Cobe
Social Security is one of the best monetary and economic reforms we ever came up with, but it isn’t a paradigm change. However, strategically integrating the new monetary paradigm of Gifting into the current Debt Only system does everything Social Security does and a hell of a lot more like:
1) Immediately, continuously and mathematically doubling everyone’s purchasing power (a $500k house only costs one $250k and $100 of groceries is only $50 to the consumer for instance
2) Ending erosive inflation forever because with the discount at retail sale it goes from 1-3% to -50% on virtually everything which means you’ve implemented BENEFICIAL price and asset DEFLATION. Holy shit! What a mind blowing and orthodoxy destroying policy/paradigm change that is!!!
3) Getting a $1000/mo. universal dividend at age 18 gives every adult $2000/mo/$24k/yr. worth of purchasing power…for their entire adult life instead of having to wait for 45 years to get a benefit.
4) People vote their pocketbooks and the policies of the new monetary paradigm fill those up REAL WELL so its a political winner that everyone can see and feel instead of trying to get them to realize that the deficit is the private sector’s supplement.
MMT is also a good theory, but genuine paradigm changes integrate opposite beliefs and permanently resolve the major problems of the current anomalous paradigm. Thats what we need.
Finally, historical facts: 1) Everything adapts to a new paradigm, not the other way around and 2) Monetary Gifting implements every one of a list of signatures of historical paradigm changes.
Coberly: Hummel i still honestly cannot understand a word you are saying. most of your words sound like pseudo intellectual padding, and I can’t imagine how cutting the price of everything 50% will create the production need to supply the things they might want to buy.
Me: You’re making it harder than is necessary to understand. Just do the simple algebra and double entry bookkeeping and then LOOK at the temporal universe results those two policies accomplish. As for production, most factories are not operating at 100% capacity and the time between when these policies are generally broadcast and implemented all but the stupidest CEO will have ramped up additional productive capability. Throw in my policy of a sliding scale required investment in gifted money into 6% eco-energy & infrastructure treasury bonds to mitigate consumption and consider the fact that not everyone is going to eat twice as much as they do now or buy twice as many shoes, underwear, cosmetics etc. either. Everything adapts to a new paradigm, NOT THE OTHER WAY AROUND. Why? Because paradigm changes are the killers of orthodoxies on all sides. Consult history.
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Inflation IS the key anomalous part of the puzzle…and my twin 50% debit and credit policies at retail sale and point of loan signing terminally end it while simultaneously accomplishing one of the classic signatures of historical paradigm changes namely, inversion of temporal universe reality, by mathematically inverting/transforming chronic problematic erosive inflation into universally/macro-economically beneficial price and asset DEFLATION. Open your mind, look at it…and marvel that we didn’t see it as the solution since double entry bookkeeping was invented.