What if we used the same method the banks use to create money ONLY AS DEBT, namely double entry bookkeeping/equal debits and credits that sum to zero, with a 50% Discount to the consumer/50% Rebate policy back to the merchant at retail sale? That would have the effect of enabling everyone to purchase $100 worth of groceries for $50, a $60k EV for $30k and a $500k house for $250k. In other words that single policy would implement BENEFICIAL price and asset DEFLATION by increasing the money supply which invalidates The Quantity Theory of Money (the heads of neo-classicals, Austrians and libertarians explode). Get the entire policy program of the new monetary paradigm 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

If there is a cover up of the UFO/UAP phenomenon that is caused primarily by vested interests’ protecting themselves and their assets, why not create a means of breaking up the character of the present paradigm of new money creation, namely Debt Only which Finance monopolistically wields…and utilizing the new paradigm of Monetary Gifting to fund open sourced energy research and development…so that the alleged secret and present reality of same is rendered redundant and so irrelevant.

Jesse: I’m a big fan and love the informational content in your hours long videos. Your reference to the Age of Discontent by Max Weber really resonates with me because I believe that modernity and religious orthodoxy are major contributors to spiritual deminishment because they make us abstract everything instead of encouraging more direct experience of the moment. One of the indicators of one being in touch with something significant is if it invokes the element of serendipity, i.e. unanticipated insight/benefit in an area not considered relevant to what is under analysis. For instance, what if the biblical injunction that “the love of money is the root of all evil” is true but by misunderstandingly dropping out the words “the love of” from that injunction…actually inhibits the greatest opportunity to self actualize graciousness as in gratitude for a gift since meditation and prayer…and what if there was a way to create gratitude via a universally participated in EVERYDAY activity and that also resolves the deepest historically recurring economic problems since the first day of human civilization??? I have written a book that enables this kind of serendipitous phenomenon entitled Wisdomics-Gracenomics: The Transformation of Economics and Creating An Everyday, Universally Participated In Infrastructure For The Self Actualization Of Gratitude. 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

I’d love to discuss this with you.

P.S. It also has potential connection with the UFO/UAP phenomenon.

​​You analyze everything EXCEPT the current and new monetary paradigm. Hence you can only advocate for palliative changes instead of systemic/multi-systemic ones.

Lets have the Bancor. Thats a very good idea. But that just makes things better for the banks and the wealthy commercial agents. Integrate a new monetary paradigm of Gifting into the Debt Only system for the creation and distribution of NEW money WITH THE CENTRAL BANK CREATING IT WITH EQUAL DEBITS AND CREDITS AT THE POINT OF RETAIL SALE WITH A 50% DISCOUNT/REBATE POLICY…and the long neglected and dominated individual’s purchasing power doubles, you implement beneficial price and asset deflation and enable the greatest opportunity to self actualize gratitude for a gift even more so than with meditation and prayer…because EVERYONE participates in retail sale and you don’t even have to chant the right god’s name.

Lastly regulate the secondary market so Finance does not take leave of its moorings with “innovation” like in 2008 and you not only have a mega-paradigm change to the money system and the economy you take a gigantic leap away from the current zietgeist of Power toward a new zeitgeist of Grace as in Redeemed/Redemptive Power.

Your analysis is wonderful as far as it goes Ann. Where it falters is in failing to recognize the present monetary applied concept which is Debt ONLY. The word ONLY designates it as a MONOPOLY paradigm not unlike the last monopoly paradigm we dealt with which was Salvation Via Roman Catholic Sacraments…ONLY.

Conceptual monopolies are the bane of human history, and a conceptual analysis of the history of paradigm changes reveals that the answer to monopoly is not advocation of opposites but THE INTEGRATION OF OPPOSITES TO THE POINT OF THIRDNESS GREATER ONENESS which is the classic signature and intellectual process of WISDOM. Furthermore, an analysis of historical paradigm changes reveals that their beneficial effects have always been an aspect or aspects of the natural philosophical concept of grace as in a UNITARY/THIRDNESS GREATER ONENESS OF A PROBLEMATIC DUALITY (like debt and monetary gifting) and again results in a new mental and temporal universe reality whose aspects are one or more of the voluminous other aspects of grace. We need a new monetary paradigm that ushers in a Wisdomics-Gracenomics.

By the way I very much like your idea of social basics. What we need is an integration of work ethic and other positive human purposes to the point of thirdness greater oneness of those two human virtue creating activities.

One aside here. I’m not necessarily suggesting any particular religiosity here by invoking the word grace. You’ll pardon the expression: God save us from the gross moralists and the religious obsessives. I am suggesting we stop mistaking the map of religious orthodoxy for the topography of the self actualization of the values and experiences espoused in those orthodoxies.

