…whether they realize it or not, is not waaay liberalism or waaay conservatism, but rather an integrative thirdness greater oneness of that, or any problematic dualism. The only phenomenon that historically accomplishes that is a paradigm/key applied conceptual change.

The whole is the faster mental route to greater understanding than the particular mostly because the whole is willing to acknowledge, utilize and integrate the particular, while the modus operandi of the particular too easily lends itself to habituating the duality of right and wrong.

…is throwing out the bath water of an increasingly rigid, orthodox and quasi-religious intellectual discipline of Science Only without also throwing the baby of Wisdom out with it.

Science is a wholly contained set within Wisdom which is the integrative thirdness greater oneness perspective and mental discipline.

Commercial agents deserve to get their full price, but does the individual have to pay that full price? What if a supplemental monetary accounting process paid for half of that price? Like with a 50% Discount (credit)/50% Rebate (debit) at retail sale. The commercial agent would get their full price and yet the individual would only have to pay half of the price, IOW resulting in beneficial price deflation, a doubling of the individual’s purchasing power and the solution to inflation and chronic austerity of demand.

The long acculturated unconsciousness of the monopoly paradigm of Individual Full Payment/Repayment ONLY needs to be sent to the dust bin of history the same as Salvation Via Roman Catholic Sacraments ONLY was…with a Monetary and Economic Reformation.

Because presently new money is created only post retail sale or pre-production which marks it as parasitical because it is at all times actually exterior to the actual and legitimate economic/productive process. Taking already created money and lending it is within the legitimate economic process, but creating new money ONLY AS DEBT AND ONLY AFTER TOTAL ECONOMIC COSTS HAVE BEEN SUMMED AT RETAIL SALE…is not.

Monetary Gifting brings economy as in the competitive market characteristics of cost, price and indebtedness REDUCTION to Finance instead of its current Full Retail Price Plus ADDITIONAL Post Retail Cost enforcement.

Systems analysis is problem indentification. For instance when Michael Hudson and Steve Keen say the problem is not government debt, but the repetitive/continual build up of private debt they are spot on about that systemic historical PROBLEM.

Paradigmatic analysis is about finding the key conceptual factors/enforcement(s) that applied will enable problem resolution of present paradigm problems.

Debt jubilees have historically been a temporary reduction of private debts, but not a terminal solution to that historical trend which marks them as palliatives that do not recognize the deeper problem which is that new money creation and price payment is always and only allowed to be debt which means that the exact problem is the monopolistic paradigm of Debt ONLY as in the burden to pay full price ONLY and repay full indebtedness ONLY.

Thus the solution is reduction of private debt via the new paradigm of Monetary Gifting at strategic points in the economic process that will CONTINUALLY reduce both individual monetary liability at terminal price point (retail sale) and personal indebtedness (point of loan signing).

Wally,
You’re right we can’t be afraid of the libertarians screaming wage and price controls when the vast majority of “free” market theoretics is a delusion and a complete misnomer for what we actually face economically which is alternately goosed and strangled dominating financial chaos from which only the banks and the uber wealthy emerge unscathed like in 2008.

My 50% Discount/Rebate policy at retail sale is the exact kind of price controls we need because it integrates the normally opposed self interests of merchant and consumer in that the merchant gets not only their entire price they also get a potential doubling of demand for their goods and services, the individual gets a mathematical doubling of their purchasing power and chronic erosive inflation is transformed into beneficial price and asset deflation. And yes, throw in a governent grant like a $1000/mo. universal dividend for everyone 18 and older for life which with the 50% retail discount gives every adult $2000/mo of purchasing power for life. Keep social security that makes everyone a double dipper, but with a universal $2000/mo. purchasing power policy you make the payroll taxes that all employed people and every enterprise pay for welfare and unemployment insurance entirely redundant and so able to be eliminated adding net income to both agents.

Monetary Gifting strategically integrated into the Debt Only system is the paradigm change we need.

If you can’t see that a 50% discount in price to the consumer at retail sale, every penny of which is rebated back to the merchant granting it to the consumer by the FED or the treasury is the absolute answer to inflation, then you’re either ignorant of accounting (even if you’re an MMT advocate) or can’t do elementary algebra (-50% of price + 50% of price = $0 in increased cost. And the new temporal universe reality is:

1) the consumer…(that is, EVERYBODY, AS IN A NEW MACRO-ECONOMIC INSIGHT REGARDING MONETARY POLICY BECAUSE OF THE SIGNIFICANCE OF THE POINT OF RETAIL SALE BEING THE ONLY AGGREGATIVE/UNIVERSALLY PARTICIPATED IN POINT IN THE ENTIRE ECONOMIC PROCESS) …gets a 100% increase in their purchasing power because

2) BENEFICIAL price and asset DEFLATION is the new economic reality and

3) if you’re a pol its the best policy choice for ALL of your constituents and a greater “third rail” than social security even has been if you oppose it.

MMTers unite! All you have to lose is all of the delusions and misunderstandings about money that MMT would like to see happen.

Trump just unconsciously exposed the misnomer/lie of the “national debt”. How? By suggesting the “savings” DOGE is creating could be a dividend distributed to everyone. So how does eliminating an indebtedness magically become money you can distribute????????? Because the “debt” is actually a payment to the private sector…exactly as MMT says.

Now conversely, if you utilized the same equal debits and credits to create and distribute GIFTED money to the individual in the most universal, that is in a macro-economic way, like at retail sale and point of loan signing,…you could end inflation while potentially doubling the demand for every enterprise’s goods and services…and you could even float eco/energy and infrastructure bonds at 6% with a sliding scale policy of gifted money “tax” which of course is really just a free investment because such an investment is really still a GIFT…and mentally turn the tables on the double speaking myth-making pols, mouth pieces and over weeningly powerful banks who wield the current monopolistic monetary paradigm of Debt ONLY.

LOOK AT IT.

Steve “Call Me Copernicus” Hummel

Jackie,

Because issuing treasuries/bonds plays into the national debt delusion, and it also creates a secure investment for the Banks and other institutions who purchase the vast majority of those bonds. As my home state senator Dick Durbin says regarding congress and the executive: “Finance owns the joint.” And strategically integrating the new monetary paradigm of Gifting into the economy is the only way the spell of the present monetary paradigm will be broken.