What was the deepest reason humanity was able to ascend out of the unconscious routine of mere survival? Was it simply intelligence? Or was it the ultimate intelligence of wisdom and its pinnacle experience of grace as in love in action for your own, for yourself and for what is gloriously all about you?

I submit that it is of course the latter, and that we must consciously re-discover and begin to affirm this fact despite the many opportunities for distraction we’ve invented, and our penchant for loving problems even more than we desire solutions.

Let us proceed with post haste in the applications of grace to our selves, to others and to our various systems. The clock is ticking louder and louder and approaching midnight. May grace be continually with you and in you.

Amongst the distraction, sugar induced “high” of American processed food and outright error of my life I have still always been guided two impulses: freedom and the postulate I made as a young child after hearing the grief and shock in my mother’s voice after she heard from her mother that her father had died in an automobile accident. This disturbed me of course and I promptly grabbed a bible and went to our basement and walked around vowing to obey whatever I read in it. Luckily, if you open the bible in the middle you usually come up in either Psalms or Proverbs and in this case it was Proverbs where I recall reading the following snippets of several verses: “Get knowledge, Get wisdom, Get understanding.” Ah, what a dual curse and incredible blessing that decision would evoke as a curious but slow learner gradually learned that knowledge as in data increases dualitycomplexity/potential conflict unless you utilize the intentional integrative mental process of wisdom which opens one up to experience the thirdness greater unitary oneness of understanding also know as the flowing state of grace which is the integration of you own attention/consciousness with a nascent experience of the electro-magnetic emanation of everything around us. Bliss is bliss, no matter how one frames it. The only thing really important is to experience it.

Paradigms are single concepts that describe the essences and operant factors within the complexities of entire patterns. Hence they are quintessentially integrative phenomena, that is a single-ness describing a complex-ness. It follows logically that a new paradigm is also even more integrative in that it is both a mental and temporal universe change.

In the paradigm change concept of Direct and Reciprocal Monetary Gifting we also have as proof of its paradigmatic validity in that it uses the accounting actions of debits and credits to effect its changes. Accounting/double entry bookkeeping is probably the most empirical and temporal universe tied discipline that humanity has ever invented. In other words it is as reality based as you can get, and it creates and ties the paradigmatic concept of the new monetary paradigm and its policies directly and reciprocally to their intended temporal effects.

I would rather bribe enterprise into aligning itself with ecological sustainability via the policies of the new monetary paradigm than hope that some mere theoretical economic tweek of the system will somehow enable us to go where we haven’t gone in over 50 years. So long as we continue to miss the underlying problem of the present monetary and financial paradigm and so do not change it we will blindly continue to walk toward the sixth great extinction event.

Survival trumps every other consideration to the rational individual no matter how erudite or influencial they may otherwise be.

Me: MMT is correct theory and sustainability is necessary. But what keeps enterprise, the economic system and individuals from embracing both of them and the progress they would bring? Their cost is the short answer. What if there was a way to make everything, and most especially green products and green proposals, so much cheaper that there would be a bottom up upswell in the products and in the viability of the proposals? The way to do that is to integrate the new monetary paradigm of Direct and Reciprocal Monetary Gifting into the current monopolistic paradigm of Debt Only with a 50% Discount/Rebate policy at retail sale and a second 50% Debt Jubilee policy for all big ticket and green products at the point of note signing. End the cost increasing factor of inflation forever and make ecological sustainability not only palatable to enterprise, but the “go to” area for sales and profit. Change the monetary paradigm and change the world…before its too late.

Mark F:

Understanding what is described by MMT, “cost” becomes the least important item of any federal budget discussion and how the bill will be resourced becomes the priority.

Anything achievable is absolutely affordable for the sole legal issuer of the US dollar, the US Government. For example, if National Improved Medicare For All is on the table, we need to know if the availability of healthcare professionals and number of facilities are sufficient to care for all who can now get the care they need after the bill is signed into law.

The question of how the Government will pay is answered by pointing out that all federal spending is financed one way, be it bombs, tanks, or whatever the US Government wants to purchase from the domestic and foreign private sector. Federal spending is financed by Congressional appropriations. The US Government is self-financed and Federal taxes do not and cannot pay for any Federal spending.

