Would you consider that what is required is not further analysis, or even reform? Its paradigm change that is required in the money system and hence the economy. Paradigms are new strategically APPLIED concepts that are always in complete conceptual opposition to the present paradigm. The present monetary paradigm for the creation and distribution of new money is the monopoly concept of Debt Only as in the Burden to Repay. Hence the concept in complete opposition to it is Monetary Gifting. Steve Keen has shown that neo-classical macro ignores money, banks and debt “because if they didn’t they would have to admit that the money system destabilizes the economy” Michael Hudson has shown that historically, private debt destabilizing their domestic economies has been the primary factor behind empires invading their neighbors in the (false) hope that stealing their assets would stabilize their economies. Please consider my book Wisdomics-Gracenomics: The New Monetary Paradigm and Its Policies here: https://www.amazon.com/Wisdomics-Gracenomics-New-Monetary-Paradigm-Policies/dp/B08X7MZ4KH/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1552358772&sr=1-1-catcorr
Posted To The DeMystifySci Podcast 10/24/2024
Its the nature of new money creation that counts most, i.e. the applied idea that defines it most accurately and that also enforces its realities. And that present idea/concept is Debt Only. The word Only designates it as a monopoly concept.
All monopolies are problematic because they are dominating and domination cannot be ethically justified because left alone they lead to Lord Acton’s dictum that power corrupts and absolute power corrupts absolutely.
Historically, every new paradigm/conceptual change has always been in complete conceptual opposition to the current anomalous paradigm concept. So what is the concept in complete opposition to Debt Only as in Burden to Repay? Monetary Gifting, of course.
Strategically integrate Monetary Gifting into the Debt Only system and you’ll get a synthesis/thirdeness greater oneness of truths, workabilities, applicabilities and highest ethical considerations of the conceptual duality. Thirdness Greater Oneness is also a signature of all historical paradigm changes, and of Wisdom.
Oh, the planet can’t stand the increase in consumption that Gifting would evoke! Then mitigate consumption with a Gift of investment in rational things like 5-6% eco-energy R & D bonds and ways to better off planet/under planet production.
Human systems are…human. A graciously gifting monetary and economic system could be the greatest opportunity to self actualize gratitude since meditation and prayer because everyone participates in the economy, especially at retail sale and point of loan signing, and continual CONSCIOUS self creation is the key to self actualization. Visualize it.
Posted To Mish Shedlock’s Blog 10/22/2024
Everything both Austrian and neo-classical economics is based on is “free” market theoretics which is both a delusion and a complete misnomer for what the actual reality is which is alternately goosed and strangled dominating financial chaos via their wielding of the monopolistic monetary paradigm of Debt ONLY as in the sole form and vehicle for the creation and distribution of new money.
I’m not suggesting the end of private finance, only its dominance of 95-98% of the general populace and every other legitimate business model with a monopoly paradigm concept. The last monopoly paradigm we confronted was Salvation Via Roman Catholic Sacraments ONLY which led to The Reformation.
We need a monetary reformation that strategically integrates the new monetary paradigm of Gifting into the Debt ONLY system that will stabilize the economy.
Paradigms To Enlighten With
Orthodoxy and Abstraction Only vs Mental Looking/Presence/Self Actualization
Reductive Science Only vs Wisdom/Integration of Seeming Opposites
Clock Time/Abstraction vs Direct, Conscious and Continuous Experience of the Moment
Cosmological Chaos vs Grace
Hasty Generalization vs Prudent Consideration
Posted To The DeMystify Sci Podcast 10/20/2024
Money IS most basically accounting, that is true. And the Euro dollar is basically the shadow banking system and the speculative aspect of same. Its a genuine problem that must be regulated much more sanely and ethically than it is now. However, it still does not penetrate to the deeper problem of the money system and hence the economy which is the current human civilization long monoply paradigm concept for the creation and distribution of new money AKA DEBT ONLY. Strategically integrate the new monetary paradigm of Gifting into and throughout the economy and the DEBT ONLY based money system and you’ll have all of the resolving effects of a paradigm change…because it will be a paradigm change. The generally unperceived new applied ideas are where the real power for change exists.
