I’ve decided that the way forward for Wisdomics-Gracenomics is communicating its personal Wisdom effects more than its monetary and economic ones.

Every attempt I’ve made to get attention for my book and its policies from media and politics has been ignored probably mostly because the fear of promoting it will have economic consequences from Finance.

However, people who actually value Wisdom and Spirituality don’t generally have such problems. Wisdomics-Gracenomics is the greatest beneficial integration of opposites since meditation and prayer (economics and wisdom), and doing that with its policies is why it is the next and only the third mega-paradigm change in the entire history of the species.

A “modern debt jubilee” is a great idea, but limiting it to a one off after which you let Finance re-establish its dominant paradigm of Debt Only for another 30-40 years transforms it into the merest of palliatives. Make debt jubilee a continuous aspect of the economy with a 50% Gift of interest to the banks/50% debt jubilee to the borrower at point of loan signing. Just make the accounting work for the individual instead of the banks and their lackies.

The greatest opportunity to self actualize gratitude since meditation and prayer.

“Small acts, when multiplied by millions of people, can transform the world” – Howard Zinn

The two 50% policies of Wisdomics-Gracenomics: On top of the empirical mathematical benefits and economic problem resolutions these two policies are the greatest opportunity to self actualize gratitude since meditation and prayer.

“Small acts, when multiplied by millions of people, can transform the world” – Howard Zinn

There are things in the bill which are not needed. Having said that government deficits are necessary to avoid recessions/depressions. Read Steve Keen with an open mind for enlightenment.

The only way you’re going to get any of the wish list of business is to lobby for the policies of a new monetary paradigm that doubles the potential demand for every enterprise’s goods and services without them incurring additional costs, and in fact enables them to reduce their tax costs tremendously. Do this or prepare for more of the same idiocies and orthodox delusions.

H: Recessions and depressions are ordinary and actual parts of a normal and healthy economic cycle/economy. Stop spreading any other bullshit but that!!!!

Me: Thats just orthodoxy within the present paradigm. There will be “creative destruction” with the new paradigm which will enable much more competition and innovation. The difference is the individual and commercial pain will be nil compared to now despite the cleansing of malinvestment.

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Me: Sanders is stuck in the socialist mindset.There is a better capitalist way to double the purchasing power of everyone which will not cost enterprise a penny in increased cost.

Money is created by either the banks or the treasury simply with accounting entries. You know that Mish because you said you learned things fron Steve Keen and he has proved that to be true. The Bundes Bank and Bank of England have also confirmed this fact.

So if you implemented a policy of a 50% Discount at retail sale, and the monetary authority rebated the entirety of all discounts back to the merchants giving it to consumers their purchasing power would mathematically double and demand would consequently potentially double for every enterprise’s goods and services.

The merchant would simply open a T-account labeled Retail Discounts and the monetary authority would open an account labeled Thus and So’s Discount Rebates and all of the debits and credits will sum to zero and everybody gets their full price and the benefits of the policy. A few other carrot and stick policies to solidify and stabilize the new paradigm.

You can bemoan stupidities and hold onto orthodoxies on the left and the right, or you can beneficially solve problems and have more prosperity than you previously thought possible.

A true new paradigm is an operant/key concept that applied beneficially changes the realities of an entire system, body of knowledge or area of human endeavor.

Many analysts use the word paradigm to describe an aspect of a problem generally within the current paradigm, but this true or untrue claim is not operant and thus the changes it may effect are not entire pattern changing. The signatures of accomplished paradigm changes are essential guides to finding and confirming a true new paradigm concept.

I introduce a new concept called a mega-paradigm change whose effects are universally and continuously experienced and whose effects spill over into numerous other systems, bodies of knowledge and areas of human endeavor.

The new monetary paradigm is a mega-paradigm change.

Me: Retail enterprises and either the FED or the Treasury open T accounts. The retailer’s account is called 50% Sales Discounts and the FED/Treasury’s is called 50% Retail Rebates. You can either create the money as bonds or just plain old money. Same accounting for a 50% Gift of total interest to the bank/50% Debt jubilee to the consumer. Voila! accounting and the new monetary paradigm of Gifting enables benefits no one ever conceived before.

What you really need is a billionaire or two (preferably non-financial ones) who see how the policies of a new monetary paradigm of Gifting will double the potential demand for his and virtually every other enterprise’s goods and services. You have to “show them the money”. MMT is correct about the mechanics of money creation and Minsky has the accounting right, but all the debits and credits and calculus make people’s eyes glaze over.

MR: Steve, all we need is a billionaire or two to get behind MMT and Minsky financially. Smart people these guys. Wonder why they (and their advisors) don’t read your stuff. Musk has a Wall Streeter running his home office. Wouldn’t be anti-competitive behavior would it? Humm.

