Posted To AGI-Post Labor Economy 08/05/2024

UBI is not the only way to crerate/increase purchasing power. Both the banks and the government create money with nothing more and nothing less than the accounting operationof equal debits and credits that sum to zero. Hence a 50% Discount/Rebate policy at retail sale would enable one to purchase a $60k EV for $30k and a $500k house for $250k. Then, if you did the same accounting at the point of loan signing that would enable one to finance only $15k for the EV and $125k for the house. Please consider looking at my blog at wisdomicsblog.com. Thanks and keep thinking innovatively.

New Policy: Banks Can No Longer Buy Treasuries, Citizens With Their Doubled Purchasing Power and Consequent Greater Ability to Save and Invest Encouraged To Buy Eco-Treasuries At 5-6%

Government uses 5-6% Eco-Treasury Bonds to invest in new energy R & D, fund the mega-projects necessary to confront climate change and to off-planet most of production.

This is the end of the fradulent orthodoxy that deficits are actually debt we have to worry about, and exposes The FED as the hand maiden and bail bondsman of the banks instead of a legitimate financially stabilizing entity that has a clue about how to manage the economy…which it does not.

Posted To Ellen Brown’s Substack Newsletter 08/03/2024

Money/Financial Speculation is the core of the SYSTEMIC problem, and a well regulated form of public banking is the wisest way to ethically protect us in my opinion. However, the even deeper problem is the current monopoly paradigm CONCEPT for the creation and distribution of new money, that is, the fact that new money can be created ONLY AS DEBT. The last monopoly paradigm concept to be changed was Salvation Via Roman Catholic Sacraments ONLY. What we need is BOTH the systemic recommendations you suggest and a Monetary Reformation that quarantees the freedom of universal monetary security instead of the quaranteed monetary and economic instability of the current human civilization-long and very anomalous paradigm of DEBT ONLY.

Outline For Presentation

Thanks for letting me present to you. Not everyone is open enough and willing to listen to a truly new idea, especially about a subject like money which wields so much power and about which there is so much mis and disinformation.

Preliminaries: 1) Explain significance of Accounting and money, 2)brushing past cynicism is essential and why (cite Sun Tsu and dramatize where cynicism is on scale of action and that it is self stopping), 3) Present monetary paradigm not only grants the banks a business model monopoly it also wields a monopolistic paradigm which is a single idea that dominates, expresses and controls the realities of that system (relate last monopoly paradigm of The Reformation, explain, 3) I DO know what I’m talking about because a) I have been a student of the leading economic and monetary reformists, b) their research aligns with my strategically implemented policies

Nature and Effects of new paradigms: 1) Explanation of and significance of paradigms, especially new ones, 2) emphasis on APPLIED and KEY/OPERANT nature, 3) chosing a reform, even a good reform when a new paradigm is available cannot be ethically justified and, 4) paradigm changes are deep and permanent

The core systemic problem thats needs to be resolved is inflation, and my policies do that mathematically and permanently in the temporal universe and to the benefit of all economic agents individual and commercial. So lets get to the key policy I advocate for and that initiates beneficial change for everyone and virtually every enterprise.

Universal Policy Benefits and Integrative of Opposites nature of the new monetary paradigm: Major policies and benefits: 1) 50% Discount/Rebate at retail sale, 2) $1000/mo. universal dividend for everyone at age 18 for life, 3) 50% Gift To the Banks/Debt Jubilee to the borrower at point of loan signing, 4) end of inflation by mathematically implementing BENEFICIAL price and asset DEFLATION, immediately doubles everyone’s purchasing power and potentially doubles the demand for every enterprise’s goods and services

The greatest benefit of all isn’t even an economic one, (greatest opportunity to self actualize gratitude since meditation and prayer).

Checks every one of the signatures of historic paradigm changes and is the very expression of the concept behind EVERY historical paradigm change…which is the natural philosophical concept of grace.

Relation of Wisdom insights and paradigm changes

Introducing the concept of the mega-paradigm change

Rebuttals

Why Is Gratitude So Powerful?

Because it is a very positive and deep personal experience, because it is probably the most powerful aspect of the experience of grace, because like every other aspect of grace it bounces back at you and because it never gets old. Thus gratitude is the key to opening oneself up to the full experience of grace.

Simple vs Simple

There’s simple as in simplistic, incomplete and ineffectual. Then there’s simple as in basic, elemental and dynamically powerful. New paradigm concepts are of the latter category of simplicity because they are the key anomalie resolving idea and where, when and how to best implement it.

The new monetary paradigm of Gifting fits this description of a deep resolving simplicity to a T.

With The Right Tool and The Right Idea…

…you can literally change the world. The tool of accounting/double entery bookkeeping and the new paradigm concept of Monetary Gifting is the perfect example of this.

A renaissance, a true golden age awaits us with the new monetary paradigm. Let us visualize and create it and never look back.

Posted To My Substack Newsletter 07/23/2024

Me: If an exporter of oranges etc. increases their price they will face a tarrif/rebate policy of 100% of their increased price. In other words they raise their price by $.50/lb, the tarrif covers whatever total increase occurs and is rebated back to the importer so they do not incur additional cost. Acconting/double entry bookkeeping sums all costs to zero increase, and the supply and demand/”free” market fetishism orthodoxies are exposed as the self imposed delusion they have always been.

AT: Did you mean tariff to be applied to an exporter who would increase their price due to higher demand?

Me: Let them raise their price as much as they want, the tarrif/rebate policy will nullify any price increase until the exporter is not competitive and they’ll lose the biggest market in the world. Just result for such anti-social acts. Meanwhile with all of the increased purchasing power the US will be free to re-industrialize in the most technologically advanced and ecologically sane way possible. New applied ideas/paradigms always invalidate old orthodoxies and open up new and better alternatives. Consult their history.

Posted To Steve Keen’s Podcast 07/23/2024

Those are reasonable reforms, but they don’t penetrate to the core of the core problem (finance/money) with the new applied idea/concept, thus they will be gamed and their benefits quickly nulled. Historically, new applied ideas/paradigms permanently change the area(s) they affect…at least until such new concept developes anomalies and the process repeats. Sorry, I do not get palliative reformist thinking when analyzing paradigmatically is the real solution.

Posted To Mish Shedlock’s Blog 07/16/2024

Deficits are income to the private sector. The problem is not public “debt” but rather ever increasing private individual and commercial debt.

Solve all of this with a 50% Discount/Rebate at retail sale and a continuous debt jubilee policy at point of loan sighning.