Posted To Stephanie Kelton’s Substack Newsletter 07/18/2025

MMT is a great reform, but it misses the fact that “free” market theoretics is a fetishized misnomer for destabilizing domination by Finance and its monopoly paradigm for the creation and distribution of new money AKA Debt ONLY.

It also misses the temporal universe fact that retail sale is the single universally participated in/thus aggregative as in macro-economic point in the entire economic process and hence it is the perfect place to implement monetary policy with a 50% Discount/Rebate which simultaneously doubles everyone’s purchasing policy while transforming chronic erosive inflation into beneficial price and asset deflation. New conceptual realities, inversion of temporal universe realities and the destruction of long held orthodoxies are all primary signatures of historical paradigm changes. MMT: good palliative. Strategic Monetary Gifting: paradigm change.

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