Why The World Is Going No Where Fast

Because we “dick around” with reform when paradigm change is necessary. Many reformists make the observation that the world changes “one funeral at a time”, and there’s some truth to that, but even deeper and simpler than that the actual reason we’re stuck is because we don’t think paradigmatically, that is conceptually about systems. Hence we never get to the entire pattern changing ideas that 1) keep all of the anomalies of the current paradigm in continuous suspension and 2) by philosophically studying the history of past paradigm changes discern both a) the needed new paradigm and probably most importantly…b) the concept behind EVERY historical paradigm change….which concept discovered, enables us to align all of our systems with it so as to focus, intensify and hasten the integrative mental and temporal effects that paradigm changes always bring us.

That idea is the natural philosophical concept of grace as in love…in action. Love is the most powerful experience in the cosmos, and acting with the relevant systemic aspect(s) of grace has always been the winning formula.

And why is that? Because the concept of grace is the most actively integrative, unitary and resolving of opposites concept humanity has ever conceived and experienced. In fact the concept of grace is everything…and its opposite concept…thoroughly integrated. In other words grace is the integration of the mental and the temporal…which is what a new paradigm manifests, i.e. the enlightening idea that applied, changes everything in the temporal universe pattern under analysis. It is also a thirdness greater oneness (major aspect of grace) of the problematic dualities in an anomalous current paradigm. In other words it is the thorough integration of a duality resulting in a true thirdness greater oneness of the truths, workabilities, applicabilities and the highest ethical considerations of that problematic duality.

This is what I refer to as The Cosmic Code of Wisdom and Grace.

Posted To Steve Keen’s Substack Newsletter 03/27/2024

Here’s the beginning of the end of the idiocies of neo-classical macro and of the fallacy of Dynamic Stochastic General Equillibrium: A 50% Discount/Rebate policy at retail sale and a 50% Dual Gift to the banks and to the individual at point of loan signing and the other policies of the new monetary paradigm. The 50% Discount/Rebate at retail sale doubles individual demand while simultaneously implementing beneficial price and asset deflation which integrates the self interests of individual and commercial agents. The 50% Dual Gift at loan signing implements continuous debt jubilee into the economy thus ending the dominating monopolistic paradigm of finance and the inevitable build up of private debt. It transforms DSGE into DSGMD, Dynamic Stochastic General Monetary Disequillibrium.

The destruction of anomalous orthodoxies and the beneficial inversion of temporal universe realities: classic signatures of historical paradigm changes. All objections are just “truths” within the present paradigm. Align further regulations with the new paradigm concept to solidify and stabilize it because mankind has shown itself to not be an entirely rational or ethical species and “learn by doing”. Nuf said.

New Policy

Automatic life sentence for anyone conspiring to foment/cause violence or other disruptive activities in order to de-stabilize/end the new paradigm policies and their effects.

Minimum 25 year sentence without parole for anyone knowing of such attempts and who fails to immediately notify authorities regarding them.

Wisdom: Always the Answer…and the Way Forward

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.

Posted To Steve Keen’s Substck Podcast 03/23/2024

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

Posted To Mish Shedlock’s Blog 03/21/2024

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.

“Paradigms” and Paradigms

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.

Posted To Steve Keen’s Substack Newsletter 03/19/2024

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.