Key Insight Posted To Stephanie Kelton’s Substack Newsletter 01/24/2026

RM: I believe Stephanie and other MMT’rs have said that “deficit” is more a reflection of the accounting than the function/purpose, e.g., “Monetary Gift.”

Me: Yes, but what they need to do is recognize that Gifting IS the new monetary and economic paradigm (which Stephanie and other cutting edge economists have given no indication of such by not responding to my posts and policies regarding that…even though they all suggest various lesser direct and universally beneficial forms of Gifting…as THEIR solutions). To me this indicates that they haven’t yet CONSCIOUSLY recognized Strategic Monetary Gifting as the actual paradigm/APPLIED concept,…or there’s ego involvement in their palliatives. I’m sorry, all of Stephanie, Steve Keen, Michael Hudson etc. are undeniably brilliant systemic analyists, but they do not do paradigmatic/conceptual analysis…and thats where the real power for systemic change is found.

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