Fiscal austerity is just a culturally regressive tool that private finance utilizes to re-inforce their monopoly paradigm of Debt Only/Burden to Repay as the sole form and vehicle for the creation of new money.

As every new paradigm has historically been in complete conceptual opposition to the present/old paradigm that makes the new paradigm Monetary Gifting, specifically Direct and Reciprocal Monetary Gifting.

This expanded label reflects the wonderful tool and reality anchoring discipline of accounting which is the way the Banks create our money and that we can also utilize to integrate the new paradigm into the economy. There is an evolving 20+ policy program in my book beginning with the precise expression of the new paradigm a 50% Discount (debit) to the consumer at retail sale all of which is Rebated back (credited) to the merchant giving the discount so they are made whole on their entire price. As everyone participates in retail sale (a new macro-economic insight in and of itself that has gone unrecognized a billion times per day since forever and is the perfect place to macro-economically implement the new monetary paradigm)…a 50% discount at retail sale would enable the individual to purchase a $60k Tesla for $30k and a $400k house for $200k thus immediately doubling everyone’s purchasing power, greatly increasing the demand for every enterprise’s goods and services, ending inflation forever and lowering the rate of private indebtedness severely…all in one fell swoop.

Would you like this? Start a mass movement to communicate the new monetary paradigm’s benefits to the individual instead of trying to get ego-involved academics to change their curricula.

In my book I’ve got policies that curb consumption by requiring a sliding scale percentage of gifted money be invested in eco-bonds at 5-6% which along with fiscal deficits could fund climate change research and the mega-projects necessary to confront that problem. I’ve even got a policy that private banks would find hard to refuse and that would further lower the amount financed for the above Tesla and house by another 50%.

Time to take the new monetary paradigm to the streets…”by any and all technological means necessary”.