…Einstein’s quote that the purpose and process of inquiry should be “as simple as possible, but not too simple”. Which means it should seek Wisdom whose insights are by definition deep resolving simplicities like…Money is money, but creating it as both debt and as a gift solves more problems and brings more abundance…than allowing it to be MONOPOLISTICALLY created ONLY AS DEBT.

What AI doesn’t know (that the current monetary paradigm for the creation and distribution of all new money is Debt Only, and is a monopoly concept that keeps all of the major economic problems we’re trying to resolve in continual stimulation) of course limits its knowledge and perspective. If you use accounting’s basic operations to create new money simply as a gift to reduce price by 50% at significant points like retail sale which EVERYONE participates in and is effected by then everyone’s purchasing power is mathematically doubled….without any moral hazard. In other words tying reciprocally gifted price and money to the ultimate price of anything and everything benefits everyone and yet the merchant still gets their full price.

Paradigm changes are always beneficial changes. Its just that you have to actually look at their effects instead of merely computing on the orthodoxies they destroy.

Try running that at GROK Mish (and the other taxation policies of Wisdomics-Gracenomics I’ve posted here before). Educating AI might educate humans after all.

The new monetary paradigm transforms chronic erosive inflation into beneficial price and asset deflation and even quadruples the size of the market for creditable borrowers. So even though you’ll lose your dominating and destabilizing monopoly paradigm for the creation and distribution of new money you’ll still gain both monetarily and ethically. Indeed, when you pursue virtue instead of trying to impede it “Its a wonderful life!”

Politics: Conviviality. Trump is not convivial. Unity/Unifying. Trump is devisive. Integration/Togetherness. Trump uses blame, demagoguery and outright lies to create unnecessary and false separteness. Redemption/Redemptiveness/Redemptive Use of Power. Trump utilizes unconstitutional power to hurt, harm, punish, dominate and manipulate.

Media: Grace is action as in looking and knowing instead of dogmas/orthodoxies which are already decided repetitive mental computing and so not looking, knowing or even thinking. Much of media is outrightly biased or at least does not adequately rise to the objectivity of looking and knowing. Discernment of Thirdness Greater Oneness/Wisdom: Media and the entire mindset fomented by gross right/wrong moralism leads to modernity’s obsessive egotism and thus unwillingness to see and embrace Thirdness Greater Oneness/Wisdom.

Economics:

I completely agree that increasing public infrastructure projects is a good idea, and your history of the FED and the government is spot on as well. One thing I’d like to add to your analysis is the fact that the vast majority of money creation is funneled through enterprise and government projects and only “trickles down” to the individual. This paradigm of Indirectness is not only inefficient it actually re-inforces the power of oligarchy. Don’t get me wrong direct funding of public and private projects is also legitimate…its the monopoly paradigm of Indirect Funding ONLY that is the problem. And this is why Direct funding with a universal dividend and a 50% Discount/Rebate policy at retail sale..along with public and private projects…would enable even greater, more stable and democratic growth and development.

Another thing if I may. The framework of “Free” Market Theoretics that neo-liberal and libertarian economists throw around is actually a misnomer for chaos because it has become a fetishization AKA TOTAL FREEDOM…when there is only freedom within known and enforceable barriers…because there’s this little thing called ethics/the rational consideration of mere morals. So chaos is absolutely not good, growing the productive economy along with public indirect funding enables a little freedom for the general populace and both indirect and DIRECT funding greatly increases that freedom. Good example of this freedom and establishing known and enforceable barriers would be the above two policies that would double everyone’s purchasing power while transforming chronic erosive inflation into beneficial price and asset deflation…and then saying to enterprise: Okay, in exchange for doubling the potential demand for your goods and services with these policies you can raise your prices in a way that causes an honest assessment of monthly calculated and per annum inflation of 2%, but any higher price raising and particularly any “greedflation” will now be taxed at a rate of at least 100%.

Stratwgic Direct non-debt funding is a monopoly busting, freeing, integrative of long standing opposing self interests, a bureaucracy busting phenomenon, and even a psychological/social/spiritually beneficial applied concept.

Examples: Monopoly…shown above, Freeing…also shown above,Traditionally opposed self interests…shown above, bureaucracy busting…with a $1000/mo. universal dividend and a 50% Discount/Rebate at retail sale why would we need most of the welfare and unemployment insurance payroll taxes? psychological/social/spiritually beneficial applied concept…going to the store to receive a gift of 50% of the price of virtually everything and everyone participates/is effected by retail sale…its Christmas everyday and the greatest opportunity to self actualize gratiude for a gift since meditation and prayer.

The 50% Discount/Rebate policy at retail sale ends inflation and enables us to implement a new mandate for the FED that doesn’t just re-inforce private banking’s monopoly paradigm of Debt Only for the creation and distribution of all new money, but rather guides money creation and investment toward rational and ethical goals that protect the planet and humanely re-align economic systems.

