Rebuttal To The Ecological and Population Questions

DT:   Craig, I sometimes wonder if you can read! I outline the argument for credit cards as a paradigm for giving people “money” when they need it, paid for by their earning it, and you come back saying “Nobody has suggested a program nearly as comprehensive and immediately effective as my new monetary and financial paradigm”!

So you want us to give back money to those who already have too much, but not to penniless producers turned off their land so trees can be chopped down to grow stuff for beef-burgers and margerine?

It seems you have never thought about Malthus’ problem, never mind our current need for self-imposed austerity in both consumption and reproduction (i.e. overall birthrates), hence the need for local control information and global mobilisation of tree-replanters. But are you SEEING what I am saying, or as usual just LISTENING to yourself?

Me:   Dave, a credit card is not a monetary gift, it is a DEBT….and that places you unmistakably in the private banker’s mindset and paradigm of DEBT ONLY as in a monopoly paradigm. The monopolistic onlyness, especially in supposedly COMPETITIVE free enterprise economic systems, is precisely what is problematic and wrong. Comprende?

The Adamic curse was lifted over 2000 years ago. It’s time we applied it to the economy and money system. Or does it not apply there?

Now if you’re an entrepreneur or business person and you want or need to increase your production, or a home buyer the national publicly administered non-profit banking system will be happy to create and LEND you the required funds…at o%…unless you’re a hard core pornographer or drug king pin or something….then you’ll have to go to the private financiers with someone’s already created and saved profits or incomes and they’ll intermediate your project at a rate of interest that I’m sure would be a “deal”.

“So you want us to give back money to those who already have too much,”

Of course of those who have much, much is required, but the politics of envy are largely irrelevant….and old paradigm as well.

“but not to penniless producers”

Not relevant critique. As I showed Ken, my program of a dividend and a job guarantee enables his homeless Portlander to have over $52k worth of purchasing power per year. Solidly middle class for an individual.

“turned off their land so trees can be chopped down to grow stuff for beef-burgers and margerine?”

A sovereign, and under the new paradigm’s policies an obviously benevolent government, people will not be extortable and having knowledge of their prior oppression will undoubtedly be sensitive to the caprices of commercial interests who also being under the gracious but sovereign purview of the government, will not have free reign to exploit.

“It seems you have never thought about Malthus’ problem, never mind our current need for self-imposed austerity in both consumption and reproduction (i.e. overall birthrates), hence the need for local control information and global mobilisation of tree-replanters. But are you SEEING what I am saying, or as usual just LISTENING to yourself?”

Doubling purchasing power does not equate with a doubling of commodity consumption.

Select additional subsidization of green consumer products and the enabling of funding for the mega projects necessary for ecological survival…are a primary part of my program and end the idiocy of such being “too costly” under the current financial paradigm of Debt Only.

I’m sure there’s a gracious integration of population control within ecological survival…but it won’t have any possibility of enactment unless we awaken to the new monetary and financial paradigm FIRST. The new zeitgeist is grace and the current zeitgeist is power. So maybe you should figure out what that means.

Reply To Poster Asking For A Description of the Direct and Reciprocal Monetary Gifting Proposal

EZ:  Craig: Where can I find a definitive description of your Direct and Reciprocal Monetary Gifting proposal?

Me:  In my book on Amazon entitled: “The New Monetary Paradigm and Its Policies….Change Everything” which I’m re-writing presently for conciseness and policy emphasis. Give me a week to finish the changes.

The actions of the 50% Discount/Rebate policy at retail sale perfectly describe and express the new paradigm. All merchants opting into the policy (read all of them because to opt out is to become completely uncompetitive) agree to reduce any and all product or service prices by 50% and open an account for all sales entitled discounts. The total amount of their discounts to consumers is rebated back to them by the monetary authority whether that is a new actually publicly administered federal level monetary authority or whatever authority is mandated to fulfill the rebate, and in so doing make every merchant whole on their overheads and margins of profit.

As retail sale is the terminal ending point of the entire economic/productive process for every consumer item from a package of chewing gum to an automobile or home and is by definition also the terminal expression point for all economic and monetary factors, like inflation for instance, because it is the point where production becomes consumption. If possession is 90% of the law, then possession as in consumption at retail sale is 99.9% of economics. That means everyone’s purchasing power just got doubled at the very least (the dividend of course is additionally doubled purchasing power and enables transfer taxation elimination).

Price inflation is typically a small single digit percentage so the net percentage discount insures beneficial price deflation, and even if after the taxation discouragements and further sanctions I recommend in the new paradigm program to inhibit greedy anti-social businesses from inflating still somehow results in say 1-4% overall inflation….you just make the discount 51-54%.

Hyper-inflations never happen without several specific and disastrous circumstances happening like a prior war and the destruction of most of a nation’s productive capacity and then a compliant central bank that leverages up speculators who short the currency that initiates the actual final hyper-inflation. That plus high-tech capital intensive economic systems are costly and still competitive meaning they can’t just raise their prices arbitrarily high without losing market share. So never mind the straw man/rabbit hole of the hyperinflationistas.

