All of the falderal of monetary and economic theoretics is a chaotic system of thought because there are no “known and enforceable barriers” …within which human freedom can actually exist. You point this out all the time yourself Mish. FED policy is ham handed, ineffective and cow tows to the private banking system’s monopoly paradigm for the creation and distribution of all new money. 2008 is the perfect example of this where the banks caused the problem and then they got bailed out and everyone else had to go scratch.

Integrating the new paradigm policy framework of Strategic Monetary Gifting into the Debt Only system IS THE ANSWER first and foremost with a 50% Discount/Rebate at regular consumer retail sale and the retail point of Finance. Every new paradigm has always been in complete conceptual opposition to the present anomalous concept. Examples: geo-centrism to helio-centrism, nomadic tribal hunting and gathering to homesteading, urbanization and agriculture, Debt Only to Debt and Monetary Gifting.

Liberals/socialists and conservatives/libertarians alike need to drop their allegiance to rigid orthodoxies and consult the history of paradigm change.

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