Then find its most efficacious applications and everything changes for the better…especially if its a mega-paradigm change and is even a step toward the only thing bigger and more momentous than a paradigm change which is a change in zeitgeist/ethic of the age.

Hint: the new paradigm concept will always be an aspect or aspects of the natural philosophical concept of grace. Like for instance the change from the current monopoly monetary paradigm for the creation and distribution of all new money which is Debt Only to the new concept which also breaks up the monopoly problem which is grace as in Strategic Monetary Gifting.

Steve Hummel 11/03/2025

The 50% Discount/Rebate policy at retail sale works better because its economic effects are more general and continuous. Generally because the 50% jubilee effect is on BOTH everyday consumer items AND on mortgage and other big ticket item’s loans, and continuously because the retail point of Finance, insurances, rental payments etc. ALSO gets the 50% Discount every month…so its not just a one-off the jubilee effect is ongoing.

Macro-economically speaking, the problem is not government debt ITS PRIVATE DEBT!!! Start there by consulting Steve Keen and Michael Hudson for their analysis…and then me because I take their correct mathematical conclusions and actually solve them…by accomplishing the most hoped for changes of both libertarian and liberal economists.

Mish, you once said that you learned alot from Steve Keen in that he made you realize that loans create deposits so you’re half way there. Now all you have to do is realize that changing the NATURE of a percentage of those PRIVATE deposits can integrate left and right economic theory and create a thirdness greater oneness of their hopes…in the temporal universe that we all inhabit.

Republican AND democrats alike are the problem because they only want to spout “solutions” read half truth orthodoxies…instead of changing a single APPLIED concept regarding the nature of new money so as to break up its monopoly effects. We need a Copernicus, not an economic bible thumping obsessive.

Three main policies of an over all policy program: A 50% Discount/Rebate at retail sale, a reasonable monthly universal dividend of say $1000/mo. or equivalent in your own currency and a tax rate of at least 100% on any revenue garnered via “greedflation”, greedy-assed speculation, particularly currency naked shorting.

Everybody’s got money, inflation is transformed into beneficial price and asset deflation and you establish known and enforceable barriers to unethical attempts at gaming such an economic and monetary paradigm change instead of deluding yourself that “free” market theoretics is free instead of a fetishized framework for the unstable chaos of no actual barriers i.e. TOTAL freedom, primarily because Finance is able to wield a monopoly monetary paradigm for the creation and distribution of all new money AKA Debt ONLY.

So you’ve got all the tools and rules for investment to create a diverse economy.

And, you’re no longer unconscious of the solution to the biggest problem impeding human progress and survival because money is how things get done or not done including investment, eating, having better access to abundance and doing what must be done when really big problems confront you like climate change and finding new and better ways of accessing clean energy. So…you’re welcome. And just for good measure here’s a fourth policy that might help us resolve those problems:

A sliding scale percentage of gifted money and purchasing power required to be invested in 5-6% treasury bonds for the rational goal of Eco/Energy research and development.

The 50% Discount/Rebate policy at retail sale: accounting: Asset: Total of retailers discounts to consumers. Liability: Central Bank’s rebate of money to zero the retailer’s account.

Paradigm change in a single policy because it fulfills the signatures of historical paradigm changes of
1) complete conceptual opposition from Debt Only to Strategic Monetary Gifting,
2) resolution of problems/anomalies of present paradigm by transforming chronic inflation into beneficial deflation and chronic austerity of demand into relative abundance of same. Also
3) ends historically destabilizing private debt build up because the monthly mortgage payment on a $500k house is reduced to the equivalent of a loan of $125k (50% discount at retail sale to $250k and the central bank pays 50% of the $250k monthly payment.)
4) it actually integrates private finance, which has always been either post retail sale or pre-production and hence is a wholly exterior costly parasite on the actual economic/productive process into the economic process, …finally making it a legitimate economic agent.
5) it even benefits Finance because with the retail discount and a resonable universal dividend policy the mortgage market is vastly increased and stabilized because virtually everyone would be creditable.

…Einstein’s quote that the purpose and process of inquiry should be “as simple as possible, but not too simple”. Which means it should seek Wisdom whose insights are by definition deep resolving simplicities like…Money is money, but creating it as both debt and as a gift solves more problems and brings more abundance…than allowing it to be MONOPOLISTICALLY created ONLY AS DEBT.

