Quite correct regarding neo-classicals. But there’s another problem that lurks in human minds which is the failure or refusal to look at innovations…that actually affirm correct systemic analysis and increases the benefits of such innovations to all agents…like my 50% Discount/Rebate policies at the various points of retail sale.

You recently did a video where you said that decreasing private debt would increase the velocity of money and so stabilize the economy which I completely agree with. Thats why I’m wondering why you’re not on the bandwagon for the above policy because if everyone’s purchasing power is mathemtically doubled by that policy (everyone can purchase $100 worth of goods and services for only $50) and when the policy is applied at the retail point of finance (one’s mortgage, insurance, automobile or other big ticket item’s monthly payment) the already 50% reduced price of a $500k house ($250k) means the borrower only pays half of that monthly payment and yet with the rebate aspect of the policy the central bank pays the private bank 50% of the $250k loan payment which reduces the individual’s private indebtedness by 75% or the equivalent monthly payment of a $125k loan.

Such is the “miracle” of applying the reciprocality aspect of double entry bookkeeping and its over looked trinitarian effect namely a temporal universe reduction in cost/price/indebtedness with the 50% Discount/Rebate policy…and that would increase the velocity of money, yet implement beneficial price and asset deflation and with the rebate aspect of the policy every merchant gets their full price so no moral hazard there.

Other than a few additional rules to be followed by commercial agents in opting into this policy do you have any response to these effects…excluding the difficulties of getting it implmented which statistically do not appear valid to me?

Steve Hummel 09/11/2026