Reply to Posters On Ellen Brown’s Forum

GA:  The climate scientists have called for a shrinking of GDP and population. The world is having a difficult enough time growing and staving off the wickedness of negative interest rates with these climate scientist directives!
The climate science directives would likely not support a massive green increase in GDP although we all know that it would only be a temporary increase.
Unfunded fiscal MMT/Green will result in use becoming like Japan. We seem to be sliding that way with Trump’s MMT tax cuts which were unfunded, along with the tax of tariffs. Both parties are a mess.
Me:  Doubling purchasing power does not necessarily equate with a doubling of consumption/commodity through put. The policies below end the paradox of thrift, and the directness of direct and reciprocal monetary gifting/direct distributism greatly homogenizes the effects of the fallacy of composition.

The $1000/mo universal dividend, 50% discount/rebate policy and national publicly administered non-profit banking and financial system and other regulations eliminate inflation, the need for transfer taxation for welfare, unemployment insurance and social security.  The second 50% discount/rebate at the point of note signing for any and all green technologies and green consumer goods super charges the ability to purchase and necessity of finding renewable energy and resource alternatives.

After inflation and other deep problems of the current paradigm are eliminated by all of these policy benefits the direct fiscal distributism enabled by the national non-profit financial system will also enable reductions in both personal and corporate taxation (if they abide by the new paradigm rules) and the funding of the mega projects necessary to survive climate change/collapse due to dwindling petroleum reserves. It will also fund a massive job guarantee to create an army of tree planters and other projects like off planeting large amounts of production as well.
Or we could blindly stumble our way to human and planetary disaster via inaction, palliative reform and regressive and terminally orthodox “thinking” for another 40-50 years.
JR:  “Modern Monetary Theory” to persuade awakening economists that debt doesn’t matter (!)

 
Who’s advocating for the reform of MMT? Not me. It does make the nascent observation that the amount of money you can inject into the economy wouldn’t matter AND WOULDN’T BE INFLATIONARY….IF YOU UTILIZE A DISCOUNT/REBATE POLICY AT THE TERMINAL ENDING POINT OF THE ENTIRE MICRO-ECONOMIC/ACTUALLY PRODUCTIVE PROCESS AT RETAIL SALE….which they are still unaware of.
 
Tax-based Universal Income  where the cost- inflationary effect of the tax would more than wipe out any benefit, but the blame can be put on “too much momney”, thus bringing all monetary reform into disrepute.”
Same as above. Have never advocated for it. Direct fiscal monetary distributism coupled with a 50% discount/rebate monetary policy at retail sale answers the “insights” of those stuck in the mindset of the old/current monetary paradigm. 
 
Best strategy is demonstrate the immediate, mathematical, empirical and temporal universe benefits to those whose self interests the more than doubling of purchasing power serves (students, small to medium sized business community, everyone who is unemployed, every individual who is employed and pays 20-30% of their pay for redundant transfer taxes AND their employers who also pay such taxes) and then create a mass movement to herd the pols on both sides whose constituencies have been united behind all of the benefits…toward its implementation. Cynicism is irrelevant. Palliatives are actually unethical behavior when solutions are imminently possible. Forget them and get off your asses and get on the bandwagon! 

Rebuttals To The New Paradigm and Its Policies

Doubling purchasing power does not equate to a doubling of consumption or commodity through put.

We haven’t acted/created effective policy for climate change and renewable sources of energy for almost 50 years. The policies I’ve suggested will FINALLY enable and streamline what we should have been doing for that period.

The new monetary paradigm ends the paradox of thrift and with its directness greatly homogenizes the so called “fallacy of composition” in economics and the money system.

Nobody has suggested a program nearly as comprehensive and immediately effective as my new monetary and financial paradigm. MMT only talks about government debt. Public Banking is a mere reform. UBI/QE for the people is a mere bone toss to we serfs. Hudson’s diatribes against finance are spot on but there’s no policy program to do anything effective about financial illegitimacy. Keen exposes financial instability, but again has no insightful or comprehensive way to accomplish the new paradigm he says we need, and then squirrels off to dealing with energy. Indeed, a very important area of research, but an excellent example of focusing on problems to the point of the neglect of solutions. We don’t need intellect nearly as much as we need wisdom….which of course includes intellect.

The Single Truly Aggregative and Hence Powerful Point in the Entire Micro-Economic, Actually Productive Process

Retail sale. And that is how and why a direct and reciprocal monetary policy at that point resolves virtually all of the problems that macro-economists currently puzzle over in our monetary economy. Too simple for the erudite to countenance, too much of a plain as the nose on your face part of the otherwise complex economic calculus to perceive by same….and too utterly beneficial to every legitimate economic agent….to be denied.

It (the 50% Discount/Rebate monetary policy) is the very expression of the new monetary and financial paradigm of Direct and Reciprocal Monetary Gifting.

The 2% Discount/Rebate Participation Tax

For any corporation, domestic or foreign, using fake accounting to pay no tax there will be a 2% tax on their gross revenues in order to be able to participate in the 50% Discount/Rebate policy, and they will have to faithfully obey the rest of the gracious policies and regulations.

Personal Quote

Conservatives are always on the wrong side of history because evolution is a fact and the true underlying nature of the cosmos is grace as in interactive, integrative flow through time and space.

Steve Hummel 11/28/2019