What AI doesn’t know (that the current monetary paradigm for the creation and distribution of all new money is Debt Only, and is a monopoly concept that keeps all of the major economic problems we’re trying to resolve in continual stimulation) of course limits its knowledge and perspective. If you use accounting’s basic operations to create new money simply as a gift to reduce price by 50% at significant points like retail sale which EVERYONE participates in and is effected by then everyone’s purchasing power is mathematically doubled….without any moral hazard. In other words tying reciprocally gifted price and money to the ultimate price of anything and everything benefits everyone and yet the merchant still gets their full price.

Paradigm changes are always beneficial changes. Its just that you have to actually look at their effects instead of merely computing on the orthodoxies they destroy.

Try running that at GROK Mish (and the other taxation policies of Wisdomics-Gracenomics I’ve posted here before). Educating AI might educate humans after all.

The new monetary paradigm transforms chronic erosive inflation into beneficial price and asset deflation and even quadruples the size of the market for creditable borrowers. So even though you’ll lose your dominating and destabilizing monopoly paradigm for the creation and distribution of new money you’ll still gain both monetarily and ethically. Indeed, when you pursue virtue instead of trying to impede it “Its a wonderful life!”

Politics: Conviviality. Trump is not convivial. Unity/Unifying. Trump is devisive. Integration/Togetherness. Trump uses blame, demagoguery and outright lies to create unnecessary and false separteness. Redemption/Redemptiveness/Redemptive Use of Power. Trump utilizes unconstitutional power to hurt, harm, punish, dominate and manipulate.

Media: Grace is action as in looking and knowing instead of dogmas/orthodoxies which are already decided repetitive mental computing and so not looking, knowing or even thinking. Much of media is outrightly biased or at least does not adequately rise to the objectivity of looking and knowing. Discernment of Thirdness Greater Oneness/Wisdom: Media and the entire mindset fomented by gross right/wrong moralism leads to modernity’s obsessive egotism and thus unwillingness to see and embrace Thirdness Greater Oneness/Wisdom.

Economics:

I completely agree that increasing public infrastructure projects is a good idea, and your history of the FED and the government is spot on as well. One thing I’d like to add to your analysis is the fact that the vast majority of money creation is funneled through enterprise and government projects and only “trickles down” to the individual. This paradigm of Indirectness is not only inefficient it actually re-inforces the power of oligarchy. Don’t get me wrong direct funding of public and private projects is also legitimate…its the monopoly paradigm of Indirect Funding ONLY that is the problem. And this is why Direct funding with a universal dividend and a 50% Discount/Rebate policy at retail sale..along with public and private projects…would enable even greater, more stable and democratic growth and development.

Another thing if I may. The framework of “Free” Market Theoretics that neo-liberal and libertarian economists throw around is actually a misnomer for chaos because it has become a fetishization AKA TOTAL FREEDOM…when there is only freedom within known and enforceable barriers…because there’s this little thing called ethics/the rational consideration of mere morals. So chaos is absolutely not good, growing the productive economy along with public indirect funding enables a little freedom for the general populace and both indirect and DIRECT funding greatly increases that freedom. Good example of this freedom and establishing known and enforceable barriers would be the above two policies that would double everyone’s purchasing power while transforming chronic erosive inflation into beneficial price and asset deflation…and then saying to enterprise: Okay, in exchange for doubling the potential demand for your goods and services with these policies you can raise your prices in a way that causes an honest assessment of monthly calculated and per annum inflation of 2%, but any higher price raising and particularly any “greedflation” will now be taxed at a rate of at least 100%.

Stratwgic Direct non-debt funding is a monopoly busting, freeing, integrative of long standing opposing self interests, a bureaucracy busting phenomenon, and even a psychological/social/spiritually beneficial applied concept.

Examples: Monopoly…shown above, Freeing…also shown above,Traditionally opposed self interests…shown above, bureaucracy busting…with a $1000/mo. universal dividend and a 50% Discount/Rebate at retail sale why would we need most of the welfare and unemployment insurance payroll taxes? psychological/social/spiritually beneficial applied concept…going to the store to receive a gift of 50% of the price of virtually everything and everyone participates/is effected by retail sale…its Christmas everyday and the greatest opportunity to self actualize gratiude for a gift since meditation and prayer.