Fisher kept his mind open even after suffering from the negative effects of fallacious orthodoxy. That takes self reflective wisdom and a brave and insightful willingness to embrace complete conceptual opposition which is one of the signatures of imminent paradigm change.

Minsky is a very good macro-economic tool but the truth is a lot of calculus isn’t necessary when an operant concept is identified and the point of a policy expressing it has universal/macro-economic effects. Retail sale is such a point as it is universally participated in, and is the terminal ending point of the entire legitimate economic process where production exits the economy and becomes consumption so by definition it then is also the terminal expression point for virtually all significant economic factors…like for instance inflation. Just keep doing the simple math on the 50% Discount/Rebate policy at the point of retail sale until its macro-economic effects blow your economic mind.

We require a grand integration of the left and right political and economic perspectives and that is exactly what the new monetary and financial paradigm will accomplish. Changing the monopolistic monetary paradigm of Debt Only as the sole form and vehicle for the creation and distribution of new money with strategically implemented Monetary Gifting will integrate the self interests of both the consumer and enterprise. Unfortunately neither the left or right will presently embrace it because its too philosophically radical, requires that one drop their own orthodoxies and goes against the King, namely Finance. But if it ever gets a platform so everyone sees that a single one of its policies will immediately double their purchasing power, potentially doubles demand for every consumer product and service all while forever ending inflation…the first political party to embrace it will have an unbeatable coalition much greater than Roosevelt’s after the Great Depression.

“To see the world in a grain of sand,
And a heaven in a wild flower,
Hold infinity in the palm of your hand
And eternity in one hour.”

William Blake’s famous lines are not only beautiful poetry they were a mindset that is able to integrate cutting edge science and natural spirituality simply by focusing one’s attention on the incredible diversity in everyone’s immediate environment until you see it as a child does…new and vibrant in every moment.

Science has established that we actually live in a continuous milieu of electro-magnetic emanation. We can’t see that emanation because our eyes aren’t electron microscopes, but we can nascently perceive it by focusing our attention on perceiving any object in the present time environment. I do this routinely every time I take a walk anymore and it always evokes a joy and amazement at the diversity of my environment that I generally miss. It also gives me a heightened perception of each moment of time, an almost palpable sense of the space around me and an increased sense of the solidity of objects at a distance. This I believe is why zen buddhist monks gaze at walls and why Christ said: “If you want to enter the kingdom of heaven ye must become as little children.” The monks are simply trying to bring their full consciousness into present time and integrate it with the constant mileu mentioned above. Christ’s declaration was not meant for for us to ignore everything that isn’t perfect, but rather to see it directly instead of via our abstractions and biases precisely like a child does. The experience of god is in experiencing and wedding our consciousness with the graceful, dynamic emanation of whatever is in our present moment. This is a completely natural yet no less ecstatic spirituality.

GM: I agree that an increasing money supply is not a cause of inflation, or, as you at least admit, not the primary cause.

Thanks for the meandering trail into why some may have failed to grasp the cause, but one is no more enlightened on cause in reading your nonsense than one who didn’t.

So what is the cause of inflation, if its so simple, but yet invites derision?

And there is no Space-Time because there is no such thing as Time, or at least not what one knows as Time.

Me: The primary cause of inflation is economic theorists advocating the rigid orthodoxy of free marketism when free marketism actually leads them to advocate chaos, that is no or in the case of liberal theorists palliative regulation. The new applied paradigm concept implemented at retail sale with a 50% Discount/Rebate policy mathematically ends any possibility of inflation and ushers in so many immediate and “knock on” benefits for virtually all economic agents that it is a paradigm change in economics and the money system all by itself. There is an entire new paradigm policy program of course because in the temporal human universe even a legitimate paradigm change can be idiotically and/or ethically gamed.

If you don’t think the 50% discount/rebate policy at retail sale will end inflation just keep doing the simple math until it clicks into your mind. And no other economic agents before retail sale won’t just inflate prices 50% because 1) if they did and just one of their competitors didn’t also wildly inflate just how much market share would the unethical, anti-social CEO lose??? And 2) the incredible tax cuts all enterprises will receive as one of the “knock on” benefits of the new paradigm program will be forfeited, and any revenue garnered or not by inflating their prices will be taxed at a rate of 100%. Wonderful carrots and and awesome sticks that align with a new paradigm concept. Now that is the kind of regulation all but a terminally orthodox or nutso businessman can go for…big time.

By the way the second most conceptually aligned policy of the new paradigm program is a 25-50% Discount/Debt Jubilee policy at the point of loan signing. That means that a $400k home gets reduced to $200k at retail sale and at point of loan signing its price and final amount financed is $100k. A $60 k Tesla becomes $30k at retail and $15k at loan signing. A $40k internal combustion auto becomes $20k at retail and $15k at loan signing.

Just keep doing the simple math. Eventually it blows any lingering economic or financial orthodoxies away.

Retail sale is universally participated in. It is also the terminal ending point of the entire economic/productive process where production exits the economy and becomes consumption. Hence it is the terminal summing point of all costs, price, including profit for every item or service, and also the terminal expression point for any and all economic factors, like for instance inflation.

Put all of these facts together and the monetary policy of a 50% Discount to the consumer at retail sale all of which is Rebated back to the merchant granting it to the consumer by a monetary authority mandated to do so doesn’t even need all of the complex calculus that normally is necessary to define and discern such macro-economic effect. In other words the macro-economic effect is accomplished by the point in space and time of the policy itself.

