The key to switching from the neoclassical double bound energy blindness to a sane economics that can proceed to ecological sanity with post haste is to slay inflation…by mathematically implementing beneficial price and asset deflation utilizing the same method the banks create virtually all of our new money every year ONLY AS DEBT, namely the accounting operation of equal debits and credits that sum to zero, and where one side or the other of the T account is a monetary gift. To wit a 50% Discount debited to the consumer at retail sale and where the monetary authority credits/rebates back the entire amount of discount the merchant granted to the consumer. This ends inflation forever. No, hyperinflations do not occur before several disastrous circumstances occur first virtually all of which can be avoided by not going to war and with carrot and stick policies requiring only two brain cells in other places in the economic process.

Once you’ve done the above you close the argument by conservative, libertarian and even liberal pundits about the terribleness of government deficits and the way is open to fiscally fund the energy research and the mega-projects necessary to confront climate change including the under and off planeting of at least the worst carbon emitting means of production. We have to do what the Copernican cosmological paradigm did for astro-physics, namely conceptually and temporally invert the present paradigm. In this case we have to go to cosmic-production from geo-production…by changing the monetary paradigm from Debt ONLY by strategically integrating the new paradigm of Monetary Gifting into the economic process in the policy above and at the point of loan signing.