Avner’s insight is a good one because it helps break up the delusionary belief that government creation of money is always wasteful etc. Its time and cost insights also are valid.

What if we analyzed those relevant factors of time and cost from the opposite perspective of immediacy and cost reduction with a 50% Discount/Rebate policy at retail sale? Everyone participates in retail sale thus such a policy mathematically and aggregatively/macro-economically benefits everyone by cutting the cost to the consumer by half while still enabling the commercial agent to get their full price?

I’m considering a class action suit (the class of all human beings and all economic agents) against Finance’s monopoly paradigm of Debt Only for the creation and distribution of new money. Monopolies are problematic because they are anti-competitive market situations. Private Finance dominates virtually every market in the economy thus dominating the entire pattern/body of knowledge of economics with that monopoly paradigm. The last monopoly paradigm broken up was the Roman Catholic Church’s monopoly paradigm for salvation (Catholic Sacraments Only) by The Reformation. Are we ready for/smart enough to start a monetary/economic Reformation?

Everything conservative and libertarian pundits want to occur is accomplished by a chnge in the monetary paradigm. A 50% Discount/Rebate policy at retail sale doubles every individual agent’s purchasing power while simultaneously mathematically implementing BENEFICIAL price and asset deflation and potentially doubling the demand for every enterprise’s goods and services. Implement the rest of the policy program of the new paradigm and taxes of all kinds can be drastically reduced or even eliminated. And all you have to do is open your mind enough to see the temporal universe realities the new paradigm will create.

China despite its current economic slowdown will continue to thrive, and if they recognize the new paradigm and imlement it…you better start learning Mandarin.

What we need is what I would call philosophical economics. Why? Because new paradigms are always single concepts that strategically and efficaciously applied change entire patterns. Progressive economists have identified the core of the problem with economics as “money, debt and banks” now they just have to focus a little more and come up with the specific new paradigm concept and align policy with it. Ideas, applied ideas, are what has always changed the world. Thus, philosophical/conceptual economics is the starting point for changing economics into an ecologically sane body of knowledge.

Present analysts have all of the problems of the economy accurately and scientifically identified. However, what they need to do is “up their game” from scientific to paradigmatic analysis. Doing this is counter intuitive because scientific/reductionist analysis has become an anomalous paradigm for intellectual inquiry while paradigmatic analysis is integrative and wholistic. Hence the key to paradigmatic analysis is simplicity, not complexity which makes it difficult for most analysts to see and understand.

Paradigms are SINGLE core and operant concepts that applied change ENTIRE patterns/systems/bodies of knowledge and areas of human endeavor…and mega-paradigm changes like the new monetary paradigm will enable benefits in many other areas than the specific one under analysis, that is the economy. This is due to the fact that the present monetary paradigm has become so well integrated into the minds and institutions of humanity for so long (the entire course of human civilization) that its anomalies have so many negative effects on nearly every aspect of our lives.

The key to understanding all of this is to discover the fact that historically every new paradigm’s effects has always been an aspect or aspects of the natural philosophical concept of grace. Grace as in love in action is the pinnacle concept of human Wisdom which is also the superlative mental discipline because science is a wholly included set of Wisdom. This is why I titled my book Wisdomics-Gracenomics, and it (the natural philosophical concept of grace) is also the emergent new zeitgeist.

If exporters raise their prices an equivalent tarrif is leveled on that rate of inflation and redistributed to the importing business…if the importer does not raise their prices.

Re-industrialization is enabled by the reduced costs (50% of price, greatly reduced individual and commercial income and payroll taxes.

SOS: I’m part of an informal study group in Indianapolis, comprised of retired lawyers, doctors, economists, civil servants etc. We’re raising money on GoFundMe to send a copy of The Deficit Myth to every member of the U.S. House and Senate. This will cost about $11,000. Here’s a link to the GoFundMe page: https://www.gofundme.com/manage/2b8g4-send-the-deficit-myth-to-congress. Any contribution to this effort would be greatly appreciated! Please help us spread the word! Thank you!

Me: Good luck with that. However, I would put to you that the bottom line with virtually all politicians is: What is going to get me re-elected. And reading a book that even though it is true, is abstract, not easily understood and doesn’t directly, immediately and obviously impact their personal self interest…is not going to move them.

Conversely, a 50% gifted discount to the price of virtully everything a person buys which means that it doubles their purchasing power, transforms erosive inflation into beneficial price and asset deflation and if you’re a business person potentially doubles the demand for all of your goods and services…is a total winner for almost everyone…which makes it an election winning issue THAT BOTH SIDES OF THE AISLE WILL NOT BE ABLE TO RESIST. IN OTHER WORDS ITS POLITICALLY INTEGRATIVE.

