Accounting And The Paradigm Change

In order for a paradigm to be a paradigm its transformative and resolving effects must fit seamlessly within the body of knowledge/area of human knowledge the paradigm applies. This why double entry bookkeeping aka accounting is the perfect vehicle and tool for the new monetary and economic paradigm to express itself.

Accounting is both simultaneously a record of the minutiae of the micro-economy and the underlying infrastructure of the entire macro-economy. Further its debit-credit digital nature is the same as the pricing and money systems, and finally this digital nature is perfectly suited to immediately resolve excesses of debt and scarcities of individual incomes and business revenues with a digital point of retail sale discount/rebate policy.

Paradigms are characterized by their elegance, simplicity and yet broadness and depth of effect, and accounting and the above digital policy fit that definition and reality…to a Tee.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s