Great analysis Dave. Most of that list encompasses some of the aspects of the natural philosophical concept of grace (not to be necessarily associated with religion-you’ll pardon the expression: god save us from the gross moralists and the religious obsessives) which just so happens to also be the character of the beneficial effects of every historical paradigm change. The significance of the aspects of the concept of grace is the most important and underlying discovery of Paradigmology. Paradigm change is what we all want because its permanently beneficial, integrative of opposites to the point of a true synthesis/thirdness greater oneness of the best aspects of seeming unresolvable dualities, i.e. a trinitarian result. Like Capitalism vs socialism—> Wisdomics-Gracenomics.

1. A new monetary and economic paradigm of Strategic Monetary Gifting
2. Known and enforceable economic barriers…that actually create more freedom than current “free” Market theoretics
3. Strict regulation and even elimination of anti-social speculative financial actions like naked shorting and derivative debt rehypothecation

We are homo sapiens, wise and discerning man. But we need to discern and practice the intellectual discipline of wisdom much more which goes beyond science which is reductionist, increasingly merely dualistic and so ultimately inhibitive of wisdom which is the trinitarian search for resolving factors.

Wisdom has always been associated with “the third way”. That is it integrates and resolves dualities to the point of thirdness greater oneness. What is the guiding concept of wisdom? Its grace as in unity, transformation, process as in the continuing experience and flow of present time itself and loving and increased consciousness/insight as in graciousness. Contemplate and apply the aspects of grace and “you cannot put a foot wrong”.

It facilitates every aspect of mutuality/dual benefit including trinitarian/thirdness greater oneness which has always been a signature of wisdom in that it not only reforms it transforms a system that was dominating, oligarchic and unstable it into one that is ethical, democratic and more stable than it ever has been before. Its a true paradigm change in economics and the money system. One that is neither capitalism nor socialism, but a true Wisdomics-Gracenomics. So be it.

You can be right in every way about the problems of the economy and the money system as Keen is, but if you fail to perceive or even try to analyze the present key APPLIED concept (read paradigm) creating and enforcing its anomalous realities (the continual build up of Private Debt) nothing you suggest to remedy the problem will ever be anything but a palliative reform that Finance will readily game and thwart, or if you’re a neoclassical economist re-inforce those anomalies. Go for the gusto and find the most efficacious applcations of the exact new monetary and economic paradigm of Direct, Reciprocal and Strategic Monetary Gifting like a 50% Discount/Rebate policy at retail sale…and lets reverse the inevitable collapse of the world economy and avoid the chaos and likelihood of a world war as a result.

In the temporal/time universe there is no ultimate equilibrium…because time itself is an emergent quality…of change. That doesn’t mean there can’t be permanent progress brought about by the increased insight/new realization AKA a paradigm change…but at some point you have to switch from using the excellent but mere systemic form of analysis and analyze the problem conceptually/paradigmatically …because its a deeper, broader and permanently progressive APPLIED phenomenon. Systemic analysis is excellent, necessary and intellectually delicious and it exists entirely within the digestive tract of the wisdom of conceptual/paradigmatic analysis.

I’m not here to necessarily demonize the filthy rich or the filthy rich and powerful bankers…only to make them finally relate in an ethical way instead of surreptisously dominating every other individual and commercial agent with their monopoly monetary paradigm for the creation and distribution of all new money also known as Debt ONLY.

To the erudite intellectual dunces, the cynics, the bought or fearful politicians and the long-acculturated general populace who have never been given a break since day one of human civilization I say: “Remember the truest of political truisms: “People vote their pocket books” and the mathematical fact that they who would object to integrating the new monetary paradigm of Gifting into the Debt ONLY system are few and we are many.”

Steve Hummel 12/28/2025

…align its temporal universe actions/operations so that its effects create the systemically relevant aspect or aspects of the natural philosophical concept of grace. Grace, grace, grace, its the highest spiritual experience, the key to thirdness greater oneness unification of temporal universe problems, the most basic cosmological reality and hence its fruits should logically be the goal of every individual and every human system’s effects.

