Posted To Steve Keen’s Substack Newsletter 10/27/2026

I don’t disagree with anything you say in this post. I only suggest that we give every economic agent, both individual and commercial, an account at the central bank, and then to implement a 50% Discount/Rebate at the various points of retail sale and mandate that the central bank create and distribute the rebate aspect of that policy This does what the Copernican cosmological paradigm change did to Ptolemic cosmology…to the Quantity Theory of Money and Its alleged necessary inflationary effect, that is, it invalidates it and inverts the temporal universe reality which is from chronic erosive inflation to beneficial price and asset deflation.

Presently, the central bank is the handmaiden of the banks in “normal” economic times and its bail bondsman when Finance destabilizes the economy with its monopoly paradigm for the creation and distribution of all new money which is Debt Only.

Give every economic agent an account at the central bank and implement the above policy and the result will be that the new monetary and economic paradigm of Strategic Monetary Gifting will be integrated into the economy and it will out profitability capitalism and simultaneously out economic democracy socialism thus creating a thirdness greater oneness of that problematic duality AKA a Wisdomics-Gracenomics.

wisdomicsblog.com

Steve Hummel 10/27/2026

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