Much is said about money, but almost nothing is said about the idea behind the money system…which creates and enforces its realities both good and bad. The present applied concept behind money’s creation and distrbution is Debt Only as in Burden to Repay. The word Only designates it as a monopoly applied idea. All monopolies are problematic as they are dominating, and domination cannot be ethically justified. All paradigm changes are integrations of conceptually opposing ideas so the new applied monetary paradigm concept is Monetary Gifting. Strategically integrate Monetary Gifting into the Debt Only system and you’ll have a new paradigm and probably only the third mega-paradigm change in human history.

P.S. MMT is correct, it simply hasn’t consciously recognized the new monetary paradigm concept and applied it most strategically and directly as I have in my book Wisdomics-Gracenomics: The New Monetary Paradigm and Its Policies. For instance a job guarantee is a Gift of a job as are fiscal deficits Gifts to government contractors. However, their effects are not as aggregative/macro-economic as the 50% Discount/Rebate policy at retail sale I suggest in my book because EVERYONE participates in/feels the economic effects of retail sale. Hence the universally beneficial effects of this policy at this particular point in the economic process IS A NEW MACRO-ECONOMIC INSIGHT AS WELL AS A PARADIGM CHANGE IN A SINGLE POLICY. Do the simple math and observe the integrative problem resolving effects.