Yep. Yep. Yep. Just another thing that monetary sovereignty can bestow.

One of the things this nation also needs is to go after Big AG and the criminal way they have depleted the soil of nutrients so that an apple (and every other fruit and vegetable) now only has 20% of the vitamin and mineral levels they had 40-50 years ago. Also, the pharmaceutical industry that took glyphosate which was originally an anto-biotic and sprayed it EVERYWHERE and its killing our microbiome and helping to create the epidemics of diabetes and auto-immune diseases we see afflicting a high percentage of the American population.

Big AG, the pharma corps and the sugar lobby REALLY need to be re-worked and punished severely if they don’t wake up and stop slowly poisoning us. I know. I used to be a believer in allopathic medicine, but the cutting edge of science is nutrion and the microbiome. I was a sugar addict all my life. Thats on me. However, when I gave up 99% of sugar and began to eat nothing but organic vegs and fruits I lost 45lbs., got off several of my meds after the doctor almost fainted when my A1C went from 8.7 to 4.2 and I’ve got a spring in my step I hadn’t had in 30 years.

One of the things we could do to both de-centralize our food system and save water is incentivise quasi-universal organic gardening and the process of turning grass yards into such food gardens. We need to do this like yesterday because when the soil is worthless…its a survival problem.

Oh yeah, and a 50% Discount/Rebate policy at retail sale is again the beginning of the end of the “inflation is always and everywhere a monetary phenomenon” fallacy touted by the conservative and libertarian right and the beginning of real teeth in a climate change agenda that is also needed yesterday. :))

Regardless of whether or not our tax dollars pay for government, the fact of the monetarily sovereign nature of our currency makes the paying reality moot. This is especially so when the 50% Discount/Rebate policy at retail sale is implemented because with simple and easily enforceable regulation that policy all by itself forever eliminates the harm caused by price and asset inflation which is the primary justification for fiscal austerity by conservative and libertarian economic pundits.

Being the wholistic/operant concept level of analysis for an entire pattern/complexity it is in complete conceptual opposition to science’s reductive methodology.

Also, paradigms are long term acculturated/habituated “things” which, like breathing, makes them largely unconscious phenomena and hence all the more difficult to perceive and realize the significance thereof.

The realization of the power and significance of a monetary policy of a 50% Discount/Rebate policy at the point of retail sale is the equivalent of both Gallileo’s observation of the moons of Jupiter and Kepler’s discovery of elliptical orbits because it clarifies the new paradigm concept and makes everything in multiple systems and bodies of knowledge work better and work for the benefit of all.

It changes everything and resolves the major problems that have grown up around the present monetary and financial paradigm of Debt Only as the sole form and vehicle for the creation and/or distribution of new money.

Retail sale is universally participated in. Thus a 50% discount to the price of virtually every consumer good or service has the macro-economic effect of:

1. ending any possibility of inflation, immediately doubles everyone’s purchasing power and
2. potentially doubles the demand for every enterprise’s goods and services.
3. It makes everything work much, much bettter, makes the system serve mankind instead of having to slavishly serve the system.
4. It enables many more “knock on” benefits like the great reduction and even elimination of many taxes.
5. It also enables the effective use of taxation to prevent and/or to stop attempts to game and de-stabilize the new monetary and financial paradigm because it enables the ethical and humane administration of the aspect of the natural philosophical concept of grace known as sovereignty, that is, the ethically guided and redeemed use of power.
6. Because it ends inflation forever it enables the kind of fiscal deficits necessary to confront and handle climate change
7. Paired with cultural programs that align with the natural philosophical concept of grace it will have major positive sociolgical and psychological effects on the individual and society.
8. As everyone daily and sometimes multiple times daily participates in retail sale this single policy creates a solid temporal universe infrastructure for the conscious (or even the unconscious) self actualization of gratitude, which is a major aspect of the natural philosophical concept of grace, and so could be a major step in the permanent raising of human psychology/spirituality and the elimination of a major hurdle to the attainment of a new zeitgeist from Only Power, Profit and Control to Redeemed Power, Profit and Control.
9. It could be the next mega-paradigm change of which there has only been two or three in the entire history of the human species (The emergence of self awareness in hominids and hence the birth of homo sapiens sapiens, The change from nomadic hunting and gathering to agriculture, homesteading and urbanization and possibly cybernation and artificial intelligence)

As love is:

1) the universally recognized highest spiritual value,

2) grace/graciousness is the active and personal form of love,

3) policy is the action of systems

4) unity is a major and yet neglected aspect of grace (primarily because science has become a quasi-monopolistic paradigm for intellectual inquiry) [this is not a critique of science itself, merely the recognition that its reductive method has become quasi-monopolistic and hence a problem specifically because this tends to inhibit both consciousness of and utilization of the unitarian aspect of the natural philosophical concept of grace and

5) Finally, it can be historically verified that all paradigm changes have always been both mental realizations and temporal universe applications of aspects of the natural philosophical concept of grace.

Then: the temporal universe application of the policies of the new monetary and financial paradigm may become a major moment in the conscious realization of the natural philosophical concept of grace leading to a potential union of the presently largely supposed opposite realities of science and spirituality.

We live in a continual mileu of an electro-magnetic flux. We being our human attention, and that integrated thoroughly with such flux is the higher consciousness that all of the world’s wisdom traditions point to as the experience of god.

Grace isn’t always pleasant, but it IS always ecstatic. For instance if you cut your finger badly the pain may be unpleasant, but your conscious experience of it is constructive, instructive and even soothing.