Implement the new monetary Paradigm of Strategic Gifting. With a 50% Discount/Rebate policy at retail sale and a $1000/mo. Universal Dividend why would we need the payroll taxes for welfare and unemployment insurance?

If the government is monetarily sovereign, which it is, and a 50% Discount/Rebate policy at retail sale transformed chronic erosive inflation into beneficial price and asset deflation, then why would the government have to worry about inflation and continue to create any new money for any deficit as interest on treasury bonds? So federal tax rates could easily be reduced. And, as treasury bonds are actually payments to the private sector, the interest paid is actually a part of GDP and not really the big problem neo-classical theorists and libertarians think it is what we should do is just create the money to cover any deficit…with just the kind of money that doesn’t create additional cost, that is, GIFTED money.

Finally, in order to mitigate the large increase in consumption why not introduce a sliding scale percentage of gifted money be required to be “taxed” and invested in 5-6% Eco-Energy R & D treasury bonds? That way the interest is universally democratized instead of being almost entirely going to the banks and already wealthy individuals, and because its GIFTED money being “taxed” its actually a GIFT of investment as well as a rational action toward confronting the energy and ecological crises that are looming up at us.

Just examples of Strategic Monetary Gifting being ALL UPSIDE.

Even though a $500k house will only need a $250k loan the banks will undoubtedly make more money than they do now. Why? Because with the twin policies of a 50% Discount/Rebate at retail sale and a reasonable universal dividend to everyone 18 years of age and older virtually everyone is creditable which vastly enlarges the market for big ticket item loans like for autos, furniture, mortgages etc. etc.

A modern debt jubilee is monetary gifting. The problem is its simply a one-off palliative reform that does not effectively or continuously deal with the continual build up of private debt which has historically destabilized empires and been probably the major reason for them going to war thinking that stealing their neighbor’s assets might re-stabilize their own economies. The best way to deal with the problem and effect an actual paradigm change in economics and the money system is to fully integrate and implement Monetary Gifting CONTINUOUSLY into the present Debt Only system with the two policies of a 50% Discount/Rebate at retail sale and a reasonable universal dividend, and to then craft additional policies to terminally stop commercial agents from gaming/de-stabilizing the new paradigm. The present monetary paradigm for the creation and distribution of all new money of Debt ONLY hasn’t changed for the entire history of human civilization. Doing so with Strategic Monetary Gifting would be a monumentally progressive phenomenon not unlike the change from nomadic hunting and gathering to homesteading, urbanization and agriculture.

Did you get that Dr. Keen and DemystifySci podcasters? We need to be smarter than the ancients who indeed did do debt jubilees… instead of being dumber than they were by not doing it despite the fact that now we have the digital and double entry bookkeeping means of CONTINUOUSLY implementing debt jubilee. How “smart” is it to have a one-off debt jubilee…and then let Finance go right back to dominating every individual and commercial agent and continuing to de-stabilize the economy…for another 60-70 years?

PE101: You completely miss the lesson about equilibrium. The whole point is to explain and demonstrate the adjustment and recovery process after boom and bust cycles and going to higher and lower levels of income. Try actually reading the textbook.

Me: Equilibrium as in stability is what to aim for. What you are missing is the understanding that the present monetary paradigm for the creation and distribution of all new money, namely Debt ONLY…DESTABILIZES AND HAS ALWAYS DESTABILIZED economies since day one of human civilization. Neither you nor Keen have recognized how to remedy this problem CONTINUOUSLY because neither of you analyze on the APPLIED conceptual/paradigmatic level and hence you’re both resigned to being erudite dunces. Sorry to have to school both of you, but the truth is just the truth of the matter. If you want the full policy program and additional policies that rebutt every objection I’ve had hurled at me for the last 8 years or so you could get my book here: https://www.amazon.com/Wisdomics-Gracenomics-New-Monetary-Paradigm-Policies/dp/B08X7MZ4KH/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1552358772&sr=1-1-catcorr

You want positive progressive change? Think conceptually. Why? Because paradigms are concepts, furthermore APPLIED NEW concepts. Keen is a fantastic systemic analyst…but he fails to analyze conceptually despite throwing the words paradigm change around occasionally. New paradigms always perceive/frame the key outness of the present anomalous paradigm. Keen has the build up of private debt correctly identified as a problem, but that doesn’t enlighten completely. The key problem is the concept behind the creation and distribution of all new money, namely Debt ONLY. In other words new money can only be created as debt so Debt ONLY is not only the present problematic monetary paradigm its also a monopoly paradigm. Its exactly analogous to the Roman Catholic’s monopoly paradigm of Salvation via Roman Catholic Sacraments ONLY.

Now, the short course in Paradigmology consists of the following historically verifiable facts: 1) New paradigms are always in complete conceptual opposition to the present paradigm (examples: nomadic, tribal hunting and gathering to homesteading, urbanization and agriculture, also geo-centrism to helio-centrism which 2) also dramatizes a signature of paradigm changes which is complete inversion of temporal universe problematic realities 3) the beneficial effects of every new paradigm have always been an aspect or aspects of the natural philosophical concept of grace like abundance, increased survivability, new/increased awareness, integration/synthesis/unity of opposites to the point of a thirdness greater oneness of a (seemingly) problematic/unresolvable duality, so a trinitarian mindset. Strategic Monetary Gifting is conceptually in complete opposition to Debt ONLY, a policy of a 50% Discount/Rebate at retail sale inverts the present biggest problem of chronic inflation into beneficial price and asset deflation and grace as in Gifting check all of those boxes.