Me: I’m not disputing the fact that the US gov is monetarily sovereign etc. etc. What I’m trying to communicate is the benefits of a monetary paradigm change. A change that would not only end inflation forever (which by the way would rationally end any {already false} argument that government deficits are inflationary and so pave the way for the fiscal spending necessary to confront climate change), but do the impossible so far as any present economic theory is concerned, namely integrate beneficial price and asset DEFLATION into profit making economic systems. Inversion of mental and temporal universe orthodox reality is a cardinal signature of historical paradigm changes (the Copernican cosmological paradigm change was nothing more and certainly nothing less than the inversion of the positions of the earth and the sun for instance). That’s what the new monetary paradigm of Direct and Reciprocal Monetary Gifting does and a 50% Discount/Rebate policy at the point of retail sale and a 50% debt jubilee at the point of note signing are exact expressions of that new paradigm.

MLK’s guaranteed income, end of political gridlock, end of false capitalist/socialist duality gridlock,

end of inflation/objection to fiscal deficits false duality,

Indignation and truth telling is a derivative of the natural philosophical and ethical concept of grace/graciousness. The truth dispels untruth, and even the more subtle and dangerous problem of unconscious/unwitting alligiance to the half-truths of dualistic orthodoxies whose time has passed. Progress with the thirdness greater oneness of the new monetary paradigm.

Integrating the new monetary paradigm of Direct and Reciprocal Monetary Gifting and its policies into the current monopolistic monetary paradigm of Debt Only is what will enable us to unite and accomplish all of the liberal progressive reforms we all have worked for over the years.

For instance, a 50% Discount/Rebate policy at the point of retail sale effectively changes the chronic inflationary nature of capitalist economies…into BENEFICIAL price and asset DE-flation. If you empirically end ANY possibility of inflation the entire libertarian/conservative argument against fiscal deficits goes “POOF”. …and funding of every necessary social, economic and ecological reform is consequently enabled.

Pair a $1000/mo. universal dividend with the 50% Discount/Rebate policy for everyone 18 years of age and older guarantees them $2000/mo. worth of purchasing power FOR LIFE, which would make the payroll taxes every working person and every enterprise pays for welfare, unemployment insurance and even for social security redundent and thus would enable us to eliminate them, paving the way for the integration of the interests of business and consumers/workers and ending the political gridlock that prevents such UNIVERSAL benefit.

Pair the above two policies with a second discount/debt jubilee policy at the point of loan signing of 25% for every loan and 50% for every big ticket loan for any green product like solar panels, EVs and home battery storage…and you could begin a green consumer product upswell…instead of ignoring the necessity of such reality for another 50 years.

Our social, economic, political and ecological problems are ALL kept in suspension by the current monopolistic paradigm. Change that, and you change the world.

Robert, I don’t disagree in any way with your insight that the corporate power structure is a massive obstruction to what needs to get done in the world. What I’m concerned with however is the core of that core problem which is the human civilization long dominance of everyone and every commercial entity that isn’t operating hand in glove with that core problem, namely Finance and its monetary and financial paradigm of Debt Only as the sole form and vehicle for the creation and distribution of money.

Integrate the new monetary paradigm of Gifting into the debt only based system in a way that 1) starkly benefits all legitimate economic agents both commercial and individual, 2) isolates Finance as the underlying problem and 3) also uses both a carrot and stick taxation means of herding corporate powers with global reach.

The means of doing this could be 1) tandem 50% discount/rebate policies at the point of retail sale and a 50% debt jubilee at the point of loan signing, and 2) tax cuts of 50% for all businesses who do not inflate their prices, but compete and innovate on price, and 3) SEVERE, as in a 100% rate of taxation, on any revenue garnered from arbitrary price rises unjustified by ACTUAL OVERALL costs. After all, in a fiat monetary system like we actually have, we only need reasonable taxation rates that guarantee commercial compliance with the law…and yet the sovereign power to make damned good and sure that such a reasonable system is not gamed.

