Bravo! Now lets discern the new paradigm concept. As all new paradigms are marked by conceptual paradox, inversion of temporal universe reality and by benefits that are always aspects of the natural philosophical concept of grace here are a few Galilean and Keplerian observations:
Present paradigm manifested in austerian Frieman’s statement of ““Inflation is always and everywhere a monetary phenomenon, “. A 50% discount/rebate to price policy at retail sale doubles potential demand (paradox), implements beneficial price and asset deflation (inversion of temporal universe reality) and has effects that are aspects of the natural philosophical concept of grace (gifting, evokative of gratitude, dynamic integrative free flowingness, freedom from oppressive forces, heightened consciousness of both temporal universe and personal reality, ethical ascension, thirdness greater oneness/synthesis of a problematic duality.)

All green endeavors are all well and good, but in a kind of reverse temporal universe Copernican cosmological paradigm change the answer to our energy and ecological problems is a change from geo-resource discovery and production to cosmic resource discovery and production. Mine the moon and asteroids and spew the energy and entropy into the cosmos where its negative planetary effects are virtually nil. We need an international effort to accomplish this, and changing the monetary paradigm from Debt Only to Monetary Gifting will enable us to banish inflation forever and hence enable the kind of fiscal “deficits” to fund the above mega-program. Just one more concrete temporal universe enablement dicovered in my book Wisdomics-Gracenomics.

…the policy that finally legitimizes the wholly exterior parasite of private finance (because it is always pre-production for commercial agents or both post and pre retail sale {Ex. HELOC} for individual agents) back into the actual economic process by cost cutting for the consumer rather than just adding additional, onerous and dominating such costs that historically have always destabilized the economies of empires.

Skip all of the falderal of trying to square things in the economy when the monetary and financial paradigm dominates everything and enforces its anomalies on the system. Instead throw off that chaotic game of musical chairs by using equal debits and credits to reduce the cost to the individual by 50% at retail sale and reduce the cost of whatever big ticket items purchased and was already reduced by 50%…by another 50% with a debt jubilee policy at point of loan signing. Thats the end of debt deflation, chronic price and asset inflation and then, instead of everyone having to deal with the frustrations that a monopoly paradigm enforces, gratitude for such gifting gets self actualized daily for everyone and a better world emerges. Sure you need to have some additional carrot and stick regulations that are aligned with the new paradigm concept, but what else is new. But do something truly resolving, beneficial and effective…in the most problematic area of “money, debt and banks”. Or was Copernicus not onto something?

It;s the commercial agent’s choice. This is in addition to all of the cost savings that the new paradigm will enable for enterprise.

Increasing private debt and hence diminishing individual discretionary spending ability is the core of the core problem in economics. The current monetary paradigm concept for the creation and distribution of new money, which is Debt Only, is what enables and enforces economic instability, and strategically integrating the new monetary paradigm concept of Direct and Reciprocal Monetary Gifting is the solution to this human civilization-long monetary problem.

The problem is if you have a monopoly paradigm for the creation and distribution of new money of Debt Only as in Burden to Repay, as private finance does, you inevitably have financial crises caused by the continual build up of PRIVATE debt. The solution is a new monetary paradigm of Direct and Reciprocal Monetary Gifting strategically integrated into the Debt Only system, and rational and enforceable regulation of finance so it doesn’t take leave of its moorings with “weapons of mass economic destruction” as it has serially done in the past.

Systemic monopolies are bad enough, but paradigmatic monopolies are far, far worse because it requires the willingness and ability to embrace complete conceptual opposition/paradox and its apparent illogic and one must brush past their own cynicism. But that is what it takes to have a paradigm/lasting change. Helio-centrism vs geo-centrism, cue derisive laughter, nomadic hunting and gathering vs homesteading, urbanization and agriculture, cue condemnation of the witch doctors, Monetary Gifting, cue your own acculturated cynicism…but again, this is the required process of the phenomenon of paradigm change.

With all due humility my recognition that retail sale is the single universally as in aggregatively participated in/macro-economic point in the entire economic process, and thus is the perfect place to implement a monetary policy utilizing accounting that has resolving macro-economic effects on inflation, purchasing power and demand, and beneficial social, psychological and even spiritual effects as well…is worth something other than a non-Nobel prize in economics.

Considering that retail sale has been going on hundreds of millions of times every day right under economist’s noses for centuries, Its also proof that thinking/abstracting, although an excellent way to identify problems, lacks sufficient direct observation to discover solutions…which is a signature of wisdom.

Dr. Greer: My book Wisdomics-Gracenomics: The New Monetary Paradigm and Its Policies will immediately double everyone’s purchasing power, end inflation forever enable anyone to purchase a $500k house for $125k and last but not least transform participating in the economy from an onerous experience of resentfulness into the greatest opportunity to self actualize gratitude since meditation and prayer. Maybe ETs are simply waiting for us to integrate economics and spirituality. Such a mega-paradigm change would change both the temporal universe and the attitude of everyone.

You want to increase the purchasing power of workers? A 50% Discount policy at retail sale all of which is rebated back to the merchant granting it to the consumer mathematically doubles everyone’s purchasing power, ends inflation forever, doesn’t cost the merchant an additional penny and makes participating in the economy an opportunity to self-actualize gratitude instead of resentment. Thats all. Then tax any greed flation at a rate of 100% and redistribute that revenue to the individual or enterprise who had to bear the additional cost of such anti-social behavior. Create the Department of Competition, Innovation, Boycotting and The Public’s Bully Pulpit that gives weekly press conferences that points the finger at corporate malfesence and then we can have actual ethics in the economic system. Lets have an economy that is gracious and wise and yet sovereign. A Wisdomics-Gracenomics if you will. In the human world there is only freedom amongst known and enforceable barriers. Thats why you can’t walk into a theater and yell Fire! What we have now with “free” market theoretics is actually chaos/no real and effective barriers along with financial dominance

Of the moment, of perception in the moment.