All reforms are palliatives and/or rabbit holes to go down in comparison to new paradigms which are new, operant as in key effecting/resolving applied ideas. Historically, all new paradigms are in complete conceptual opposition to the present paradigm whose anomalies it resolves. Examples: Narcissistic Survival Only as the sole ethic of the animal kingdom vs Self Awareness and Hence Ethical Consideration of Others, Nomadic Hunting & Gathering vs Homesteading, Urbanization and Agriculture, Geo-centrism vs Helio-centrism and apropo money and economics Debt Only As In The Burden to Repay New Money vs Direct and Reciprocal Strategically Applied Monetary Gifting.
The Delusional Problem of “Free” Market Theoretics, and Its Solution Which Is Universally Abundant Monetary Free Flowingness. Also, The Answer To Abundance Will Make Everyone Lazy and Worthless.(Which Is The Mistaken Absolutist and/or Complete Generalization Mindset) Which Is Resolved By Pragmatic Social, Psychological and Spiritual Thinking and Acting.
Total freedom in the human universe is a delusion because it ignores/denies the reality of ethics. In the human universe there is only freedom amongst known and enforceable barriers. Its why you can’t walk into a theater and yell “Fire”. And yet economists and economic pundits ignore this core truth all the time, even the leading reform economists miss this fact, probably mostly because they do not recognize the core economic problem we face which is the fact that Finance wields the dominating monopolistic monetary paradigm of Debt Only as the sole form and vehicle for the creation and distribution of new money. Integrate the new monetary paradigm of Gifting strategically into the Debt Only system…and virtually all of the problematic conundrums of the economy disappear…and are transformed into solutions. Once you honestly and actually look at the EFFECTS of the policies of the new monetary paradigm its almost like magic. But just keep on doing the simple math and the simple accounting operations and the strikingly new and beneficial realities it creates turns your scepticism or astonished orthodox rebuttals into the conclusion of “Why didn’t we see this before?”
Pragmatic social, psychological and spiritual institutions for the acculturation of the natural philosophical concept of grace as in love in action. (universal service for young people, universal AI friend and wisdom devices, The Universal Church For The Self Actualization of Grace, etc.)
Posted To Steve Keen’s Podcast 10/19/2024
Good exchange of ideas. The key to effectuating the characteristics of dynamism, integrativeness and innovation is to recognize and self actualize the the concept of trinity, in other words a thirdness greater oneness of the apparency of duality only.
Philosophical trinity is the perspective of wisdom which has always been characterized as the third way. Duality is the definition of a problem, i.e. thesis vs antithesis and is also of the curse of strict moralism AKA rigid orthodoxy. And trinity is looking for, pointing at and accomplishing resolution as in synthesis.
Finally, when one recognizes that the aspects of the natural philosophical concept of trinity
1) are synonymous with the aspects of the philosophical concept of grace as in integrative unity of opposites and
2) have always been the aspects of every historical paradigm change, it tends to focus and deepen one’s search for solutions.
Its also why we need a Wisdomics-Gracenomics.
Posted To Real World Economic Review Blog 10/18/2024
The solution to inflation is way too easy for the intelectual vanities of the erudite. It is this: utilize the very same method that both banks and governments create money, namely equal debits and credits that sum to zero…and create it as gifted money at strategic points throughout the entire economic process…particularly at the points of retail sale and point of loan signing. A 50% Discount/Rebate policy at retail sale would end inflation by mathematically implementing beneficial price and asset deflation because $100 worth of groceries would only cost the consumer $50, a $60k EV only costs $30k and a $500k house only costs the consumer $250k. And of course with a 50% Gift of interest to the banks/50% Debt Jubilee for the consumer at point of loan signing that EV and house only costs the consumer $15k and $125k respectively.
Thank you non-nobel committee for this award for the discovering that retail sale is the single aggregative as in universally participated in point in the entire economic process and hence the perfect place for a monetary policy because it has immediate mathematically macro-economic effect.
