“Its Socialism!”

It’s not only not socialism it’s the rejuvenation and ethical ascension of capitalism. It’s also the biggest reduction in conservative and libertarian pundits’ biggest bitch, namely socialist re-distributive taxation because it ends inflation forever…by creating the wet dream of these pundits’, namely BENEFICIAL price and asset DEFLATION. Of course it might mean the end of the careers of these pundits, but my response is: “Creative destruction and all of that. What’s good for the goose is good for the gander.” Finally, an economy based on an aspect of the highest ethical concept and experience mankind has ever conceived, grace as in the loving act of gifting, cannot have anything but virtuous effects on the overwhelming majority

“The powers that be won’t let it happen.”

If you the voter don’t have the guts or good sense to get off your ass and vote in the people that will implement these incredibly beneficial policies then yes, but if you just keep doing the simple math of how they can reduce the cost to you of virtually everything by 50 to 75%…then it will be the biggest landslide political and economic victory the country and the world has ever seen. Also, to paraphrase Victor Hugo: “If there is one thing all the armies of the world and the powers behind those armies cannot resist, it is an idea whose time has come.” So get on the bandwagon of the movement for the new monetary paradigm.

“It won’t work!”

Do the simple math and realize that the operations of accounting enforce the realities of the present monetary paradigm and those same operations will enforce the new one. Too simple for the intellectual vanities of the erudite and their orthodox followers…too world changing not to be a paradigm change.

“Everyone Will Become Lazy!”

If this were true the wealthy would have killed themselves off long ago. The truth is most people are purpose driven and want to do something they find meaningful…and having the security of a reasonable level of income guaranteed will better enable them to more easily find. Furthermore I can’t think of a better incentive to become gainfully employed than the first day on the job you get a more than 100% increase in the purchasing power your employment will give you.

Or the inflator will not be able to participate in 50% Discount/Rebate policy for 12 months.

The Departmant of Competition, Innovation and The Individual’s Bully Pulpit will loudly declare who inflates, and the employees of inflators will not be able to benefit from the increase in their net pay by the elimination of payroll taxes for welfare and unemployment insurance.

100% tax will be used to rebate back additional costs that non-inflators may have incurred

The individual voter thinks they’re going to win and benefit. The lesson for democrats is to find a set of policies that are so beneficial for everyone that you’d be a fool to be against them. To wit the policies of the new monetary paradigm.

“Free” market theory is a complete misnomer for what is the actual reality which is alternately goosed and strangled financially dominated chaos.

In the human universe there is no such thing as complete freedom, only freedom amongst known and effective barriers. Its why you can’t walk into a theater and yell “Fire!” Of course the slur of “Thats just wage and price controls” snaps the mind closed for the dilletante and orthodox mind, but that doesn’t change the actual reality.

What will change it is a new monetary paradigm, and that will open up the ability to end inflation forever with quaranteed beneficial price and asset DEFLATION and hence the end of any idea that fiscal deficits can be inflationary and in turn the ability to fund the mega-projects necessary to confront climate change.

Think paradigmatically/operant applied concept–ually and solutions begin to spring up in every nook and crannie of the economic process. And hope and survival will follow.

You’re brilliant Keen, but you’ve missed strategic policy applications that follow on from your own insights. For instance, the fact that banks create money simply with accounting entries that sum to zero. So why not implement a policy of a 50% discount (credit) to the consumer at retail sale all of which the central bank rebates back (debits) to the merchant so they are made whole on their entire price. The effect of which would be to imediately double everyone’s purchasing power, potentially double the demand for every enterprise’s goods and survices and last but not least, because we’ve never had y/o/y 50% inflation let alone moment to moment of same, resigns inflation to the dust bin of history and inverts the chronic reality of erosive inflation into beneficial deflation. Inversion of temporal universe reality…one of the classic signs of a new paradigm…like the new monetary paradigm of Gifting.

