Instead of The Federal Reserve We Need…

…the General Reserve to make daily exchanges much more possible and abundant securing a more robust and equitable economy for all economic agents. By implementing a 50% Discount at the various points of retail sale which commercial agents would opt into after promising to adhere to the economic virtues of competition and innovation instead of the vice of inflation, the General Reserve would agree to rebate the entirety of the commerial agent’s discounts back to them thus making them whole on their entire price while doubling the potential demand for every one of their goods and/or services and simultaneously mathematically doubling the purchasing power of the individual agent and transforming chronic erosive inflation into beneficial price and asset deflation.

Steve Hummel 07/08/2026

The Signatures Of Paradigm Change, And Mega-Paradigm Change

Paradigm Change

1) Complete Conceptual Opposition

2) Complete Inversion of Temporal Universe Realities

3) Integrative Resolving Thirdness Greater Oneness of Duality, i.e. Trinity

Mega-Paradigm Change

1) Experiencial Universality

2) Multiplicity of Change In Related Patterns

3) Serendipity/Illogicality/Unexpected Beneficial Effect

4) Continual Experience of the Trinity of Space/Time/Consciouness, i.e. Quadrinity

Steve Hummel 07/07/2026

What The World Needs:

Is not artificial intelligence, but artificial/technological Wisdom. And of course right along with it redeemed/redempive capitalism, redeemed/redemptive socialism, or more accurately and to the point the true integrative thirdness know as Wisdomics-Gracenomics.

Steve Hummel 07/07/2026

Money Is The ATP Of The Economy And We Are Its Mitochondria.

Its what enables the economy to work. Energy itself of course is the food of the economy, but like our bodies the economy would be lethargic as hell without money so money and energy are co-relative.

The biggest and most pressing problem with the economy is the monopoly monetary paradigm for the creation and distribution of all new money wielded by Finance AKA Debt Only which prevents much more ATP/Money from being utilized by the general populace, i.e. economic democracy and rationally invested in R & D to find cleaner, more abundant and efficient forms of energy like quantum/zero point and/or gravitic means of propulsion enabling the off planeting of most of production and thus changing the energy paradigm from Geo-Centric Only to Cosmic.

Steve Hummel 07/06/2026

Posted To Richard J. Murphy’s YouTube Video 07/06/2026

As paradigms and new paradigms are applied concepts I’d like to see you and other analysts analyze the economy and money system on the CONCEPTUAL level instead of only systemically. Paradigm changes are the most premanently and pungently progressive personal and temporal universe phenomea in human history…so go there first and then find the most efficacious systemic application because when you find the operative CONCEPT and apply it you’ll get that level of change not some palliative reform or worse yet some false orthodoxy like neo-liberal economics.

Posted To Steve Keen’s YouTube Video 07/05/2026

Give everbody and every commercial agent an account at the central bank and mandate that the central bank fund both the rebate aspect of a 50% Discount/Rebate policy at retail sale and a UBI. Reserves are basically gifts to the banks as is the interest they get from bonds. The FED is the BFF of the banks. The 50% Discount/Rebate at retail sale makes the FED the BFF of EVERYBODY and every commercial agent. Just amend the FED’s charter and the economy runs on all $50 trillion cylinders…for EVERY agent.

The Wisdom Counsel

The evolution of The Supreme Court from what is ultimately legal to consideration of what is most graciously loving as well.

Posted To Steve Keen and Phil Dobbie’s Podcast 07/03/2026

Its too damned expensive unless you integrate Strategic Monetary Gifting into the present Debt Only paradigm for the creation and distribution of all new money with a 50% Discount/Rebate policy at regular consumer goods retail sale and also the retail point of Finance the effect of which out libertarianism’s libertarians because it implements deflation but without the pain and suffering they so blithely overlook. It also out profitabilities the capitalist because the 50% reduction in the price of virtually everything doubles the potential demand for every one of enterprise’s goods and services. Lastly, it out socialism’s the socialists because it mathematically doubles every individual’s purchasing power hence effecting universal economic democracy. Add in philosophically aligned policies like UBI or UHBI before AI causes a disaster. Finally, add in a policy of a sliding scale required percentage of Gifted purchasing power to be “taxed” into 5-6% Eco-Energy R & D Treasury bonds IOW a gift of a guaranteed investment the effects of which would be to mitigate the additional consumption and fund both the off planeting of production to orbit and also the moon as well as hopefully finding a way to tap into quantum zero point energy…so Strategic Monetary Gifting becomes the way to hasten rationally dealing with the energy problem as well. Give everyone and every commercial agent an account at the central bank and mandate that they distribute the monies for the 50% Discount/Rebate etc. etc. and we’re on the way.

Finally, finally, cynicism is the modern acculturated intellectual disease of the erudite because it stops necessary and rational action before its even started while enabling them to appear “realistic”. At least adopt Antonio Gramsci’s attitude of “pessimism of the mind, optimism of the will.” That way you don’t kill action.

Posted To Steve Keen’s Substack Newsletter 07/03/2026

The quasi-ergotic point in the economic process is retail sale because the aggregates of everyone must and does participate in it. Hence everyone is monetarily and economically effected by cost/price at that point. It, including both regular consumer retail sale and the retail point of Finance which is one’s mortgage, insurance, automobile or other big ticket item’s monthly payment is also the terminal ending point of the entire economic process where production exits the economy and becomes consumption.

So if you implemented a double entry bookkeeping operation of equal debits and credits with a 50% Discount/Rebate policy at those points you’d go a very long way toward resolving the problems of neo-classicalism and of the civilization-long dominating monopoly paradigm of Debt Only wielded by Finance.

Then, simply utilize incentives and disincentives to tie up the ethical lose ends of attempts to game/destabilize the paradigm changing benefits of the 50% Retail Discount/Rebate and other aligned policies through time…and you can approximate economic and monetary ergodicity.

One final suggestion: Cognite on the fact that the beneficial effects of every historical paradigm change have always been an aspect or aspects of the natural philosophical/spiritual (but not necessarily religious) concept of grace which makes paradigm change the “plug and play” intellectual process of finding the relevant philosophical aspect of grace and its most efficacious systemic applications.