Posted To Steve Keen’s Substack Newsletter 07/16/2024

Yes, every “movement” runs into the human proclivity for grasping onto orthodoxy…which sets up a duality to fight over, and that ends up blocking the full

experience/understanding of a thirdness greater oneness which such movement is generally pointing at. Even buddhism, which warns that mental grasping inhibits mental flowing, has fallen prey to the negative effects of our unwillingness/inability to seek the integrative thirdness signature of wisdom instead of the egoistic disease of dualism.

The concept/experience that denotes and is an integrative thirdness greater oneness is the natural philosophical concept of grace. That is grace as in flow/freeflowingness, ethical thirdness as in the rational integrative consideration of morals/duality, freeness as in Gifting, epistomology as in knowingness instead of even true, but mere data/abstraction and gracious/loving policies…as policies are the actions of systems…just to mention a few of the aspects of the most pregnant concept man has ever conceived and experienced.

Drop all of the pre-scientific, parochial and dualistic nonsense that attends the concept of grace in the west apply and apply grace at the most efficaious points in the economic process and we might be able make economics serve us instead of dominate and delude us.

Posted To Steve Keen’s Substack Newsletter 07/15/2024

Turning the other cheek is wisdom, good for you.

Imports and exports we may aways have with us, but having a robust manufacturing and generally productive economy guards against potential instabilities and can’t be anything other than virtuous.

Of course integrating a new monetary paradigm of Gifting utilizing accounting operations into the Debt Only present system with 50% reductions of costs at retail sale and of debt levels at the point of loan signing makes the entire system hit on all 30 trillion cylinders, reduces costs for everyone and stops the continual build up of private debt. Or at least that’s what Hyman Minsky channeled to me about 7 years ago. 😉

Posted To Steve Keen’s Substack 07/12/2024

Makes perfect sense. The only “problem” is how does one best macro-economically/agent aggregatively prevent inflation? To whit, the 50% Retail Discount to consumers and equal Government Rebate back to the merchant granting it to the consumer. The equal debits and credits sum to zero and the result is BENEFICIAL price and asset DEFLATION for both consumers and commercial agents, the end of the banks’ monopoly monetary paradigm for the creation and distribution of new money AKA Debt Only and last but not least the transformation of the economy from an unpleasant to onerous experience into the greatest opportunity to self-actualize gratitude since meditation and prayer.

Thats whats called a mega-paradigm change.

Posted To Steve Keen’s Podcast 07/06/2024

Yes, the present monetary paradigm of Debt Only as in The Burden To Repay is at the core of the core of the problem. Integrate the new paradigm of Direct and Reciprocal Monetary Gifting into the Debt Only System and all of the problems of competition, innovation and the public’s rational self interest become resolvable…and without it we waste another 50+ years and probably resign a couple billion humans and god knows how many species of flora and fauna to extinction.

In my book I reccomend a new government function called The Department of Competition, Innovation, Boycotting and The Public’s Bully Pulpit that would hold weekly news conferences rewarding government and private sector rational actions and pointing the finger at those who try to destabilize the program of the new monetary paradigm and its economic, energy and ecological goals.

The future begins with the new monetary paradigm.

Debt, Monetary Gifting and Accounting

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.

Posted To Steve Keen’s Substack Newsletter 07/05/2024

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.

Posted ToThe Joe Rogen Podcast

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.

Experiencing Every Moment As New: The Key To Grace/Graciousness

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 Secret World-Changing Policy Hiding In Plain Sight Waiting To Be Discovered

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.