Abstractions and Realities, Non-Comprehension of Paradigms and Paradigms vs Palliative Reforms

Macro-economics has suffered from a sad lack of knowledge regarding the economic significance of accounting/double entry bookkeeping. As a result it has veered off into mere mathematics and flimsy if not complete irrelevance. When one stacks the real world power of mathematics up against self interest, the abstract truths of mathematics basically disappear.

Attending to the conventions and groundings that accounting has on the money system and hence the economy enlightens truth and points the way toward real world economic solutions that are able to nullify the seeming power of vested self interests.

Add to this the fact that a monopolistic monetary and financial paradigm of Debt Only for the creation and distribution of money/credit must be de-stabilizing because if the system creates a flow of x + 1 of debt service costs and only creates x of monetary ability to service them….and the completely obvious solution (not palliative) to that paradigmatic problem…is a new paradigm.

Note: This is not the crank monetary idea that interest is the be all and end all of the problem as the system is unstable if the flow of debt service costs of loans at 0% interest exceed the flow of ability to repay those costs.

Then one needs to be aware of the signatures of historical paradigm changes like simplicity of the actual operation of new paradigms, complete conceptual opposition to the present paradigm, the complete inversion of present paradigm problematic realities, abundance and increased survival. Finally,  one needs to consider the new concept of mega paradigm change which is one which immediately, empirically and continuously affects virtually everyone and has “knock on” beneficial effects in areas not directly related to the body of knowledge/area of human endeavor that the new paradigm applies to. Examples of mega paradigm changes are the emergence of self awareness in the species and the change from hunting and gathering to agriculture, homesteading and urbanization. The new monetary and financial (and thus economic) paradigm of Direct and Reciprocal Monetary Gifting will be only the third mega paradigm change in human history.


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