Surprisingly, the 50% Discount/Rebate policy is the first time a spiritual experience is enabled from participation in a temporal universe system, namely gratitude for a gift of price at retail sale. Its also the rarity of directing the attention outwardly instead of inward work to experience spiritual benefit. To my knowledge the only other ways/places this is done is in zen buddhist “wall gazing” and Scientology’s TR-0 and Operation By Duplication process.

Implement a 50% Discount/Rebate Gratitude For A Gift policy at retail sale. Its the primary policy of the Hummelian Monetary, Economic and Spiritual paradigm change.

When you are able to resolve the major problems of the opposites of inner reality/spirituality and temporal universe systems by applying a single new concept you know you’re onto something big.

In other words this policy would not only mathematically double everyone’s purchasing power and hence the potential demand for every enterprise’s goods and services while transforming chronic erosive inflation into beneficial price and asset deflation and invalidating the orthodoxies of The Quantity Theory of Money and that monetarially “Free” Market Theoretics is actually a fetish and misnomer for chaos…but it would also make participating in the economy personally and directly, which everyone must and does do at retail sale, into the greatest opportunity to consciously self actualize gratitude for a gift since the discovery of meditation and prayer…so its probably the first integration of a temporal universe mandatorially necessary human activity and of spirituality since self awareness itself became the human reality, or maybe even since amphibians took their first breath. Think about it.

You’re welcome!

Wow! That IS a real conceptual ride! My only question is: Is there a way to speed up that conceptual/experiencial process, and can we create temporal universe systems that everyone does and must participate in as opposed to ONLY waiting or only having optional, mental and laborious means like meditation and prayer (and those means as well of course) to evolve with that pocess?

For instance, what if we integrated a new monetary paradigm for the creation and distribution of all new money strategically into the economy with a policy at retail sale of a 50% Discount to consumers creating beneficial price and asset deflation because EVERYONE would be able to get $100 worth of groceries for $50, a $60k EV for $30k and a $500k house for $250k and then all of the merchant’s discounts were rebated back to them by the central bank so they would be whole on their entire price? We could (consciously) call it the Gratitude For A Gracious Gift 50% Discount/Rebate Policy at Retail Sale and it could be the beginning of the transformation from an increasingly unstable and frustrating economics into a Wisdomics-Gracenomics.

If god is omni-present isn’t the present moment the time and place to meet/experience him/her/it? Both scientists and religionists need to consider this, and then focus on dropping their normal walking around largely abstract/internal state of consciousness…and instead focus on looking at whatever they experience in the present moment…where the experience of god actually exists.

We do know that the present moment is continuously replete with an electro-magnetic flux of particles coming into and out of existence so what if the focused projection/extension/integration of our consciousness with this flux…is the experience of being united with god, namely grace as in the impulse to actively love?

This could be both a naturalization of spirituality and a spiritualization of science that is actually a thirdness greater oneness of those supposed unresolvable opposite mindsets.

Steve Hummel 12/18/2025

The new monetary paradigm of Strategic Monetary Gifting with a 50% Discount/Rebate at retail sale (the retail sale point of Obamacare is its monthly insurance payment) and its additional stabilizing policy program is the solution. But before you can see that you have to demo it in your mind or on a clay demo table. If you would finally do that Mish you’d see that the new monetary paradigm’s policies are not only the fulfillment of libertarianism’s wished for dreams but the rejuvenation of profit-making economic systems.

If you would please do that…

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Regarding whether or not Trump will sign an Obamacare extension: Of course Trump will sign it (even though he willl simultaneously blame everyone else) because he knows that such an increase in costs for so many people means the republican majorities in both houses will disappear in the mid terms and that means impeachment. Note to Trumpists: Chaos merchants create chaos…not more freedom.

I’m not against trillion dollar coins to pay for the current national “debt” (read almost entirely interest payments/gifted money to the already wealthy) but a much more democratic way to spread out that largess would be to have merchants agree to reduce the price of everything at retail sale by 50% and then, by amending the FED’s charter, have them reciprocally gift the merchants every cent of their discounts back to them. As EVERYONE does and must particpate in retail sale its not only universally benificent it transforms chronic erosive inflation into beneficial price and asset deflation, simultaneously potentially doubles demand for every enterprise’s goods and services and best of all serendiptously creates the greatest opportunity to self-actualize gratitude for a gift since meditation and prayer. Visualize it.

SPJH: So how do we collapse the current system – in a way that doesn’t screw we the people 

Me: First: Broadcast the fact that a policy of a 50% Discount/Rebate at retail sale mathematically doubles EVERYONE’S purchasing power which is the equivalant of getting a 100% pay raise so someone making $45k/yr now can purchase $90k worth of goods and services. Second: Totally ignore all of the sarcasm and/or moaning and groaning from those who don’t actually look at/are unable to see those wildly beneficial effects because they can’t see past their ego involved fallacious orthodoxies and Third: Remember two things that have always been and still are politically true: PEOPLE VOTE THEIR POCKETBOOKS AND THE BANKS AND OLIGARCHS ARE FEW…AND WE ARE MANY.