YOU DON’T GET IT MISH! THE WAY TO FUND UBI IS NOT WITH BONDS I.E. DEBT INSTRUMENTS WHICH CREATES INTEREST TO BE PAID WHICH IN TURN CREATES THE “DEFICIT”, BUT WITH MONETARY GIFTING…WHICH DOESN’T CREATE ANY SUCH NEED TO PAY INTEREST.

AND NO, THE 50% DISCOUNT/REBATE AT RETAIL SALE WON’T CREATE INFLATION, BUT RATHER BENEFICIAL PRICE AND ASSET DEFLATION BECAUSE THE POLICY WILL REDUCE THE PRICE OF EVERYTHING BY HALF. AND NO BECAUSE THE REBATED/GIFTED MONEY BACK TO THE COMMERCIAL AGENT ASPECT OF THE POLICY MAKES THE COMMERCIAL AGENT WHOLE ON THEIR ENTIRE PRICE WITHOUT CREATING THE NECESSITY OF CREATING INTEREST TO BE PAID…EITHER.

DO YOU FINALLY GET IT???

ADDENDUM: NOW THIS DOESN’T MEAN THAT YOU CAN’T OR SHOULDN’T ALSO BE ABLE TO CREATE MONEY AS DEBT IF YOU’RE A BANKER OR EVEN BY THE GOVERNMENT BECAUSE THE INTEREST PAID ON THAT DEBT…IS ACTUALLY A PAYMENT TO/AN INVESTMENT FOR…THE PRIVATE SECTOR. GOT IT???

The 50% Discount Rebate Policy At Retail Sale…because both your hospital bill and your monthly insurance payment are the retail points of your participation in the health care system.

And the first party to recognize this is the one who benefits and probably will be able to establish a greater political coalition than FDR’s The New Deal

Are you listening political parties???

How’s that? Because I recognized both the present anomalous monetary paradigm and came up with the new paradigm (Copernicus).

Because I recognized/observed that retail sale was the place to best implement and enable others to best see the beneficial effects of the new monetary paradigm (Gallileo).

Because I recognized that utilizing double entry bookkeeping and a high percentage (at least 50%) discount/rebate policy at retail sale would eliminate the palliative and “epicycle” effects of a lesser percentage and would invert present problematic temporal universe realities which is a signature of historical paradigm changes (Kepler).

Because like the Roman Catholic’s religious paradigm of Salvation Via Roman Catholic Sacraments Only I recognized the monopolistic and hence dominating nature of the current monetary paradigm of Debt Only, and encouraged others to see and fight against it. (Luther)

Because I recognized that the beneficial effects of every historical paradigm change have always been an aspect or aspects of the natural philosophical concept of grace, and the new monetary paradigm is grace as in Gifting so it aligns with that historical reality and points out the supreme wisdom of grace. (Jesus, who taught saving grace as in loving action to the more authoritarian and moralistic Judaism’s salvation) via only the law)

Also, as a 50% gift of price for virtually everything in a system that everyone does and must participate in (the economy) it would tend to universally evoke gratitude in everyone. Hence its the first temporal universe system and way to continuously self-actualize grace as in gratitude/thankfullness even more so than meditation and prayer…which are not universally and manditorially participated in and are only inward means of creating the benefical effects of spirituality…so its the first integration of the benefits of spirituality into a non-religious temporal universe system and via outward action instead of only internal action…as well. (So its the first step toward replacing the current zeitgeist of Power, Profit and Control with a new zietgeist/ethic of the age namely Grace as in Redeemed/Redemptive Power, Profit and Control)

If you mathematically double the purchasing power/demand with a 50% Discount/Rebate policy at retail sale you don’t increase the costs of enterprise thus you eliminate the reason for cost push inflation while benefitting the normally opposed self interests of both merchant and consumer which also makes the policy effect an integration of opposites to the point of a thirdness greater oneness which is a signature of historical paradigm changes. It would also encourage competition and innovation which are economic virtues instead of clinging to “free” market theoretics which is:
1) a fetishized framework for total freedom which is just an enablement for commercial agents to commit the continual economic crime of inflation because total freedom is in reality the lack of known and enforceable barriers. In the human universe you can’t walk into a theater and yell “Fire!” and you shouldn’t be able to arbitrarily commit “Inflation!” either. Economics is probably the only human system where ethics don’t count because the beneficial experience of freedom is negated by the delusional belief in total freedom.