Steve Hummel 12/27/2025

Just enable the banks to create a 50% GIFT of money TO THEMSELVES as half payment of everyone’s monthly mortgage, automobile, insurance or other big ticket item including of course the taxes, insurance, interest and any other additional costs included in any escrow account.

In essence the banks dissolve their own monopoly paradigm…but to their own benefit (increased security, stability and broadening of their market).

Ironies abound…with an actual paradigm change! Why? Because paradigm changes are and always have been complete inversions of conceptual, temporal and personal mental realities.

Every economic woe you are expressing can be remedied by a change in the monetary paradigm from Debt ONLY to Debt AND Monetary Gifting. Why does Finance have the right to wield a destabilizing monopoly paradigm for the creation and distribution of all new money??? It doesn’t obviously, any more than the Catholic church had the right to their monopoly paradigm for salvation Via Roman Catholic Sacraments ONLY. We need a monetary Reformation.

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Yes, it needs to be worked on and is wonderfully accomplished by the single policy of a 50% Discount/Rebate at retail sale which mathematically doubles everyone’s purchasing power while simultaneously tarnsforming chronic erosive inflation into beneficial price and asset deflation. I’m not advocating for Monetary Gifting ONLY which would just be another monopoly paradigm. I’m advocating for integrating Monetary Gifting STRATEGICALLY into the Debt ONLY system so as to create a thirdness greater oneness out of the dualistic futility of palliating (progressives), ignoring (capitalists) or worshipping (libertarians) the present paradigm and in fact the entire corpus of “free” market theoretics which is a misnomer for the non-resolving chaos that results from not having known and enforceable barriers between which one can rationally craft ethics. There is no such thing as TOTAL freedom (read an unworkable and ethic-less framework which is what “free” market theoretics actually enforces….unless of course we perceive and resolve the core of the core problem which is the present monetary paradigm that all new money can ONLY be created as debt. And here is the way to keep oneself on the straight and narrow path toward achieving the new paradigm with the key insights of Paradigmology:

1) Historically new paradigms are always in complete conceptual opposition to the present paradigm

2) Historically new paradigms create resolving thirdnesses greater onenesses of problematic dualities and

3) Historically the beneficial effects of every paradigm change have always been an aspect or aspects of the natural philosophical concept of grace like greater abundance, greater freedom, greater unity, new realizations, inversions of both personal and temporal universe reality, etc. etc.

So lets work for a Wisdomics-Gracenomics of which the insights of MMT are a nascent awakening to.

The point of double entry bookkeeping is the trinitarian result of the accounting equation namely its equation/equilibrium process and ultimate problem resolving result…which is 0. Economically/Systemically thats enlightening…but an ever zeroing/trinitarian point is essential for full understanding because scientifically/mathematically defining the problem doesn’t necessarily lead one to true thirdness solutions. In other words the apparent trinity of problem identification, action to equate it that only momentarily fixes the problem but doesn’t CONTINUALLY solve it…isn’t the wisdom of a true trinity. And thats why “a modern debt jubilee” isn’t going to resolve the present Debt Only monetary paradigm any more than it did for the ancients…because it isn’t implemented at the single continuously ongoing, universally experienced/participated in and ending point, that is aggregative as in macro-economic point in the entire economic process, namely retail sale with:

1) enough of a beneficial effect that it will be irresistible to both parties involved,

2) mathematically large enough that “normal” attempts at gaming it like garden variety inflation won’t undo its resolving effects and

3) exposes extraordinary attempts of same like leveraging up speculators so as to short the currency and thus become obviously unethical to even moral and ethical morons like neo-classicalists and libertarians.

Hence, the 50% Discount/Rebate policy at retail sale. Which with its Strategic Monetary Gifting undoes the destabilizing effects of the current monopolistic monetary paradigm of Debt Only…CONTINUOUSLY and so makes every day Christmas Day! Merry Christmas!