Me: What you really need is a billionaire or two (preferably non-financial ones) who see how the policies of a new monetary paradigm of Gifting will double the potential demand for his and virtually every other enterprise’s goods and services. You have to “show them the money”.

MMT is correct about the mechanics of money creation and Minsky has the accounting right, but all the debits and credits and calculus make people’s eyes glaze over.You need policies that implemented at strategically powerful/aggregative points in the economic process and whose personal economic effects can be perceived by the general populace doing the simple math … solves problems and changes systemic realities. Preaching to a choir of ego involved neo-classically hypnotized academics is a non-starter. Systems analysis is wonderful and good, but philosophy applied to that analysis and communicated widely actually gets us somewhere.

Virtually all of the best economic theorists have the core systemic economic problem identified, and that is the the problem of “money, debt and banks”. What they haven’t looked at is the philosophically problematic concept, read paradigm, behind that core systemic problem. That concept is the monopolistic nature of the current monetary paradigm for the creation and distribution of new money which is the concept of Debt Only and its related concept which is Burden To Repay Only.

The resolution of these problematic paradigms is to integrate the new monetary paradigm of Monetary Gifting strategically into the most powerful points in the economic process, and also with related regulations throughout the entire economic process that will stabilize and solidify the benefits of that new paradigm for all agents individual and commercial.

Thinking philosophically/paradigmatically is essential for a deeper understanding of human life and human systems and must increasingly be recognized as the essential companion to mere scientific/reductionistic analysis because while the latter is an excellent tool for identifying problems the former is the fast track to identifying solutions. Paradox is a signature of both paradigm change and Wisdom.

You want happiness and optimism? Make participating in the economy an infrastructure for the greatest self actualization of gratitude since meditation and prayer with a gift of 50% of the price of virtually everything at retail sale all of which discount is rebated back to the merchant granting it to the consumer by the monetary authority. All it is, is utilizing two of humanity’s greatest inventions money and double entry bookkeeping in order to FINALLY serve people instead of making them slavishly serve the money system.

One policy resolves our current major economic problems and changes the sociology and psychology of the entire nation. Too simple for the intellectual vanities of the erudite, too unorthodox for the terminally orthodox…and too world changing not to be a mega-paradigm change.

Accounting is the calculitic infrastructure within which the entirety of commerce is embedded, and Minsky is a great accounting tool. Why not use it to model policies that integrate monetary gifting into the economy with policies like:

1) the 50% Discount/Rebate policy at retail sale,

2) the 50% Gift/Debt Jubilee policy at point of loan signing and

3) also as tax and regulatory policies throughout the entire economic process like a 100% tax rate on inflation revenue above 2%,

4) a tax and rebate policy at the exchange point between business models throughout the entire economic process where the proceeding business model receives the tax revenue so they don’t need to pass additional costs onward,

4) indexing any y/o/y inflation to the 50% Discount/Rebate policy at retail sale so even if with the above regulations you get 3%+ inflation the retail discount becomes 53%,

5) in order to mitigate consumption a sliding scale of required investment in gifted money into 5-6% “eco-bonds” for energy research and development.

If you terminally slay inflation it opens up the fearless ability to run the kind of fiscal deficits necessary to fund the mega-projects to confront climate change and the energy problem.

Ignore the idiot cry of “price controls” by the neo-classicals who believe in “free” market theory which is actually alternately goosed and strangled dominating financial chaos…and SOLVE problems with the wonderful tools of accounting and money.

All of the above align with what you say and would like to see. I do not get why you aren’t seeing the efficacy of these policies and excitedly affirming them.

I have enjoyed Newsnation’s coverage of the UAP question because it has such incredible potential world wide consequences.

I’d like to present to Ross Coulthart or another of your podcasters with the solution to our monetary and economic problems that will have tremendous beneficial consequence for everyone and every business model. Amazingly this new monetary and economic paradigm is accomplished in a strategically implemented single policy, and all of the rest of the policy program I’vecreated around it simply stabilizes the new paradigm. This single policy 1) immediately and simultaneously doubles everyone’s purchasing power, 2) also doubles the potential demand for every enterprise’s goods and services and 3) not only ends inflation forever but does so by implementing BENEFICIAL price and asset deflation….all in one fell swoop. All one needs to do is brush past their own cycnicism and look at the simple math effects of the policy.

I like that Newsnation takes on big issues. This is not only a big issue its a paradigm change. Please contact me at ataushumme@yahoo.com or text me by phone as I do not always pick up if I do not know who is calling at 602 769 6832. Thank you.