Utilize equal debit and credit type carrot and stick regulatory and tax policies at exchange points throughout the entire economic process to prevent things like “greedflation”, and mitigate over consumption with a sliding scale of required investment of gifted money into 5-6% R & D eco/energy bonds and we’ll not only have economic abundance and free flowingness we can also have rational movement toward confronting climate change.
Pitch Details
I have a single policy that can win the election for Kamala Harris, and a policy program that could create the greatest coalition for liberalism since The New Deal.
A 50% discount/rebate at retail sale.
Uses the exact same present method that both the banks and government create money, i.e. accounting, specifically equal debits and credits that sum to zero. So the retail merchant agrees to lower their prices by 50% to the consumer and the monetary authority mandated to distribute new money rebates every cent of the discounts back to the merchant making them whole on their best competitive price.
It immediately doubles both everyone’s purchasing power, in other words if you make $40k/yr you can now purchase $80k worth of goods and services, and at the same time it potentially doubles the demand for every enterprise’s goods and services. So with this single policy you get $100 worth of groceries for $50, can buy a $60k EV for $30k and a $500k house for $250k. Just do the simple accounting and simple math until you see the incredible benefits of this single policy. Oh, and by the way this single policy ends inflation forever by implementing the impossible so far as current economic orthodoxy is concerned, that is BENEFICIAL price and asset DE-flation.
In doing so it also integrates the self interests of the traditionally opposed economic agent constituencies of merchant and consumer.
(Preface with non-Marxist fact) It simultaneously enables what Marx envisioned but which never happened, namely the revolt of the bourgeosie because of the above integration of traditionally opposed self interests and because it separates the self interests of commercial agents and the banks. (Example of $500k house)
Finally, I even have an ethical “god-father proposition”…that even the banks will find difficult to refuse which is a 50% Gift (debit) of interest at point of loan signing in exchange for a 50% Debt Jubilee Reduction of Principle at point of loan signing.
Finally, finally, the best benefit of this single policy isn’t even economic. That benefit is transforming participating in the economy from the agravation of continual price increases…into the greatest opportunity to self actualize gratitude since meditation and prayer…for a gift of doubled purchasing power. Exactly what society needs in the current economic and political spheres.
$1000/mo. universal dividend, which with the 50% Discount/Rebate at retail sale gives everyone the ability to purchase $2000/mo. and $24k/yr thus ending poverty forever. The dividend starts at age of 18 lasts until you pass on. Economic and monetary security for your entire adult life. This policy along with the 50% Discount/Rebate at retail sale will also enable us to eliminate the payroll taxes every employee and every enterprise pay for welfare and unemployment insurance, thus adding probably another 5-8% of net pay which increase of course is doubled by the policy at retaill sale.
The final killer policy (which I don’t necessarily recommend you disclose) is a 50% Gift of interest to the bank/50% debt jubilee to the consumer. This policy enables that $60k EV reduced to $250k at retail sale to be financed for only $15k and likewise the $500k house reduced to $250k to be financed for only $125k. When was the last time the individual got such a deal? Thats right, never before.
Visualize this and communicate these three policies to the general populace and you can’t lose…even though the banks and their mouth pieces, of course will scream…they are few and everyone else (like 99% of the voting populace) can do the simple math and see how they will individually benefit.
Remember the old political saw, “voters vote their pocket books.”
How To Push The Self Actualization of Gratitude Enabled By The New Monetary Paradigm
- Fund ways to help people think and act wisely/compassionately like creating best friend AI bots that talk to you throughout the day.
- Sell it as the obvious personal benefit it is with public service annoucements about the benefits.
- Sell it as the social benefit it obviously also is. People are so, so tired of
- Show how aspects of the natural philosophical concept of grace have always been the benefits of every historical paradigm change.
- Show how it enables us to confront climate change and completely retro fit our crumbling infrastructure.
- Show how evil and anti-social leveraging up speculators to short the currency would destroy the new found commercial and individual prosperity…and pass the law that bans such unethical and destructive actions and would make it a crime punishable by a mandatory 20 year sentence to even try such a strategy or any other de-stabilizing actions. Gratitude vs greed. Push the first and eliminate the last.
Social Credit/Wisdomics/Gracenomics/ Gracientialism 