I hasten to point out that 1) a 50% discount/rebate policy at retail sale immediately doubles everyone’s purchasing power (as in making even a minumum wage of $7.35/hr able to purchase at a rate of $14.70/hr) and 2) also doubles the potential demand for every enterprise’s goods and services (but will only raise it mostly for the poor and unemployed because everyone is not going to eat twice as much as they did before or go out and buy twice as many shoes as they have been buying).

I also hasten to point out that a 50% debt jubilee at the point of loan signing will 1) not only enable a $400k house that has been reduced to $200k by the discount/rebate policy at retail sale (yet the home building corporation gets their full price with the rebate aspect of the policy) becomes $100k with the 50% debt jubilee policy. The ancients utilized periodic debt jubilees to reset and stabilize their economies and social systems. Integrate debt jubilee directly into the economic process with a 50% reduction at the point of loan signing and it will permanently stabilize the economy, and the graciously beneficial effects of the above policies will put the lie to the irrational generalization of conservative/libertarian economists that the government is always the problem.

Implement monetary grace as in gifting into the economy…and the social system will awaken to peace…instead of rebellion.

The discount is simply an accounting entry opened up by the retailer, and the rebate is the monetary authority creating the exact amount of money that balances/zeros out the account. This is how banks create our money now (with accounting entries) except it’s always ONLY in the form of debt while this policy has the monetary authority (the FED or some other body specifically mandated to execute the policy) create it as a gift of money. The beauty of the policy is it injects more money into the economy while simultaneously doing the impossible so far as orthodox economic theory is concerned, that is it empirically integrates beneficial price and asset deflation into profit making economic systems. If you do a cursury examination of historical paradigm changes you will discover that complete mental and temporal inversion of reality is the cardinal signature of paradigm changes…and that is exactly what this single policy accomplishes.

Robert. You’re video is spot on regarding the historical details of the decline we’ve been in since the mid 70’s. What I’m interested in is identifying the underlying problem that aligns and keeps in suspension the multi-pronged socio-economic, psychological and political problems we’re sitting in, and then starting a mass movement to communicate the universal benefits available by resolving it.

All of the leading monetary and economic reforms of Steve Keen’s Minsky’s Financial Instability Hypothesis, Mosler/Wray/Kelton’s Modern Monetary Theory, Ellen Brown’s Public Banking, Universal Basic Income and Michael Hudson’s Monopolistic Financial Parasitism describe aspects of this underlying problem. However, they do not identify the singular new monetary and financial paradigm concept so that a focused policy program that aligns all of the reforms, integrates the self interests of traditionally opposed economic and political constituencies and makes clear the obvious overwhelming benefits to the individual can be communicated in that movement in order to herd the entirety of the political apparatus toward implementing it. Is that grand? Yes, but new paradigms after all are ENTIRE pattern changes, and paradoxically conceptually they are also THE deep simplicity/single concept that resolves the problematic aspects of the old/current paradigm.

So what is the new paradigm concept I’m talking about? It is Direct and Reciprocal Monetary Gifting. What is UBI? Monetary Gifting. What are fiscal deficits? Monetary Gifting to private contractors and needed government programs. What keeps conservative pols and voters and commercial agents from agreeing to the needed government programs liberals want to pass? The fear of inflation and the additional costs they mistakenly think such programs will cost them. But what if we heralded a policy that a) not only ended inflation forever, but integrated BENEFICIAL price and asset DEFLATION into profit making economic systems, b) immediately, continuously, empirically and mathematically doubled everyone’s purchasing power and (potentially) doubled the free and available demand for every enterprise’s goods and services c)…just how drop dead politically integrative and powerful could that policy and its aligned program be???

That policy, which is also an exact expression of the new monetary and financial paradigm concept itself, is a 50% Discount to consumers at the point of retail sale, all of which discount is Rebated back to the merchant granting it to consumers, by the monetary authority, so that those merchants can be made whole on their overheads and profit margins.

And by the way, there are other policies and other integrative political and economic benefits possible to be crafted out of the new paradigm concept. Can you comment on this at all Robert. Thank you.