Outline of Opening of Speech: The Monetary and Financial Paradigm

Ok, I’m giving you all the goodies along with a few preliminaries up front.

Would you like to immediately double your individual purchasing power with a single policy?

If you’re a businessman would you like to immediately see twice the amount of free and available money for your goods and services?

Would you like to get rid of virtually all of your student debt, or a very large chunk of your total debt?

Would you like to not only see the absolute end of inflation, but ironically and almost miraculously, see the beneficial integration of price deflation into profit making economic systems?

Would you like to see both the elimination of all transfer taxes for welfare, unemployment insurance and for social security and yet the immediate end of poverty for everyone and total income security for the elderly?

Would you like to see individual income and corporate taxes reduced to single digit percentages?

What are the 4 top reforms of MMT, Keen’s Minsky Financial Instability Hypothesis, Hudson’s Financial Parasitism and Public Banking trying to accomplish? Increasing the money supply without causing inflation. That’s what the policies of Wisdomics and the new monetary and financial paradigm do….in spades.

Would you like to see the integration of only the truths, only the most relevant applicabilities, only the highest workabilities and apply the highest ethical considerations in current opposing perspectives so that we can begin to build together instead of yelling and screaming at each other while the nation and its institutions continue to disintegrate? I think you would.

Maybe exclude: Last but not least would you like to finally begin effectively addressing the existential problem of climate change and the necessity of creating alternative energy sources for when we reach peak petroleum?

Then please lend me your ears and an open mind.


Preliminaries and Keys

In order to see a problem you have to actually look at it. If you don’t you may entirely miss a most basic problem. This applies for both structures and for the even more neglected “thing” known as paradigms.

This is what has happened with economics today where virtually all economists have been off in some thrice removed from reality abstraction looking for theoretical insights when both the theoretical and policy solutions are occuring all over the place and right in front of them millions of times a day. In other words they haven’t looked closely enough or at all at the actions that take place in the economic process itself, specifically at the strategic point of retail sale which is the point where production becomes consumption. Hence retail sale is the terminal cost summing, systemic ending and factor expression point for every consumer item or service. Thus a simple algebraic and accounting operation implemented at that point can have tremendous, yes paradigm changing and beneficial effect for all economic agents individual and commercial

The key to perceiving and understanding paradigm change is recognizing deep simplicities, not focusing on the entirely legitimate but mere dualistic argument creating effects of iconoclasm and/or the mere problem-identifying intellectual pursuit of complexity.

Deep simplicites create integrative change and a thirdness greater oneness of more complete change. Paradigm changes are deep simplicities. In fact they are always single concepts that fit seamlessly within and change the complexities of an entire pattern. For instance they are helio-centrism as opposed to terra-centrism, they are agriculture, homesteading and urbanization instead of nomadic hunting and gathering, they are technologically created communications as opposed to only handwritten ones and they are always freedom from dominating, enslaving and/or problematic monopolies whether ideological or structural like for instance the Reformation was from the monopoly on the sacraments that the Catholic church had at that time.

Signatures of Historical Paradigm Changes

Becoming aware of the historical signatures of paradigm changes is also a great guide to perceiving and understanding them. Here are the major signatures of genuine paradigm changes:

1) Conceptual opposition examples

2) Inversion of present paradigm reality examples

3) Discovery of new insight and/or new tool examples

4) End of dominating monopolies while also seamlessly integrating into all of the legitimate structures of the current paradigm examples

How new monetary and financial paradigm accomplishes all

Completes the goals of the top reforms

I want to say that what I’m presenting to you today is the policy completion and accomplishment of the leading economic economists and reformers of the day. I’ve already mentioned that Steve Keen and Michaelf Hudson, who are two of the handful of people that saw the GFC in 2008 coming before it occurred, and whose instability hypothesis and assertion of financial parasitism affirm what I say in my book about the need for a new paradigm in finance.

The same is true of people like Warren Mosler whose MMT Modern Monetary Theory aligns with my policies but just doesn’t have the specific policy insights to make the money system serve us instead of dominate us.

Public Banking wants to stop the costly and de-stabilizing tendencies of the too big to fail banks, they again just don’t have the policy insights and regulations to make money and finance work for us instead of against us….and Wisdomics does have them.


Okay. We’re almost there to revealing the simple policies that will accomplish the new paradigm, but first, lets understand the most important basics about money. Money has many characteristics, but it is most basically accounting and hence must obey the conventions of accounting, most applicably, the summing of equal debits and credits must and will always equal zero. That, and presently, money is virtually always created only as Debt. That only-ness is a very powerful monopoly especially because money is the life’s blood of individual and systemic economic freedom….and such a monopoly is contradictory in an alleged competitive free market system.

True and actual ending points are always potentially powerful change points because true ending points are also the final summing and expression points for all relevant factors in a system or process. In the economic system the terminal ending, summing of costs and prices and relevant factor expression point is retail sale.

It’s extremely important to recognize the paradigm changing power for policy at the strategic ending and pivoting point where production becomes consumption and thus leaves the economy. And again, that point is retail sale, and a possible new ending point is at the point of loan signing.

Show how 50% discount/rebate policies work.

Important: Recognizing the truth that everything adapts to a genuine new paradigm, not the other way around. In other words a paradigm change is not just palliative and piecemeal reform, it’s an entire pattern change

The concept of the mega-paradigm change.


1) Immediacy, universality and continuousness of beneficial change for both the individual and systems.

2) Beneficial effects in systems, areas of human endeavor/bodies of knowledge not directly related to the area of the paradigm change proper.

3) Raises the survivability of the entire human species and even other species and the planet as well.


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