Look At That (object/space/sensation). Look At That (object/space/sensation) Again. How Is It Different?

Look At That (object/space/sensation). Look At That (object/space/sensation) Again. Did you experience it in a new unit of time?

Look At That (object/space/sensation). Look At That (object/space/sensation) Again. Did it cost you anything to experience it?

Hudson is astute alright, but neither he nor Steve Keen or Warren Mosler have identified the new monetary paradigm of Monetary Gifting and the strategic point in the economic process at which to implement that new paradigm. The above are all very, very smart systemic analyst guys, but because they haven’t analyzed on the conceptual/paradigmatic level they’ve missed it. Every new paradigm IS A NEW CONCEPT, A NEW KEY APPLIED CONCEPT. Its helio-centrism instead of geo-centrism, or homesteading, urbanization and agriculture instead of nomadic hunting and gathering. It IS true that at the point of exchange money is legitimately always debt because every commercial agent is entitled to their full price. However the new paradigm of GIFTING ALSO changes the monopoly paradigm for the creation and distribution of ALL NEW money, that is DEBT ONLY (the word ONLY designates it as a monopoly paradigm) while also guaranteeing that all commercial agents get their full price via the same method new money is currently created, namely double entry bookkeeping/accounting specifically equal debits and credits that sum to zero with a 50% Discount/Rebate policy at retail sale…so the consumer gets $100 worth of groceries for $50, a $60k EV for $30k and a $500k house for $250k. And then, as your car payment and mortgage payment are the retail points of those liabilities the mandated new paradigm PAYS FOR 50% OF THOSE TOTAL PAYMENTS AS WELL SO YOU’RE ACTUALLY GETTING THAT $60K EV FOR A PAYMENT EQUIVALENT OF ONLY A $15K LOAN AND A MORTGAGE PAYMENT EQUIVALENT OF ONLY $125K.

All of the things you suggest we do are well and good. However, their effect does not recognize the core of the problem and how to resolve it. As you have said before every year the banks create upwards of 97% of all new money. Thats a monopoly percentage. The problem is the monopoly paradigm of Debt Only as the sole form and vehicle for the creation and distribution of new money, and its solution is the strategic integration of Monetary Gifting into the Debt Only system with a 50% Discount/Rebate policy AT THE POINT OF RETAIL SALE. Doing that macro-economically (because EVERYONE participates in and/or is effected by the price at retail sale) doubles potential demand while simultaneously implementing beneficial price and asset deflation thus invalidating the quantity theory of money (the heads of the orthodox explode).

This policy actually integrates private finance back into the actual economic process as presently it is a wholly exterior cost adding parasite on the actual productive economy because Debt/loans are always pre-production or post retail sale. So for instance with the 50% Discount/Rebate policy a $500k house is reduced to $250k at retail sale and then at the newly recognized retail point of Finance, i.e. your mortgage payment, one’s payment is reduced to the quivalent of a $125k loan while the bank receives its full payment on the $250k loan.

Presently we are stupider than the ancients who used periodic debt jubilees to reset their economies. The problem with that was it enabled finance to re-dominate everyone for another 70+ years because it didn’t change the paradigm of Debt Only. What we need is to become smarter than the ancients by strategically integrating continual debt jubilee into the economy with the 50% Discount/Rebate policy at retail sale.

1. Thou shalt have no systemic or paradigmatic economic and monetary monopoly powers.
2. Systems and mental and temporal realities are made for Man, not Man for systems and/or mental and temporal realities.
3. All monopolies are dominating and hence cannot be ethically justified.
4. Grace as in the active form and expression of love is the highest spiritual/ethical value, experience, personal virtue, component of the superlative intellectual discipline AKA Wisdom which is the trinitarian integrative mental impulse and process
5. The effects of every historical paradigm change have always been an aspect or aspects of the natural philosophical concept of grace.
6. Ethical commercial agents are entitled to their full price.
7. The trinitarian/thirdness greater oneness process of the accounting operations of equal debits and credits summing to zero combined with the new monetary paradigm of Gifting breaks up the present dominating monopoly monetary paradigm for the creation and distribution of new money of Debt Only, creates no moral conflict for commercial economic agents and monetarily resolves the deepest problems in economics while enabling greater personal freedom, abundance and serendipidously, creates the greatest and universal opportunity to self actualize grace as in gratitude making it the first necessary as in economic and non-religious temporal universe human system action, to align with human spirituality.
8. Monetary and economic mental and temporal alignment with the natural philosophical concept of grace is the next and rarest of progressive human phenomena which is The Mega Paradigm Change.