Money and Its Paradigmatic Solution Is Bascially Accounting

Steve Keen is inching slowly toward realizing that double entry bookkeeping/Accounting is the infrastructure that the entirety of the economy is embedded in and that hence a strategically implemented accounting operation at a paradigmatically powerful point in the economic/productive process could solve our economic, monetary and ecological problems.

That operation is a 50% discount-credit/rebate-debit price and monetary policy at the point of retail sale (and an additional 50% discount/debt jubilee at the point of loan creation for big ticket and green consumer items as well)…and I have been advocating it for over 4 years.

Copernicus was made whole by Kepler and Galileo provided the temporal universe observations and empirical evidence to confirm the new paradigm. It’s the normal process of historical paradigm changes.


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