, was dismantled when it got in the way. IT is happening again.

Me:  @RonJ Nothing seems to work right before a paradigm change which always resolves the primary problematic situations in the body of knowledge/area of human endeavor it applies to. That’s what the new monetary and economic paradigm of Direct and Reciprocal Monetary Gifting does. It ends the obsessive left-right struggle of trickle down capitalism and re-distributive socialism because it is a thirdness greater oneness integration the truths, workabilities and highst ethical considerations of seeming opposite perspectives. The real problem is Mankind loves its problems more than it desires solutions and egotistically clings to orthodoxies way past their historical and temporal usefulness.

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