Posted To Mish Shedlock’s Blog 09/10/2026

What everyone here, in government on both sides of the aisle and the pundit world in general gets wrong about money and debt is that using the RECIPROCAL nature of doube entry bookkeeping’s operations of equal debits and credits that sum to zero and implementing a 50% Discount/Rebate policy at the various points of retail sale WITH PLAIN OLD MONEY INSTEAD OF MONEY THAT IS DEBT…RESOLVES THE DEEPEST PROBLEMS OF MODERN ECONOMIES AND ALSO MAKES DIVIDEND CHECKS, UBI, AND GENERAL PROFITABILITY A REALITY.

Trump doesn’t know this, but he knows he’s in big trouble in the mid terms so he’ll float MONETARY GIFTING to try to negate the negative trend…and then drop it exactly like he has before.

Whichever party recognizes the new monetary paradigm of gifting could win a greater political coalition than The New Deal. Just open your mind to the policy effects. It won’t kill you.

Steve Hummel 09/10/2026

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