Because it invalidates The Quantity Theory of Money by permanently transforming chronic erosive inflation into beneficial price and asset deflation. It does this by utilizing the same double entry bookkeeping operations that all new money is currently created with, that is equal debits and credits that sum to zero…except the new money is a gift not debt and hence it breaks up the current monopoly paradigm concept for the creation ad distribution of all new money which is Debt Only. Do the simple math: $100 worth of groceries minus a $50 discount equals a doubling of everyone’s purchasing power and yet with the rebating of the remaining $50 back to the merchant they get their full price. It makes profit-making economic systems work much more beneficially for everyone and every commercial agent as well. Its the perfect synthesis/thirdness greater oneness improvement in economics since the idea of debt itself became institutionalized, and even benefits the banks because along with a Universal Dividend as the cultural inheritance humanity is entitled to for the increased technological and productive capabilities of the last several centuries and despite the continual debt jubilee effects at the point of financial retail…it vastly increases the market for debt…because virtually EVERYONE is now creditable.

The reality of Calculus/Math/Abstraction is time as in process. Human and temporal universe/systemic reality however is only experienced in time as in the moment, the next moment and the next moment that is, in the continual process of both conscious human moments and throughout the process of time. In order for a truth/a reality to be fully true, and hence for any existing problem to be sustainably/continuously resolved, both the abstract/calculitic and the human moment to moment truth/reality must be considered. However, it must also be realized that the moment to moment reality mode of experiencing truth is the more important and ultimate factor because shit happens, and calculus only factors the possibility that a truth will be sustained over time.

The way to guarantee a sustained human and temporal universe resolution reality experience is to discover what the deepest, the key, the core problem is…that is to realize what the new paradigm concept is and how to best continuously apply it…as new paradigms elicit and are the phenomenon of both individual new realization and temporal universe/continuously applied problem resolution due to its addressing of the operant factor(s).

Despite the true stocks and flows insight and the palliative of government “deficits” economies have historically become destabilized by the continual build up of private debt. All of the suggested “solutions” to this problem are forms of monetary gifts like “modern debt jubilee”, UBI, government deficits, etc., but because they are not continuous in effect (debt jubilee), inadequate/incomplete in effect (UBI & gov. deficits) or thoroughly integrated into the economic/systemic process they still fail to thoroughly resolve modern economy’s problems and fall short of an actual paradigm change. A policy of a 50% Discount/Rebate at the various retail sale points throughout the economic process for instance: consumer product retail sale, financial retail sale/one’s monthly mortgage, automobile, insurance or other big ticket item monthly payment and commercial agent to commercial agent retail sale (with a smaller say 10% Discount/Rebate) would double purchasing power, implement continuous debt jubilee and target intra-systemic inflation. Strategic Monetary Gifting IS THE NEW MONETARY AND ECONOMIC PARADIGM. You just have to apply it thoroughly and most efficaciously.

The needed paradigm change also requires enlightening economists about the fact that “free” market theoretics is actually a fetishized misnomer for chaos because it presents as TOTAL FREEDOM which violates the human reality that known and enforceable barriers are necessary for real freedom…because ethics matter…and economics is probably the only body of knowledge that hasn’t recognized this yet. Finally, the shadow banking/speculative monster must also be confronted and regulated for the same reason the delusion of “free” market theoretics requires it, that is, chaos is not freedom.

The trinity of areas to address are:

1. The new monetary and economic paradigm is Strategic Monetary Gifting
2. Confronting the fact that total freedom in the human universe is chaos/the absence of known and enforeable barriers/morals and implementing ethics/the rational consideration of morals into economics
3. Shadow banking/Speculative Finance is the final actively rampaging manifestation of “free” market theoretics and must also be ethically confronted and handled.

New Realization and Transformation: With paradigm change these are both personal and temporal universe realities/experiences

Awe, Serenity, Release From Burden/Freedom, Gratitude, Inspiration: The trinitarian/activeness/process of the experience of grace

Nowness, Newness, Vibrance of Experience: This is the return to pre-abstraction habituation of early childhood and the meaning of “Ye must become as little children.”

