The 50% discount/rebate at the business model of retail sale remains the same. Thus integrating consumer price deflation beneficially into profit making systems and doubling everyone’s purchasing power .

For all other businesses/models if after a monthly rigorous examination of their books they do not raise their prices the National Credit Office/FED/Treasury will gift them the equivalent of what a 1% increase in their prices would have brought them. And if they do increase their prices for reasons other than new and legitimate additional costs, then they are taxed on whatever that increase would have brought them at a rate of 150%. Thus the government takes sovereign, adult, responsible, benevolent, rewarding of virtue, punishing of vice, freeing control of the pricing system of commerce.

God I love the wise and caring third alternative.

Note: Let the fallacious ideas of the Quantity Theory of Money and the misnomer of monetary inflation be forever resigned to the dustbin of history.

The effect of this new “wrinkle” is that it extends the dividend policy to commercial agents while encouraging positive economic behavior (honesty, frugality, responsibility for the system as a whole) and discouraging economic vice (human/commercial freedom to inflate prices without good cause). It is an example of the best integration of the practical and the ideal which always characterizes Wisdom.

Me: Excellent points, and as I like to say, “Science like food is a wonderful and necessary tool….that exists entirely within the digestive tract of Wisdom.”

MM:  What then are other methods that are valid and better?

Me:  Wisdom,an integration of the scientific method and the discipline known as Wisdom, the process of which is the thorough integration of the truths in apparent opposites….in this case the truths in the opposites/complementary mindsets of Science and Wisdom. Economics requires a new philosophy, no even a new paradigm and science and mathematics are not up to perceiving these….except fragment-ally. Wisdom is a holistic NATURAL process and that is what will enable more and more economists to see the new paradigm as a whole, more philosophically and epistomologically. If one does not have full knowledge of a paradigm they can be staring straight at it….and miss many extremely important and workable aspects of it. And finally, after you’ve looked at the paradigm’s many aspects and seen how they economically apply…when you cognite (recognize for the first time) on the concept behind even the new monetary and economic paradigm is when you truly see and understand. And that’s a natural fact.

It’s what enables beneficial price deflation in profit making systems and in sufficiently abundant amounts and percentages undoes the paradigmatic dominance of Finance.

That’s what it takes to actually see a new paradigm thoroughly. It (the vision) comes in bits and pieces, then gobs and gobs and finally a torrent until you completely trust its separate aspects and the whole of  the new paradigm. It also helps if the concept behind the new paradigm is even greater, more basic and more applicable than the specific area of application of the new paradigm.

In other words the new monetary and economic paradigm is direct and reciprocal monetary gifting. The concept behind the new paradigm is the natural spiritual concept of Grace/satori-kensho/samadhi which is applicable to all human beings as we are all conscious beings having a physical-temporal experience and finally Grace etc above is actually the name for the experience of experiencing the most basic reality of the cosmos which means it’s the most basic experience of everything which makes it applicable to everything.  Furthermore, as Grace is the pinnacle concept and experience of Wisdom and integration is the very process of Wisdom that logically points at the fact that concentrically Grace is integrated with and so applicable to every area of human existence from the individual self to the family, to the the society, to the economy, to philosophy on up to natural spirituality and continually back and forth and throughout all of these areas.

And that kinda makes it significant.  :))

You could gift back to every enterprise 5-10% of their total sales to their commercial consumers if they did not inflate their costs/prices except as legitimate additional costs outside of their control would require them to do so.

Then you could still have the 50% discount/rebate policy apply to all retail consumer products, and have the same 50% discount/rebate apply to Finance for home loans.

A little clarification of the discount/rebate policy.

It is a pass on discount of the agreed upon percentage of their “retail product(s)” to their consumers from mining to the business model of retail sale.

50% would be optimal because it would benefit individuals at retail sale by immediately doubling their available purchasing power, and would make the policy virtually irresistible to every business model because why would any enterprise not like to sell their product at half their best competitive price….and still get that full price via the rebating of their discounts? Also, if, for whatever irrational and anti-social reason, one refused to participate in a policy that benefited every individual and business, it would be committing commercial suicide as they’d have to sell their product at approximately twice the price of their competitors.

Finally, it would be extended even to the business model of Finance/Banking for their various loans which would both nakedly expose the tremendous power they possess with their money creation charters, and also enable them to become an ethically sharing and integral part of the economy instead of an attached, dominating and manipulative parasite with its monopoly paradigm of Debt Only.

For instance, if a home building corporation discounted their price for a home costing $200k to $100k and then the Bank discounted the loan from $100k to $50k (and of course the Bank would receive the full $100k via the rebate of their discounts to the individual) then the price would end up being only 25% of its actual cost….to the individual. Such is the virtual magic of the new paradigm of direct and reciprocal gifting.  

And I’m sure that every bank will want to participate in the policy….because if even one of their competition does and they don’t….its rapidly bye-bye Bank. And if they all collude not to participate they will be exposed as purely self interestedly opposing a policy that so greatly benefited every individual and every other enterprise….that the people and the rest of the business community would rise up…and demand that we charter a new kind of bank that would be happy to participate in such a good and gracious economic and social policy, that is a Bank that was actually interested in serving the public interest as well as its own.

Note: Some regulation would also be needed for some of their products and services. For instance leveraged purely financial speculations like the various derivative products as well as already on the books regulations regarding leveraged naked shorting etc.

Grace integrates and encompasses everything.

Steve Hummel 11/26/2017

Grace is both moral (recognizing and discerning wrongness) and ethical (the rational consideration of morals).

Steve Hummel 11/26/2017

It’s all well and good for China and Russia to attempt to blunt and disrupt US dominance regarding the petro-dollar and reserve currency etc. The one thing the US could do to make this not only irrelevant, but turn the tables on Russia, China and any other country that wants to become an export platform would be to stabilize and supercharge its DOMESTIC economy with a sufficiently abundant universal dividend and a price deflationary discount policy thus enabling them to re-industrialize because without the “necessity” of having to worry about unemployment due to the guaranteed middle class income from the dividend you could do that in the most technologically efficient and ecologically sensitive fashion possible.  Their consequent loss of the US market would force China etc. to seek other markets or better yet to stabilize their own domestic markets with the same policies.

Without a vision….you only see part of the solution.

The policy is The Generalized Point of “Retail Sale” Discount/Rebate “Pass On”.

This enables enterprise at all levels and business models throughout the economy to completely unobtrusively find their true and best competitive price for whatever product or service, discount it 50% to their consumer and then receive a rebate of their discounts back to them by a monetary authority specifically mandated to do so. It is completely valid economically, does not invalidate or eliminate costs or their accounting, but rather compensates for them within and throughout the entire process of the economy.

The net effects of the policy are an incredible stabilization of commerce,  an immediate doubling of individual purchasing power, the beneficial integration of price deflation into profit making systems, an end to the dominating financial paradigms of Debt, Loan and For Production Only, via their participation in the policy the transformation of  the business model of Finance from a parasite into partnership and finally, the saturation of the new paradigm of Direct and Reciprocal Monetary Gifting, again, throughout the entire process of the economy.

This policy is the discovery of the ellipse and the invention of the telescope, the sciences of grain cultivation and animal husbandry all wrapped up in one paradigmatic changing package. It is not just “greasing the skids” of commerce it is pushing it along on a cryogenic magnetic and levitatative rail that can enable greater innovation, resource conservation and profit. It’s the breakthrough integrative policy that can forever end the oppressive dominance of the business model of Finance and usher in a new golden age for general abundance and freedom for the individual.

Steve Hummel 11/25/2017