Changing the monetary paradigm resolves most of these problems and others as well. A 50% Discount/Rebate policy at retail sale implements beneficial macro-economic deflation and a 50% Gift of Interest to the banks/Debt jubilee to the borrower at point of loan signing reduces the rate of debt build up by 75%. Tax any “greed-flation” by any commercial agent at a rate of 100% and then if the monthly rate of inflation still innocuously hovers around 2-3% just index the retail discount to that rate, i.e. 53-54%.

Its amazing that you’re not advocating for these policies and others in my book considering they resolve the three biggest insights you correctly make namely the continual build up of private debt, chronic inflation and chronic lack of individual demand.

Which is the bigger sin? Being a troll for the new monetary paradigm, or resenting/refusing to engage the troll so that perhaps additional insights can be illumnated?

Heaven is your former life lived with grace and much more enthusiasm for all of the experiences it presents us, particularly the resolution of problems.

The kind of wildly unethical financial speculation that gave us the GFC (Great Financial Crisis) in 2008 IS the direct result of the current monopoly paradigm concept of Debt Only and the human propensity for greed. Strategically integrating the new monetary paradigm of Gifting into the debt ONLY based system and terminatedly closing the door on such speculative nonsense will end this insanity and enable us to pursue the rational resolution to the converging ecological, energy and socio-political crises looming up before us.

Ironically, the most powerful effect of changing/resolving the anomalous current monetary paradigm won’t even be an economic one. Monetary Gifting, properly acculturated, will transform participating in the economy, especially at the continuously and universally participated in points of retail sale and of loan signing, from an aggravating and depressing experience into the greatest opportunity to self-actualize gratitude since meditation and prayer.

Brush past the human civilization long cynicism that the current paradigm makes so apparently true and advocate for monetary grace as in Gifting.

Visualize it.

GET THAT THROUGH YOUR HEAD.

50% Discount/Rebate policy at retail sale implements the libertarian wet dream of beneficial price and asset DEFLATION. Just do the simple 6th grade math and the simple but powerful accounting operations of equal debits and credits summing to zero. Toss in the 50% Gift to the Banks/Debt Jubilee policy at point of loan signing and we’ll be able to end Finance Capitalism and rejuvenate and ethically ascend Industrial Capitalism.

If you want to be insightful and effective you have to practice thinking and applying BSD (Big, Simple and Deep). Why? Because paradigm changes are the most beneficial, progressive and permanent phenomena mankind can conceive, believe and apply, and paradigms are operant as in BIG key ideas, SIMPLE as in single concepts and hence, applied, are effective of DEEP change.

Monetary Gifting is the new paradigm in economics. There isn’t anything inherently evil about debt itself, but the present monetary paradigm of Debt Only is an economically destabilizing monopoly concept that must be broken up. So how do you accomplish that? Its incredibly simple. You utilize the accounting operations of equal debits and credits that sum to zero to strategically gift money to agents at retail sale and the point of loan signing and then thoroughly and hard-headedly regulate commercial agents so as to prevent them from inflating.

Last but not least ignore the cries of “price controls!” because in the human universe there is only freedom amongst known and enforceable barriers, and current “free market” theoretics is actually the chaos of no barriers on Finance because the banks wield their monopoly paradigm/ultimate power of Debt Only which gives them the freedom to indebt to the point of debt deflation…and then the power to force the political system to bail THEM out at the expense of all other economic agents…like what happened after the crisis in 2008.

Ending this domination with the new paradigm of Gifting is a mega-paradigm change, the universal benefits of which phenomena there has only been two before in the entire history of the human species.

I have have been a student of a group of leading edge progressive economic theorists since the financial crisis in 2008. People like Steve Keen, Michael Hudson, Warren Mosler, Ellen Brown, Anne Pettifor and Stephanie Kelton. I agree with virtually everything they say and want to do. The difference between them and me is I have discerned the new idea AKA paradigm concept and where, when and how to most strategically and efficaciously apply it into the economic process itself. My book Wisdomics-Gracenomics: The New Monetary Paradigm and Its Policies is an ever evolving policy program for the implementation of the new paradigm. Finance, with the present anaomalous but monopolistic paradigm it wields, is the lynch pin system that keeps the entire oligarchic infrastructure united and hence is a primary reason why the various industries have (very probably) been able to suppress new technologies that could enable us to confront climate change and even quell the social and political chaos looming up in the US and else where. I would love to discuss these multi-systemic matters and policy solutions with Danny Sheehan or someone else in the institute. Thank you.

Please email me or message me as I don’t always pick up if I don’t recognize the number.

Because with a win in the presidential race and having good majorities in both houses we can finally implement a progressive agenda that will never be reversed again…if we implement a handful of monetary policies that will mathematically double everyone’s purchasing power, end inflation forever, bring the business constituency into the democratic fold, enable everyone to purchase a $500k house for $125k and a $60k EV for $15k. And I’m no kook. I’ve been a student since 2008 of the leading edge progressive economic theorists including Steve Keen, Michael Hudson, Warren Mosler, Stephanie Kelton, Ellen Brown and others. And better yet I’ve found innovative policies and where, when and how to implement them so the benefits I mentioned become temporal universe realities. I would love to discuss these policies with someone in the campaign here in Phoenix. Lets win…and be able to implement a joyous response to participating in the economy that will enable a liberal agenda we haven’t had since FDR.

Thanks for the reply Rodger. A universal dividend payment of $1000/mo. (which combined with the 50% discount/rebate at retail sale gives every adult $24k/yr. of purchasing power and that would presto-change-o eliminate poverty) is another of the policies in my book so that strategy for gifted money also is a part of the program of changing the monetary paradigm. These two policies would enable us to eliminate the costs of payroll taxes that all businesses and every employed person pays for welfare and unemployment insurance.

The advantage of the 50% discount/rebate at retail sale is not only the doubling of everyone’s purchasing power, but that it mathematically ends inflation. (We’ve never had 50% y/o/y inflation let alone month on month) You’re right that inflation is caused by shortages, but there are several other ways that inflation occurs including what most recently has been identified as “greed” flation where corporate execs simply raise their profit margins which is not really a legitimate cost increase…its just something they can do…because there’s no policy to stop them. I suggest in my book that any price increase must be rigorously analyzed and that with the payroll and income taxes enabling greatly reduce costs, if corporations simply commit “greed” flation any revenue they garner from such would be taxed at a rate of 100%.

As for paying to borrow or with the monies distributed with the retail discount, in our digital age its not really that difficult a procedure. The COVID checks got quickly distributed. Basically, everyone gets an account at the central bank or whatever monetary authority is mandated to distribute gifted funds and like now when money is created you just utilize the accounting operations of equal debits and credits that sum to zero.