Yes, if there is one thing more important and more fulfilling than money its fulfill…ment itself. However, the truth is, presently, there’s actually one thing even more important than money and that is power. And where is the most power? Thats right Finance’s ability to create new money…only as debt. That’s a MONOPOLY paradigm of Debt ONLY. Now there’s nothing inherently wrong with debt itself. Again, only its dominating monopoly character. The last monopoly paradigm we had to deal with was Salvation Via Roman Catholic Sacraments ONLY and the result was The Reformation. Breaking up the monopoly monetary paradigm would be the first best step in the direction you suggest we’re headed because its the deepest, most underlying and probably the most unperceived problem of the current situation. And what is the new monetary paradigm? Well historically new paradigms have always been in complete conceptual opposition to the present paradigm and that new concept always resolves the deepest problems of the present anomalous paradigm by creating an integrative thirdness greater oneness of that seeming unresolvable duality. So put this altogether and you get a new paradigm of Strategic Monetary Gifting…not Gifting Only which would simply set up another monopoly paradigm, but for instance one place to implement monetary gifting would be at retail sale because everyone participates in retail sale. So a 50% Discount/Rebate policy at retail sale would mathematically double everyone’s purchasing power and simultaneously double the potential demand for every enterprise’s goods and services while transforming chronic erosive inflation into beneficial price and asset deflation (the consumer gets $100 worth of groceries for $50, a $60k EV for $30k and a $500k house for $250k…and yet the grocer, car dealer and house builder get their full price with the rebate aspect of the policy. Finally, this single policy would be the greatest temporal universe opportunity to self-actualize gratitude for a gift since meditation and prayer, both of which are only inward activities, so its actually an integration of opposites (inward and outward universes) in and of itself.
Posted To Mish Shedlock’s Blog 11/05/2025
A thirdness greater oneness resolution of seeming unresolvable opposites will benefit everyone and enable the changes that both parties hold most dear. That thirdness is my new monetary paradigm policy of a 50% Discount/Rebate at retail sale because it doubles everyone’s purchasing power (democratic wet dream) while simultaneously doubles potential demand for every enterpise’s goods and services (republican wet dream), transforms inflation into beneficial deflation (libertarian wet dream).
To ignore or let pre-conceived orthodoxies prevent you from seeing these policy effects traps you in the unresolving dualities of capitalism vs socialism and democrat vs republican instead of the thirness greater oneness which has historically always been the signature of paradigm change.
The Cruel But Honest Truth Is:
Those who commit cynicism and/or palliation of problems when a new paradigm is known and available makes them appeasers of oligarchy and authoritarianism.
Steve Hummel 11/05/2025
Speech Prelims/Things To Keep In Mind
- All new money is created ex nihilo, that is out of nothing, simply with double entry bookkeeping, and this itself is not a problem
- Presently, virtually all new money is created and distributed only as debt which makes the present monetary paradigm…the monopoly concept of Debt Only, and this Is a problem, primarily because of its monopolistic character
- Paradigms by definition are both mental and temporal universe applied concepts, and so new paradigms change both the minds and the worldly circumstances of mankind.
- Paradigm changes are permanent progressive solutions, so unless you value mere palliatives more than solutions…when a paradigm change is available…cynicism is actually irrelevant and the only choice is determined effort until the change is accomplished
- Science is primarily identifying problems and Wisdom is about solutions
- Problems are defined by dualities like capitalism vs socialism etc. and new paradigms are integrative thirdnesses/resolutions of seemingly unresolvable opposites/i.e. dualities, thus new paradigms and wisdom insights are synonymous phenomena
When…
When you see, by actually looking at it, a solution of the magnitude of a paradigm change, which is both a mental and temporal universe change, then cynicism is no longer relevant, and the only decision is to broadcast and enlighten that change to everyone until its accomplished.
Changing Multiple Economic and Monetary Paradigms
- The Customer Must Pay Ultimate Full Price At Retail Sale
- All New Money Can Only Be Created As Debt
The 50% Discount/Rebate policy at retail sale changes both of these paradigms.
Proviso: All current discounts like MSRP, loss leaders and resaler discounts on non-selling merchandise must remain in effect.
Life Is As Easy As 1 and 2 and 3 and Major Hint
The temporal universe is set up to be/to present as a problem, that is a duality of right/wrong, self/other, thought/counter thought, emotion/counter emotion, effort/counter effort etc. etc. This 1 and 2.
Homo sapiens/wise and discerning man’s most basic job/purpose is to resolve these dualities in the best possible way utilizing its correctly identified exclusive capability namely the contemplative discipline known as Wisdom which has always been associated with “the third resolving way”…out of the trap of the apparency of the Problems Only nature of life/living/continuous change of the temporal universe. This is 3 which is the thirdness greater oneness resolution of an apparently unresolvable duality.
As the natural philosophical concept of grace as in loving action is both the superlative experience and goal of all of the world’s major wisdom traditions, and some of its major aspects are unity, integrative resolution of opposites and thirdness gretaer oneness of dualities…a major hint is to contemplate and self actualize the aspects of grace.
Steve Hummel 11/05/2025
Monopolies Are Problematic
There isn’t anything INHERENTLY wrong with the concept of debt. But everything is wrong/problematic with our current MONOPOLY monetary paradigm for the creation and distribution of ALL new money which is the APPLIED concept known as Debt ONLY.
Posted To Mish Shedlock’s Blog 11/04/2025
One of your best posts Mish. It high lights how important nuance is in everything…because there’s always going to be differences of opinion, but the most important thing is to strive to guarantee the freedom and problem resolving effects…within those opinions/barriers. And authoritarianism ignores that goal and process because it monopolizes power, while democracy although messy insists that you consider/look at/seek to resolve opposites instead of being a mere apparachik.
Monopolies are ALWAYS problematic. I’m assuming you are against monopolies Mish. Monopolies create problems. Breaking up monopolies enables solutions…if you discover the key outness created by that monopoly and then apply its solution. Creating all new money ONLY AS DEBT…IS A MONOPOLY CONCEPT/PARADIGM. And breaking that up with strategically applied Monetary Gifting like with a 50% discout/rebate policy at retail sale etc. enables the things that both political parties want to see like the simultaneous resolution of inflation (both parties and everyone) and benefical deflation (Republicans/libertarians), increased purchasing power (everyone) reduced taxes (everyone especially libertarians and republicans), and last but not least a feeling of relief and gratitude for a gift of price/purchasing power that has no moral hazard and effects everyone because everyone participates in retail sale. So whats not to like about ending the authoritarian monopoly monetary paradigm of Debt Only with Strategic Monetary Gifting?
Mental and/or Temporal Universe Looking Begets Knowing…
…and not looking is not even thinking, but rather mere computing on past decisions…that most of the time need revision.
Steve Hummel 11/03/2025