Much is said about money, but almost nothing is said about the idea behind the money system…which creates and enforces its realities both good and bad. The present applied concept behind money’s creation and distrbution is Debt Only as in Burden to Repay. The word Only designates it as a monopoly applied idea. All monopolies are problematic as they are dominating, and domination cannot be ethically justified. All paradigm changes are integrations of conceptually opposing ideas so the new applied monetary paradigm concept is Monetary Gifting. Strategically integrate Monetary Gifting into the Debt Only system and you’ll have a new paradigm and probably only the third mega-paradigm change in human history.

P.S. MMT is correct, it simply hasn’t consciously recognized the new monetary paradigm concept and applied it most strategically and directly as I have in my book Wisdomics-Gracenomics: The New Monetary Paradigm and Its Policies. For instance a job guarantee is a Gift of a job as are fiscal deficits Gifts to government contractors. However, their effects are not as aggregative/macro-economic as the 50% Discount/Rebate policy at retail sale I suggest in my book because EVERYONE participates in/feels the economic effects of retail sale. Hence the universally beneficial effects of this policy at this particular point in the economic process IS A NEW MACRO-ECONOMIC INSIGHT AS WELL AS A PARADIGM CHANGE IN A SINGLE POLICY. Do the simple math and observe the integrative problem resolving effects.

My new macro-economic insight that retail sale, being the single universally participated in point in the entire economic process, is the ideal place to implement a monetary gifting policy that will resolve the deepest problems of the economy and wildly benefit all economic agents individual and commercial…is worthy of an actual Nobel Prize. Its a paradigm changing insight. In fact it is a new concept I have coined as a mega-paradigm change of which there has only been probably three in the entire history of the human species. A mega-paradigm change is one that is immediate, universally personally experienced , continuous and whose effects also spill over into other systems, bodies of knowledge and areas of human endeavor than the primary area under analysis.

Sliding income scale starting at 10% of $500k/yr up to 25% personal income of charitable giving and to rational list of problem solving investments that the contributor does not have control of (50% of total to each category) reduces personal tax to a level of 2%. If the level/percentage of such giving is not committed tax rate is 35%.

Contemplating the aspects of grace is always enlightening, unitary, resolving and transformational.

Money does indeed make the world go ’round. Now let us enable it to accomplish the general good of the above aspects of political grace by integrating the new monetary and economic paradigm and aspect of grace…which is Gifting.

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.