Suggest we legislate a 50% Discount for virtually every retail product which means we are implementing beneficial price and asset deflation because everyone pays only $50 for $100 worth of groceries, $30k for a $60k EV, $250k for a $500k house and only pay 50% of their insurance premiums and mortgage payments, but because the FED or the government rebates every cent of the discount back to the merchant they get their full price…if they compete and innovate instead of inflating. And, if they do inflate, any revenue they may get is taxed at a rate of 100%. I mean if their response to a single policy doubling the potential demand for everyone of their goods and services is to attempt to destabilize that benefit to the consumer…is that showing good will toward their customers???

This policy simply applies MTT’s correct observation that equal debits and credits/double entry bookeeping/accounting is how new money is actually created…it simply creates it as a gift…that resolves inflation instead of causing it, benefits both consumer and merchant and breaks up the monopolistic monetary paradigm that new money must ONLY be created as debt that has always backfired on both businesses and the individual whether the money creating power is in the hands of The Pallace or the Banks.

Stephanie you must suggest this policy. You can do the simple algebra (-50% of price discounted to the consumer + 50% of price rebated back to the merchant = them getting their full price, a doubling of demand for the merchant but no additional cost to them) and the simple accounting (equal debits and credits that sum to zero). Have Moore be the consumer and you be the merchant and just dramatize the policy. Then ask him if he as the consumer experienced inflation or deflation and declare that you as the merchant are ecstatic because there is now potentially double the amount of demand for your goods and services than there was before the new monetary paradigm was implemented by this single policy. I can give you many other policies and regulations that answer all of the replies you’ll still get from the terminally orthodox like Moore as well as honest insights into the nature and effects of historical paradigm changes. C’mon, lets finally blow away the delusional current economic and monetary paradigms by making it Christmas every time we go to the store.

Stephanie,

If Copernicus, Gallileo and Kepler would not have said that the earth revolved around the sun instead of the sun revolving around earth (the inversion of both mental and temporal universe reality signature of every historical paradigm change) nothing would have changed in astro-physics for god knows how long.

And nothing will change the fact that money flows uphill in an oligarchy, new money creation is only allowed to be in the form of debt and private debt has always destabilized economies…until you or someone else has the guts to illogically but correctly declare that Strategic Monetary Gifting will not cause erosive inflation, but rather beneficial price and asset deflation, and among other benefits will reduce the rate of increase in private debt sufficiently that its human civilization-long destabilizing curse will be resigned to the dust bin of history the same as Ptolemaic cosmology has been.

Take the chance. Do the simple algebra and simple accounting operations of the policies I suggest and become the first authority to acknowledge the new monetary paradigm.

DJM: I’m sure you can explain how the national risk-free debt ain’t no prob

Me: 1) the national “debt” indeed ain’t no problem. 2) the monies created to rebate merchants’ discounts AIN’T DEBT JUST MONEY, and 3) because its distributed at the terminal ending point of the entire economic process where production exits the economy and becomes consumption, i.e. retail sale and 4) hence it is also at the terminal expression point for inflation 5) we’ve never had y/o/y inflation of 50% let alone moment to moment and so 6) the 50% Discount implements beneficial price and asset deflation and 7) along with the other carrot and stick tax and regulatory regime I’ve suggested before that stop various forms of greedflation and speculative financial “innovation” and align the economy with more rational goals and so 8) we end the fetish of “free” market theoretics and instead have a system that is designed to graciously create abundant free flowingness.

Its just my way of “offing the terminally orthodox conservatives, libertarians and sociopathic narcissists” whose delusional beliefs unconsciously enforce Finance’s current monopolistic monetary paradigm. So sad about the identity crisis, but it won’t kill them.