Accounting’s foundational operations of debits and credits are like magic.

Here’s a loan/debt for $1,000,000. Here’s a $500,000 monetary gift…Poof! half of a huge mental and temporal burden goes away. All you have to do is open yourself up to the idea of Monetary Gifting instead of the monopolistic idea of Debt ONLY that the banks have deeply aculturated in you/us since the beginning of human civilization….so they can continue to dominate 99% of us and every other actually legitimate economic business model.

A new idea, paradoxically the easiest and most difficult thing in the universe to create or change, but that is the entirety of the operation of paradigm change.

Good, lets get to accounting and where utilizing its money creation and distributional effects a monetary policy will have most beneficial macro-economic effect. Thats the point of retail sale…which EVERYONE either participates in or is effected by, making such policy a new aggregative macro-economic insight that has been going on hundreds of millions of times every day for centuries if not millenia and has been waiting for us to cognite on.

That specific policy is a (at least) 50% Credit/Debit policy at retail sale. Immediate effects: beneficial price and asset deflation, doubling of everyone’s purchasing power, potential doubling of demand for enterprise’ goods and services and last but most importantly transforms the economic process from a continuously aggravating experience into the greatest opportunity to self actualize gratitude since meditation and prayer. Thats what I refer to in my book as a mega-paradigm change.

Extend accounting’s power to a 50% Monetary Gift to the bank/Debt jubilee to the individual policy at point of loan signing and now that $500k house you agreed to purchase for $250k at retail sale is reduced to a loan of $125k. Toss in a $1000/mo. universal dividend that enables the elimination of payroll taxes for welfare, unemployment insurance etc. and every employee and every employer’s self interests are integrated against “the roving cavaleers of credit” and we might be able to have a capitalistic revolt of the bourgeisie” that Marx fantasized about but didn’t have the right policy and technological capabilities to utilize like we have now. Over consumption? What if you had a policy of a sliding scale required percentage of gifted money into 5-6% Eco/Energy R & D/Other Rational Pursuits Treasury bonds. Such a tax is still a monetary gift. Transformation, an aspect of paradigm changes and of the the natural philosophical concept/experience of grace/graciousness.

That way we begin the mass movement while also educating the public on what not to countenance and/or be distracted into as a means of preventing the wild universal benefits of the new paradigm.

Following up on my pitch regarding the new monetary paradigm, here is the single policy that implements that paradigm firmly into the lives of every citizen: The 50% Discount/Rebate policy at retail sale.

Imagine being able to purchase a $500k house for $250k, a $60k EV for $30k and get $100 worth of groceries for $50. And this is accomplished simply by utilizing the same method that both the banks and the government currently create all new money, namely the accounting operations of equal debits and credits that sum to zero. In other words a retailer opts into the policy and discounts their prices on virtually everything and the treasury rebates the entiety of those discounts back to the merchant so they are made whole on their entire price. Voila! Instead of chronic erosive inflation you implement beneficial price and asset deflation. If you make $40k/yr. you can now purchase $80k worth of goods and services. Also, the potential demand for every enterprise’s goods and services is potentially doubled so it integrates the self interests of the normally opposed constituencies of merchant and consumer. Last but most importantly, instead of going to the store and saying: “Damn! Oreos are up another 10%! you have the opportunity to say OMG! Thank you Mr. Automobile dealer for enabling me to get this $60k EV for $30k! and thank you Mr. House Builder for enabling me to get this $500k house for $125k! In other words the single policy of a 50% Discount/Rebate at retail sale is the greatest opportunity to self actualize gratitude since meditation and prayer.

PS: With the second policy of the entire policy program of the new monetary paradigm you get that $500k house for $125k and the $60k EV for $15k.

The trick to avoiding the problems associated with habituation is to learn to live in the moment, each moment of which is indeed NEW…whether one has become habituated to unconsciousness of it…or not.

If god/the experience of graciousness is omni-present the place to meet him/her/it is the present moment, and this fact/act is encouraged by every one of the world’s major wisdom tradiditions.

The 50% Discount/rebate policy at retail sale. It ranks right up there with the emergence/awakening of self awareness, utilization of fire/technology, discovery of agriculture and homesteading, enables a new personal and temporal universe application of spirituality.

Why? Because it awakens the route to a human serving economics, utilizes the technology of accounting/double-entry bookkeeping to anchor a personal and temporal universe reality of abundance at least comparable to the discovery of agriculture and the collective power of unitary social action and last but undoubtedly most importantly it integrates the inward looking processes of spirituality (meditation and prayer) with a continuous and everyday outward/temporal universe opportunity to experience the key natural philosophical/spiritual aspects of the concept of grace as in love in action, namely Gratitude for Gifting, and thus opening the way to a greater oneness spiritual advance.

Much is said about money, but almost nothing is said about the idea behind the money system…which creates and enforces its realities both good and bad. The present applied concept behind money’s creation and distrbution is Debt Only as in Burden to Repay. The word Only designates it as a monopoly applied idea. All monopolies are problematic as they are dominating, and domination cannot be ethically justified. All paradigm changes are integrations of conceptually opposing ideas so the new applied monetary paradigm concept is Monetary Gifting. Strategically integrate Monetary Gifting into the Debt Only system and you’ll have a new paradigm and probably only the third mega-paradigm change in human history.

P.S. MMT is correct, it simply hasn’t consciously recognized the new monetary paradigm concept and applied it most strategically and directly as I have in my book Wisdomics-Gracenomics: The New Monetary Paradigm and Its Policies. For instance a job guarantee is a Gift of a job as are fiscal deficits Gifts to government contractors. However, their effects are not as aggregative/macro-economic as the 50% Discount/Rebate policy at retail sale I suggest in my book because EVERYONE participates in/feels the economic effects of retail sale. Hence the universally beneficial effects of this policy at this particular point in the economic process IS A NEW MACRO-ECONOMIC INSIGHT AS WELL AS A PARADIGM CHANGE IN A SINGLE POLICY. Do the simple math and observe the integrative problem resolving effects.

My new macro-economic insight that retail sale, being the single universally participated in point in the entire economic process, is the ideal place to implement a monetary gifting policy that will resolve the deepest problems of the economy and wildly benefit all economic agents individual and commercial…is worthy of an actual Nobel Prize. Its a paradigm changing insight. In fact it is a new concept I have coined as a mega-paradigm change of which there has only been probably three in the entire history of the human species. A mega-paradigm change is one that is immediate, universally personally experienced , continuous and whose effects also spill over into other systems, bodies of knowledge and areas of human endeavor than the primary area under analysis.

Sliding income scale starting at 10% of $500k/yr up to 25% personal income of charitable giving and to rational list of problem solving investments that the contributor does not have control of (50% of total to each category) reduces personal tax to a level of 2%. If the level/percentage of such giving is not committed tax rate is 35%.

Contemplating the aspects of grace is always enlightening, unitary, resolving and transformational.

Money does indeed make the world go ’round. Now let us enable it to accomplish the general good of the above aspects of political grace by integrating the new monetary and economic paradigm and aspect of grace…which is Gifting.