“The fundamental problem being that orthodox economics only thinks of inflation being caused by too much money. “

Precisely. And that orthodoxy exposes the fact that “free” market theoretics isn’t free at all. Why? Because in the human universe there is no such thing as TOTAL freedom, only freedom within known and enforceable barriers. Why? Because there’s this little thing called ethics. Its why you can’t walk into a theater and yell “FIRE!” Libertarians believe in TOTAL freedom and most other economic theorists (and even Steve Keen and Michael Hudson) have not cognited on this flawed theoretical framework let alone found a way to remedy the flaw.

“Free” market theory has no actual barriers to inflation and so is actually the absence of barriers AKA the unstable state of chaos. Put that together with the present monetary paradigm concept ENFORCED for the creation and distribution of all new money which is Debt Only and is it any surprise that Finance rules…and is the only business model to survive almost unscathed…from crises they originate?
The solution? The new monetary paradigm of Strategic Monetary Gifting implemented by a 50% Discount/Rebate policy at retail sale…and the rest of the freeing policy program that actually increases agent freedom and economic abundance by establishing known and enforcable barriers…within which freedom can actually be established.

Get real about the fact that “free” Market Theoretics isn’t free at all. but a chaotic, unstable and unworkable framework for the present monetary paradigm to dominate everyone and every other actually legitimate commercial agent because it does not allow the new monetary paradigm of Strategic Monetary Gifting and set up a new framework that has known and enforceable barriers within which there is actually much more freedom than there is now.

Without such a new framework all of the current economic problems we have like chronic erosive inflation, chronic austerity of individual demand and delusional attempts to reduce government debt by slashing deficits that are actually payments to the private sector will continue to leak out of the economic digestive tract and inflame modern economies.

You’re spot on as usual Anne. The best way to end inflation would be to implement a 50% Discount/Rebate policy at retail sale. Why? Because retail sale is the single universally as in aggregatively participated in point in the entire economic process and as macro-economics is about aggregates that makes this policy automatically have macro-economic effect. Also, as retail sale is the terminal ending point of the economic process where production exits the economy and becomes consumption it is also the terminal expression point for all economic factors…like inflation for instance. Thus if by double entry bookkeeping and the 50% Discount/Rebate you can get $100 worth of groceries for $50, a $60k EV for $30k and a $500k house for $250k you’ve accomplished what every historical paradigm change has done and that is, totally inverted the present problematic anomalous temporal universe reality, which in this case is it transforms chronic erosive inflation into beneficial price and asset deflation. But wait! What is the retail point of Finance? Why your monthly automobile, mortgage or other large loan payment. So with the 50% Discount/Rebate policy you can actually integrate the present wholly exterior parasite to the actual productive process AKA Finance by having the central bank pay for 50% of your loan payment enabling you to get that EV for a payment equivalent of $15k and that $500k house for the equivalent loan payment of $125k. Lots of other policies that shore up some of the other gaming, destabilizing and unethical things that “free” market theoretics enable in my book which you can get here: https://www.amazon.com/Wisdomics-Gracenomics-New-Monetary-Paradigm-Policies-ebook/dp/B0C49B9PX7/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=1552358772&sr=1-1-catcorr

C. H. Douglas’ compensated retail discount policy was way ahead of its time, but he never envisioned and I myself didn’t immediately see that my 50% Discount/Rebate policy at retail sale was both synchronicitous and serendipitous at the same time.

It was synchronicitous because it was implemented at the terminal expression point of inflation and with the policy having a very high percentage was able to transform chronic erosive inflation into beneficial price and asset deflation thus its “turning of the tables” effect enabled it to invalidate The Quantity Theory of Money.

The serendipidous aspect of the policy is that its gifting of price and so purchasing power not only created tremendous individual economic benefits and systemic economic problem resolving effects, but also evoked social happiness and relief and even more importantly the greatest opportunity to self actualize gratitude for a gift since meditation and prayer. In other words a change in the monetary paradigm surprisingly resolved problems in present social psychology and spirituality.

Religion as orthodoxy/abstraction only instead of direct experience of the present moment IS humanity’s deepest problem and deception.

The most basic trinity is Start, Stop and Re-start.

The most basic quadrinity is Start, Stop, Re-start and continuously Re-start.

Trinities and quadrinities apply to consciousness, mindsets and the temporal universe.

Perhaps the ultimate quadrinity is Temporal Universe Start, Stop, Restart and the Simulation.

Copernicus: I consciously realized the precise problematic present monetary concept (Debt Only) and the precise new problem resolving monetary concept Strategic Monetary Gifting.

Gallileo: I realized that retail sale was the single universally participated in and thus both the single macro-economic as in aggregative effect point in the entire economic process and the exact paradigm changing point in the economic process to implement the new monetary concept.

Kepler: I realized that

1. merely matching the inflation percentage rate at retail sale with a gifted discount still enabled commercial agents to game the system by simply raising prices, but
2. that making the discount rate very high with a 50% discount/rebate policy at retail sale would force them to accept that policy’s benefits and yet
3. if they continued to inflate higher they would lose market share to their competitors who didn’t do so and expose them as not having the good will of their customers in mind and
4. that the high percentage rate discount resolved the deepest problems of the economic system and the problematic present monetary paradigm and finally
5. realized that “free” market theoretics was actually largely a framework for continuing/enforcing the present anomalous, monopolistic and problematic monetary paradigm and so not free at all.

Yes, the FED is the handmaiden of the banks in “normal” economic times and their bailbondsman when the banks screw up as in 2008. Yes, the FED’s charter needs to be amended to serve all economic agents not just Finance as you correctly point out that IOR does. Yes, “free” market theoretics is actually a misnomer for its actual effect which is financially dominating chaos via the banks wielding of their monopoly paradigm concept of Debt Only for the creation and distribution of all new money. Yes, yes, yes greenbacks are the model for money creation. Why? BECAUSE THEY WERE MONETARY GIFTS!…that plus they were probably the primary reason the North won the Civil War, and the only reason that inflation occurred afterwards is we were on a gold standard instead of a fiat/double entry bookkeeping money creating system and didn’t have digital technology as we do now.

So lets have the reforms you suggest and also the policy program of Wisdomics-Gracenomics including the most beneficial and democratizing policy since forever a 50% Discount/Rebate at retail sale which would mathematically double everyone’s purchasing power and transform chronic erosive inflation into beneficial price and asset deflation because it is implemented with digital technology at the terminal ending point and summation of all costs where production exits the economy and becomes consumption and because it is the single universally participated in point in the entire economic process, namely retail sale, BENEFITS EVERYONE AND EVERY ECONOMIC AGENT INDIVIDUAL AND COMMERCIAL.

If we want to permanently resolve our economic problems and change the entire character of the economic and monetary system…change the present anomalous paradigm concept. As they say in the NFL “ya gotta go deep, go long!”…’cause the clock is ticking loudly.