JP: Yeah & while *Biden’s policies may have been good for the ‘economy’ – share prices, Wall Street et al – it certainly hasn’t been felt in the ‘real economy’ of everyday americans’ day-to-day lives. That’s why there’s a glaring disconnect between what those “analysts” on CNN/MSNBC are saying : “Why aren’t people happy? The economy is growing. Americans just love to complain” and the struggle to survive people are actually experiencing in the real world.

*i don’t think anyone really believes Biden is capable of running a bath let alone the economy. Calling it “Bidenomics” is so disingenuous it’s perverse.

Me: I really do understand your cynicism and disgust at half assed “changes”. All the more to ACT/ADVOCATE for REAL change as in the policies and regulations of the new monetary paradigm of Gifting strategically applied throughout the entire economic process.

JP: Yes i agree, but the Oligarchal Corporatocracy Duopoly parties are unable & unwilling to reform or change anything within a system designed by them, for them and to which they are the gatekeepers. Before any substantive, meaningful reform can even be attempted the entire ‘2 Party’ electoral system must first be reformed. Again though, the Duopoly will be wholly resistant to anything which puts their hegemony at risk. These changes cannot happen via electoralism. The demand must come from the bottom up, a mass movement demanding change. Power concedes nothing without demands and it will never come from the top down. Every single piece of advancement and progress for the working class has been forced upon the ruling elites from below, with mass movements like the Civil Rghts in the 50s & 60s, the Unions in the ‘30s, Women’s liberation in the 70’s, the list goes on.

Me: The 2 party system lays down difficult barriers to third parties, but they are overcomable. The problem is that virtually all third party candidates…are simply tweaks of the present two parties. The key is having a policy program that is truly a thirdness greater oneness that conceptually expresses and implements the new paradigm…and that is exactly what my 50% Discount/Rebate policy (and the rest of its program) is. It is a deeper, more direct, more universally experienced and immediate change than Social Security was and has become and hence is a “third rail” once its implemented. So lets have the 50% Discount/Rebate At Retail Sale Party right along with the New Monetary, Financial and Economic Paradigm Mass Social Movement as well.

I’d be happy as hell to have an exegesis of the new paradigm’s entire policy program with Stephanie, Steve Keen, Michael Hudson, but I can’t get them to respond to me on their various sites. Ann Pettifor at least responds positively to me on her Substack. All I want is synthesis/thirdness/real change.

It’s intellectual model/mindset of reductionism has become a monopoly paradigm and thus neglects/refuses to utilize the superlative integrative intellectual discipline AKA Wisdom.

I see this all the time in posting Wisdom/solutions to problems on various sites. The responses I get are either rejection of integration or simply to bring up another problem without even considering looking at trying to integrate the truths in opposites in order to find a thirdness greater oneness of truths, workabi;ities, applicabilities and highest ethical considerations…which is the result of utilizing Wisdom.

Reject Science Only in favor of Wisdom. It is the true route to scientific breakthrough and progress.

The problem is that economics and virtually all other systems only utilize scientific/reductive analysis when they should be using the integrative method AKA Wisdom.

I’ve said this a hundred times on this forum. Its basic and the only reason it isn’t obvious to everyone that this is the way to research is that science has become a virtual monopoly paradigm for intellectual inquiry. Science is good, wonderful and delicious…and it exists entirely within the digestive tract of Wisdom.

The increase in fiscal money supply has minimal impact on inflation. Increase in private and corporate debt eventually has an inflationary effect until it causes debt deflation because debt is the only/monopolistic way to get newly created money. All of the orthodoxies of economics and money can be intelligently and strategically exploded by policies that accomplish monetary gifting. Throw off the human civilization long ideas you’ve aquired and think anew.

Demand inflation is not only eliminated, but transformed into beneficial deflation (mind blowingly to the orthodox) by a policy of a 50% Discount/Rebate at the strategic point of retail sale and a rock solidly enforced opt in pledge not to arbitrarily inflate. Regulating a monopoly paradigm with either palliative policies or doing nothing in the name of “free” market theory when the reality is that the monetary paradigm enforces alternately goose and strangled financial chaos becomes egg on your face…so think anew please.

Debt itself is not the problem. It’s the monopolistic paradigm concept of Debt ONLY as the sole form and vehicle for the creation and distribution of new money and Debt ONLY as in the burden to repay that compels Debt’s inevitable build up and overwhelm of the system. As all new paradigm concepts have historically always been in complete conceptual opposition to the present paradigm that means the new paradigm concept is Gifting. Reciprocal Gifting at retail sale with a 50% discount/rebate will end inflation forever for everyone hence gaining the allegiance of the general populace and every enterprise except the problematic one (private finance) and thus enabling the political break through necessary to implement the entirety of the new paradigm’s policies.

Facilitate change, problem resolution (even those problems that appear to be aggravated by

monetary gifting like the need for de-growth, resource depletion and ecological sanity) and Wisdom which is always a mental and temporal thirdness greater oneness integration of opposites.