Do this by mandating the Treasury to create guaranteed Eco-Energy R & D bonds at a rate of 5-6% and then also create a policy of a sliding scale percentage of gifted purchasing power from the 50% Discount/Rebate policy be required to be invested in such bonds.

Also, cap mortgage interest rates at 3% and create a PBBS (Public Back up Banking System) that will fund mortgages at the 3% rate if the private banks try to raise that rate. Remember, the 50% Discount/Rebate and $1000/mo. Universal Dividend policies make virtually everyone creditable.

No more punitive FED Funds rate that is ham handed, ineffective and actually prevents movement toward sane ecological and humane action.

What if the greatest progressive opportunity both economically and spiritually has been going on right in front of us for centuries and we’ve been missing it because its such an integral part of our lives its like being unconscious of our own breathing?

Well, thats what the trinitarian combination of double entry bookkeeping, retail sale and the new monetary paradigm of Strategic Monetary Gifting will accomplish in both the temporal universe and in the minds of virtually every human being. To wit the 50% Discount/Rebate policy at retail sale. For instance: You go to the home building office and decide to buy a $500k house. The builder agrees to discount the price by 50% to $250k because with the above new policy enacted by the government it directs the central bank to create and distribute the merchant’s 50% discount back to them so they are made whole on their full price. This is the exact process by which virtually all new money is currently created which is by the double entry bookkeeping operations of equal debits and credits that sum to zero in this case a 50% credit/gift to price plus the debiting/gifting back of the entirety of that discount to the merchant equals the merchant getting their full price thus no moral hazard plus beneficial effects all around for everyone involved because you get a $500k house for $250k and the demand for everyone of the goods and services of the house builder, grocer, clothier, etc. etc. etc. is mathematically doubled because everyone participates in retail sale. Thats the miracle of the trinity of double entry bookkeeping, retail sale and Strategic Monetary Gifting.

But wait! What is the retail point of Finance? And before I answer that question here is a dirty “little” secret: finance is presently always pre-production or post retail sale where consumption exits the economy and becomes consumption and is thus a very costly wholly exterior parasite on the entire economic process.

Answer to the above question: Why its your mortgage, automobile or other big ticket item’s monthly payment. So in the above example the central bank gifts you 50% of that total payment so you get a $500k house for an equivalent payment of a $125k mortgage. With trinities miracles upon miracles never cease. And here is the final and greatest miracle of the above trinitarian policy effects:

As everyone participates in retail sale and the normal, natural reaction to receiving a gift is gratitude which is probably the most beneficial personal experience one can have the above policy is the greatest opportunity to self actualize gratitude for a gift since meditation and prayer. So do yourself a favor by

1) advocating for the above policy and

2) also consciously feeling grateful for its effects so you won’t be guilty of being the opposite of wise which is a fool.

Are you reading this Ann? Here’s another little nugget. Steve Keen whose systemic analysis is brilliant and his policy of a “Modern Debt Jubilee” is a good reform…needs to upgrade that policy because what actual good is a one off debt jubilee that then lets Finance immediately re-dominate everyone for another 60-70 years…when with my 50% Discount/Rebate at retail sale permanently integrates debt jubilee into the the economic process while effectively reducing the rate of increase of new debt by 75%???

I should pitch the new monetary paradigm to China. They have a much more pragmatic attitude toward debt than we do which is why they have been kicking everyone else in the west in the ass economically. If they were to implement Monetary Gifting strategically it might force the west to do so also in order to match the economic and even more in portantly the human psychological advantages.

The key applied ideas AKA paradigms are where the real power to succeed and to change both minds and the temporal universe realities is where to start…and finish.

Whoever gets there first will not only benefit the fastest, but will historically be regarded as the wisest. The west has recently been technologically more innovative, but the Chinese/the orient has always been a more contemplative culture which might help them see the new concept more easily.

Such a good post Nate. What I think you’re saying is what I also consider the most underlying problem which is the mindset of Duality Only instead of an Integrative Thirdness Greater Oneness of Opposites IOW the Trinitarian mindset of Wisdom.
Wisdom has always been associated with “the third resolving way” and every paradigm change has always been an integrative resolution of opposites that increases knowledge and survival. What we need to ask ourselves is: What is the concept (and its various applicable aspects) behind both Wisdom and paradigm change?

The obvious answer to both disruptive/ and/or catstrophic unemployment is precisely what I have been posting about here for years. Systems were made for man, not man for systems. Strategic Monetary Gifting must be integrated into the present monetary paradigm for the creation and distribution of all new money of Debt Only or its serfdom forever at best or social chaos even the oligarchs and the bankers won’t be able to survive.