Macro-economics has suffered from a sad lack of knowledge regarding the economic significance of accounting/double entry bookkeeping. As a result it has veered off into mere mathematics and flimsy if not complete irrelevance. When one stacks the real world power of mathematics up against self interest, the abstract truths of mathematics basically disappear.

Attending to the conventions and groundings that accounting has on the money system and hence the economy enlightens truth and points the way toward real world economic solutions that are able to nullify the seeming power of vested self interests.

Add to this the fact that a monopolistic monetary and financial paradigm of Debt Only for the creation and distribution of money/credit must be de-stabilizing because if the system creates a flow of x + 1 of debt service costs and only creates x of monetary ability to service them….and the completely obvious solution (not palliative) to that paradigmatic problem…is a new paradigm.

Note: This is not the crank monetary idea that interest is the be all and end all of the problem as the system is unstable if the flow of debt service costs of loans at 0% interest exceed the flow of ability to repay those costs.

Then one needs to be aware of the signatures of historical paradigm changes like simplicity of the actual operation of new paradigms, complete conceptual opposition to the present paradigm, the complete inversion of present paradigm problematic realities, abundance and increased survival. Finally,  one needs to consider the new concept of mega paradigm change which is one which immediately, empirically and continuously affects virtually everyone and has “knock on” beneficial effects in areas not directly related to the body of knowledge/area of human endeavor that the new paradigm applies to. Examples of mega paradigm changes are the emergence of self awareness in the species and the change from hunting and gathering to agriculture, homesteading and urbanization. The new monetary and financial (and thus economic) paradigm of Direct and Reciprocal Monetary Gifting will be only the third mega paradigm change in human history.

Until one discovers grace they are lost, no matter whether they be dedicated scientist, activist for any and all reforms or advocate for the various disciplines for upright living.

Grace is nothing more and certainly nothing less than self actualized love in action. Grace is the universal and ultimate solvent for internal and external conflict, the deepest and most grounding experience you’ll ever have and the only foundation upon which sanity, rationality and civilization can be united and sustained. Grace is union with the present moment and, upon reflection, whatever existed in the past or will exist in the future.

Contemplate grace, cultivate grace, eat, drink and breath grace. Grace be with you.

In the last analysis Social democracy is only the other side of the orthodox present paradigmatic coin. Not that social democracy isn’t somewhat more workable and has ethical content superior to capitalist ideologies of any stripe. it does, but it doesn’t fulfill the thirdness greater oneness new pattern definition of a genuine paradigm change which is desparately needed, and it for sure doesn’t accomplish the personally immediate and continuous or the systemic broadness effects of a mega paradigm.

We can wander for another millennia (or decades) in the obsessively contentious death throes of the capitalist-socialist dualism or we can integrate their truths in a way that changes everything. It’s our choice….or folly.

I begin to think that the present paradigm for legitimate inquiry, namely Science Only, is almost as antiquated and in need of change as the present monetary and financial paradigm of Debt Only. If it weren’t a fact that the monetary and financial paradigm has been unchanged for virtually the entire history of human civilization and the present paradigm of inquiry has only been dominant for the last four centuries that would be true.

Monetary Gifting and Wisdom. The next two mega paradigm changes.

“Monetary” inflation is actually a misnomer. The causes of inflation are:

1. An actual and chronic systemic scarcity of distributed individual income/business revenue which tempts commercial agents to committ the vice of price inflation when they perceive additional money coming into the system
2. Mis-identifying the system as normally being in general equilibrium and seeing markets as “free” when the system is alternately in a state of sloppy monetary and financial proflicacy or sloppily smothered austerity and yet always paradigmatically dominated financial chaos, and
3. Not identifying a policy means of rectifying and inverting realities #’s 1 and 2.

The universal dividend combined with the 50% discount/rebate policy at retail sale (whose actions actually define and express the new monetary, financial and economic paradigm) and the rest of the aligned regulations of Wisdomics-Gracenomics…resolve and invert realities #1 and #2, and are the accomplishment of #3, i.e the new monetary, financial and economic paradigm of Abundantly Direct and Reciprocal Monetary Gifting.

It’s a waste of time to either accuse someone of believing in the debt virus or to be a crank and believe in it. Mathematically, it’s correct that the system can pay for interest. However, in the real world….economies have never been stable. That’s never as in not a single time throughout the entire span of human civilization, and the reason is that the paradigm of Debt ONLY  has never been challenged as the actual problem and the new paradigm concept has never specifically been recognized and implemented in a paradigmatic fashion, that is, in a way that temporally inverts the realities of the old/present paradigm.

Self actualization of the experience of Grace saves the individual from her/himself, and policies aligned with grace will save the economy from its own idiocies and the money system from its monopolistic lack of ethics.

Too simple for the erudite, too basic and generally beneficial to be long denied.

Steve Hummel 05/17/2020

RL:  My professor told me once, that I had read enough, I needed to think more about what I had read and experienced.

MC:  Words of wisdom there Robert.

Me:  Indeed. Contemplation is the route toward self actualization, and integration is the route to truth. Present time is where one best experiences and meets oneself.

The point of retail sale is self awareness’s equivalent in economics, where the system’s most present moment, most basic purposes of production and consumption meet and are integrated, and where rational and ethical policy is most powerfully accomplished.

Conspiracy theorists are generally hasty third rate intellects. People who swallow whole either right wing or left wing propaganda are second rate intellects. The objective and serious intellect seeks the particles of truth in opposing perspectives and carefully tries to integrate those truths in a rational and more wholistic fashion. So far as conspiracies are concerned, especially broad, global conspiracies, this process almost always ends showing that such “conspiracies” are actually better explained as anger and fear generated by frustrations with the mostly unconscious mentally entrapping effects of the present paradigm that has gone on too long without resolving the problems that have built up around it.

The point is the best thing to do is to develope a truth integrative mindset. As a new paradigm itself is a phenomenon that integrates the truths in apparently opposing perspectives, that is, it is a (singular) concept that mentally expresses and temporally transforms an entirely new (pluralistic) pattern, we could call it developing paradigm perception.

The ancients had debt jubilees, but the problem of debt build up always came back. We need to be smarter than the ancients and finally drive a stake through the 5000 year old rule of the paradigm of Debt Only over our lives. That solution is the twin policies of a 50% discount/rebate price and monetary policy at the point of retail sale and a second 50% discount/debt jubilee policy at the point of note signing for big ticket items and green consumer products. These policies and regulations to deter anti-social gaming of the new paradigm will reverse the build up of debt and make it wither away so that monetary abundance for all economic agents becomes the new norm.