With conscious action/intent: Renewal/Continuousness of ability to create and experience the fruits of grace

Positive Constructive Purposefullness: Due to Thirdness/Inner Unity Resolution of problems/unresolved dualities and consequent relief from frustration, anger, aggressiveness

Discovery of Consciousness Itself: Grace is another word for the experience of god, satori, samadhi, bhrama

Centerdness: Which is the experience of synthesis/trinity/thirdness

Abundance: God’s Grace/Your experience of god is abundant/abundance…all you have to do is stand in conscious experience of it, and abundance is one of the effects of every historical paradigm change

Universality of Experience/Effect: Along with Continuousness, Inherentness and Additiveness these are also the signatures of a Mega-Paradigm Change

As we see grace is the concept behind paradigm change

1. as the monopoly paradigm of Debt Only for the creation and distribution points of all new money
2. as the Debt/Burden to Fully Pay/or Fully Repay Only at all points of exchange including a) consumer retail, b) financial retail/one’s mortgage, automobile, insurance or other big ticket item’s monthly payment and c) Commercial to Commercial retail

Thus we see that its effects are indeed monopolistic and purvasive throughout the entirety of the economy/economic process.

RM: I believe Stephanie and other MMT’rs have said that “deficit” is more a reflection of the accounting than the function/purpose, e.g., “Monetary Gift.”

Me: Yes, but what they need to do is recognize that Gifting IS the new monetary and economic paradigm (which Stephanie and other cutting edge economists have given no indication of such by not responding to my posts and policies regarding that…even though they all suggest various lesser direct and universally beneficial forms of Gifting…as THEIR solutions). To me this indicates that they haven’t yet CONSCIOUSLY recognized Strategic Monetary Gifting as the actual paradigm/APPLIED concept,…or there’s ego involvement in their palliatives. I’m sorry, all of Stephanie, Steve Keen, Michael Hudson etc. are undeniably brilliant systemic analyists, but they do not do paradigmatic/conceptual analysis…and thats where the real power for systemic change is found.

The retail point of commercial enterprise is the point of capital goods and services exchange which is the point where a commercial agent/enterprise sells its goods or services to another commercial agent in the process toward ultimate exchange which is retail sale to an individual consumer economic agent.

A policy of a 10% Discount/Rebate at the point of commercial retail sale (conditional on non-inflation or legislatively allowed 2-3% inflation) could implement monetary gifting into the entirety of the economic process and be of additional profitability and stability benefit to commercial agents. The market operation of discounts to price/cost based on quantity of sales is already a part of economic practice, but it does not deal with obscured inflationary practices.

Trinity/Thirdness is the signature and essential state of wholeness and completeness as in the total integration of opposites…for the individual, specific factor, system, body of knowledge or area of human endeavor.

Quadrinity is the continuous state of Trinity/Thirdness/wholeness/completeness/total integration of opposites, that is both mental and temporal universe reality…in other words it is the signature and essential state of cosmicness/eternity.

…its an unethical and anti-social act to counter with a palliative reform. Why? Because paradigm changes are deep permanently resolving phenomena, and palliatives are shallow, temporary and always gamed.

Look for and find how to best apply the relevant reality creating/enforcing new idea, that is the precise paradigm changing concept, and may the world never be the same. Hint: the beneficial effects of every historical paradigm change has always been an aspect or aspects of the natural philosophical concept of grace.

Steve Hummel 01/24/2026

Retail sale is the terminal point of the entire economic process and hence the point where all costs and price are summed for any and all products and services. Hence a 50% Discount of price at that point implements beneficial price and asset deflation.

There is consumer retail and financial retail. The 50% Discount/Rebate at the retail point of Finance, which is one’s mortgage, automobile, insurance or other big ticket item’s monthly payment, and finally integrates Finance into the actual economic/productive process instead of allowing it to be the wholly exterior and very expensive additional set of costs it is now.

The rebate aspect of the 50% Discount/Rebate policy makes the commercial agent whole on their entire price and so not only eliminates any moral hazard thought to effect them, and in fact benefits them as much as it does the consumer because it potentially doubles the demand for every one of their goods and services so its a win/win.