2) In my book I suggest that to give enterprise the actual freedom to raise their price you
a) make the discount at retail sale permanently 52%,
b) tax obvious episodes of “greedflation” at a rate of at least 100% and
c) do an honest analysis of monthly inflation unlike now which does not include food and energy/petroleum costs and then
d) additionally index the 52% discount to that honest rate of inflation. Finally, you
e) include state, county and municipal taxes in the final retail discount percentage thus the federally sovereign government pays for at least 50% of the funding of these non-sovereign governments.

So many ways to benefit everyone when you change the monetary paradigm.

Trump et all are nuts alright, but the idea that you can rebate money back to consumers nascently recognizes that by utilizing the double entry bookkeeping operations of equal debits and credits that sum to zero you can literally work miracles…especially if you realize that by integrating Strategic Monetary Gifting into the present monopoly monetary paradigm for the creation and distribution of new money which is Debt Only with my 50% Discount/Rebate policy at retail sale…you don’t have to increase debt or tax in order to redistribute which are probably the two biggest bitches that libertarians and conservatives actually want.

I should pitch my paradigm changing policy program to Trump. He’d probably find some way to screw it up as he’s a chicken and “not quite right” as the saying goes. But I’m used to that. After all I’ve been dealing with it here and elsewhere for almost a decade.

Me: Your history and reasoning is correct as usual, but still fails to penetrate to the conceptual/paradigmatic level of analysis. Changing the concepts/paradigms that enlighten, create and enforce temporal universe realities are the most pungent ones possible for instance geo-centrism to helio-centrism and perfect circles to ellipses.

In the present monetary and economic case if you implemented a 50% Discount/Rebate policy at retail sale and the money/credit/demand rebated back to the merchant was a GIFT you’d change/end the present monopoly paradigm concept for the creation and distribution of all new money which is Debt Only to Debt AND Strategic Monetary Gifting. And the consumer gets $100 worth of groceries for $50, a $60k EV for $30k and a $500k house for $250k while the grocer, auto dealership and banker gets their full price with the rebate…but credit/the increase in demand due to Monetary Gifting does not fall. In fact this change in APPLIED CONCEPT implements beneficial price and asset deflation by increasing the money supply. Milton Friedman turns over in his grave…the same as Ptolemy did when Copernicus came along.

Steve Keen referring to Ben Bernanke: He’s certainly lacking in imagination and self-awareness. The word that comes to mind in describing him is “pedestrian”. He’s a True Believer in the Neoclassical paradigm, and can’t comprehend anything outside it. That’s typical of most believers in a paradigm: very few are able to see any flaw in their belief system.

That’s the way I taught economics: explain that the models they use are wrong, but they mark the exams, so you have to know what they believe in order to pass. I told students to treat the exam as if someone had made up crazy rules for Chess; you had to follow the rules even if they were crazy.

Me: Right again. Even the erudite find it hard to drop orthodoxies, fear risking to advocate for a conceptual change that is apparently illogical even though complete conceptual opposition is an historical signature of paradigm changes, and so they lack the imagination to see new paradigms. Pedestrianism has many hiding places even in brilliant minds like for instance cynicism which makes people give up before they even start…even though when the solutions that are also signatures of paradigm changes are evident, they fail to recognize that cynicism or even palliatives are actually unethical “alternatives”. I prefer Gramsci’s insight: “Pessimism of the mind, optimism of the will.”

Enforced instability by a monopoly paradigm like the present monetary paradigm of Debt Only as the sole form and vehicle for the creation and distribution of all new money IS a significant problem. However, if you change that paradigm you resolve its present negative/unstable effects but, because the temporal universe is by nature emergent/ever changing, even new paradigms eventually become anomalous…but at a much slower and less universal rate and so its much less of a problem…especially if one acculturates/keeps one’s mind open to the signatures of historical paradigm changes.

The 50% Discount/Rebate policy at retail sale integrates your macro insights into the micro-economy. Voila! Paradigm change.

Why? Because every individual/micro-economic agent participates in retail sale but the universality of participation in retail sale ipso facto also makes the effect of the 50% Discount/Rebate policy aggregative/macro-economic in effect.