Follow that policy with a Gift/Debt jubilee policy at the point of loan signing where the bank creates the final $200k of a $400k house reduced by the 50% discount/rebate at retail sale and then the central bank says: “Ok Mr. Banker we’ll give you 50% of the interest you’d get on this $200k home loan which you can immediately put in your pocket as profit in exchange for you reducing the loan to $100k. That would integrate debt jubilee continuously into the economic process and end debt deflation forever.

Lots of other policies in my book that would stabilize the new paradigm, prevent bad actors from gaming it and even ones that would prevent excess consumption while greatly increasing investment in research and development in energy and climate change. New applied operant concepts/paradigms change everything. No more tinkering with palliatives, we need to change the world…fast.

Leading theoriticians are correct that current macro-economic Dynamic Stocastic General Equilibrium theory is falacious. What they haven’t quite recognized yet is that the way to have consistent economic free flowingness is to create an in situ modulated, dynamically abundant monetary disquilibrium, (IMDAMD) Its about the monetary paradigm damnit!

Its because no one analyzes money on the paradigmatic level and and then finds new and innovative ways to best strategically apply that single monetary concept in the economy. Paradigms are only ideas…until you apply them. Then they are world changing phenomena both mentally and temporally. No amount of calculus or abstraction, no matter how precise and correct, will ever accomplish anything truly lasting and effective…unless its applied to create the reality of the new pardigm concept. And it must be direct and continuous, which of course money is for all economic agents.

Do you need a movement? Yes, of course, and thats another reason why a new monetary and economic paradigm will occur much faster than paradigms have occurred in the past. Social media and communication technology are the key means of creating the political pressure to herd both/all sides of the political apparatus toward a new paradigm’s world changing beneficial effects.

So be it.

…unless you actually look at them.

This is why many people don’t immediately see how powerfully beneficial the new monetary paradigm and its policies are.

The key to switching from the neoclassical double bound energy blindness to a sane economics that can proceed to ecological sanity with post haste is to slay inflation…by mathematically implementing beneficial price and asset deflation utilizing the same method the banks create virtually all of our new money every year ONLY AS DEBT, namely the accounting operation of equal debits and credits that sum to zero, and where one side or the other of the T account is a monetary gift. To wit a 50% Discount debited to the consumer at retail sale and where the monetary authority credits/rebates back the entire amount of discount the merchant granted to the consumer. This ends inflation forever. No, hyperinflations do not occur before several disastrous circumstances occur first virtually all of which can be avoided by not going to war and with carrot and stick policies requiring only two brain cells in other places in the economic process.

Once you’ve done the above you close the argument by conservative, libertarian and even liberal pundits about the terribleness of government deficits and the way is open to fiscally fund the energy research and the mega-projects necessary to confront climate change including the under and off planeting of at least the worst carbon emitting means of production. We have to do what the Copernican cosmological paradigm did for astro-physics, namely conceptually and temporally invert the present paradigm. In this case we have to go to cosmic-production from geo-production…by changing the monetary paradigm from Debt ONLY by strategically integrating the new paradigm of Monetary Gifting into the economic process in the policy above and at the point of loan signing.

Permission to consciously and overtly express aspects of natural philosophical concept/experience of grace continually flashed onto one’s computer screen. Same for television, cell phones, movies.

Read Wisdomics-Gracenomics and its policies of new paradigm of Monetary Grace As in Gifting.

Pay people a stipend for twice daily contemplating the aspects of grace and/or taking blessing walks where you look directly at as many separate things as you can and bless them for reflecting the electrons that enable you to see them.

Aspects of grace played in every store with introduction of: “Thank you for being our customer, and you’re welcome to receive our 50% discount on everything” reminder of discount/rebate policy.

Humor tracks in stores.

Practice feeling the electro-magnetic flux in the space all around you.

Look at and feel the space that doors and other objects take up. Feel the solidity of objects at a distance. Look at where colors begin and end.