First of all all new money is created by accounting entries. Secondly, currently it is virtually all created ONLY AS DEBT and As In ONLY THE OBLIGATION TO REPAY. That makes it a monopoly concept. All monopolies, particularly monetary and economic monopolies, are problematic because they are about domination and control…unless and until that monopoly is broken up by policies and personal actions that express and implement the highest and most ethical experience and concept humanity has ever conceived, namely grace as in love in action…and as policies are the actions of systems…systemic policies.

Historically, new paradigms are always in complete conceptual opposition to the current/anomalous paradigm, and the implementation of that new concept changes the temporal and generally the mental realities in the entire pattern under analysis. For instance, there isn’t anything inherently wrong with debt itself and debt will still be a reality in the new paradigm, but with the policies of the new monetary paradigm, the creation and distribution of new money won’t always have to be a debt…because Monetary Gifting which is in complete conceptual opposition to the monopoly paradigm of DEBT ONLY…will also be strategically integrated into the economy and money system in ways that will greatly benefit all agents individual and commercial.

There are paradigm changes and there are mega-paradigm changes. The new monetary and economic paradigm is probably only the third mega-paradigm in the history of the human species. A mega-paradigm is one that is immediately, universally and continuously beneficial, has “spill over” benefical effects in systems, bodies of knowledge and areas of human endeavor outside of the primary area under analysis, in this case the economy and the money system.

(Examples and how the new monetary paradigm would fit such definition)

Social/Psychological) “Imagine the potential benefits of making going to the store and buying something/anything an opportunity to experience gratitude instead of it being an onerous and resentful one because inflation is continuously eroding your ability to purchase? How about hope and confidence in the future because of individual guaranteed monetary and economic security. How about the satisfaction brought about by both cutting taxes and eliminating inflation at the same time.

Wouldn’t all of these be nice?

(Political) Imagine how nice it would be if we could integrate our politics so that it created agreement instead of almost complete conflict, concern for what benefitted every constituency instead of what was beneficial almost exclusively for personal and partisan power.”

(Ecological) Ending inflation forever will enable us to fund the mega-projects necessary to re-build our infrastructure and also to effectively confront climate change.

Grace/Love in action/policy is the most evolutionary concept in the cosmos.

(Why) The temporal and mental effects of every historical paradigm change have always been the various and mental aspects of the natural philosophical concept of grace and grace as in love in action is both the superlative spiritual concept and experience and the consciousness raising phenomenon humans can have.

I affirm everything you say in this post. My only question is does it help us move from the domination of Finance capitalism to industrial capitalism, make the money system truly serve Man and also enable the kind of fiscal deficits that will give us a chance to confront and handle climate change?

The money system and the economy require a true paradigm change, i.e. a thorough application of a new idea. Theoretical reforms are all well and good, but paradigm changes are orders of magnitude greater and better because they permanently resolve the anomalies of the current/old paradigm and hence change the realities of entire patterns.

1. Explain the effect of grace/the physical and mental cosmic code in human history, as it intertwines with the new monetary paradigm and how it will enable us to truly attain our species designation of homo sapiens/wise and discerning man Zeitgeist is the Only historical phenomenon and level of awareness higher than Mega-Paradigm change (chart of awareness)
2. Exegesis of the natural philosophical concept of grace as in love in action/systemic policy and how the awareness and experience of the aspects of grace are the effects of all progress and every paradigm change. (Examples of historical paradigm changes and mega-paradigm changes)
3. Show in the above how the new monetary paradigm which is the third mega-paradigm change will enable us to most efficaciously approach the new zeitgeist. (Exegesis of Present zeitgeist and identification of the future new zeitgeist)

Wisdom Insights are synonymous with Paradigmatic Analysis because they are both examples of Deep Resolving Simplicities

Grace is defined as Love in Action and as policies are the actions of systems, systemic policies. The natural philosophical concept of grace is the primary concept behind every historical paradigm change and its aspects are the primary mental and temporal universe effects of same. The concept of grace is both the highest spiritual value and the most pragmatic and resolving mental discipline AKA Wisdom and Science is a wholly included set within Wisdom. In fact, aspects of Wisdom/Consciousness generally are precursors to scientific breakthroughs.

Aspects of grace/paradigm change:

Resolution

Mental and Temporal Universe Inversion of Reality

Unity-Complete Integration, especially of Supposed Opposites

Trinity/Thirdnesss/Oneness, Prayerfull position of crossed fingers/palm clasping, Integrative Pointedness of peaks, Beauty and Awesomeness of skies/clouds/vistas/Increased awareness of Personal Space, Hegel/The Cosmic Code

Experiential and Conscius Ascent

New Awareness of Strategic Significances/Points of Power

New awareness of Universalities

Non-grasping Openmindedness, Patient Non-addiction and Sensitivity To Problems of Rigid Orthodoxy/Duality

Mega-Paradigm Changes: An Ultimate Temporal Universe Change characterized by immediate, personal, universal and continuous experience of aspects of grace in additional systems, bodies of knowledge and areas of human endeavor other than the specific pattern under analysis. Mega-Paradigm changes are the second highest level of analysis. (Zeitgiest/Ethic of the Age is highest level of analysis and is characterized by an ultimate integration/transformation of Duality into a Thirdness Greater Oneness, i.e. The Cosmic Code)

Everything else is erudite ignorance or collaboration with private finance’s human civilization long monopoly paradigm of Debt Only as the sole form and vehicle for the creation and distribution of new money.

Money indeed makes the world ‘go ’round’. Now let us finally enable it to accomplish the general good.

Any excessive price inflation (over 2%) occurring within 2 years prior to the new paradigm program in anticipation of the new paradigm being implemented will be discounted 100% and any revenue garnered from such sales will be taxed at 100% and rebated back to the purchaser,

Prior, present or future inflation will not be allowed to water down the benefits of the 50% Discount/Rebate policy at retail sale.

Eureka, which being translated is “I have found it.” Whenever you look at each other say “Eureka, I have found you.”

Family…Family is the second highest purpose in life and probably the most rewarding. And I ain’t gettin’ any younger so….walking sign. Smile

Graciousness as in acting with love is the highest purpose a person can strive toward. It doesn’t matter how many times one forgets or fails to act with grace it is still the ultimate purpose and journey, and the real secret of graciousness is the fact that expressing such a blessing, always bounces back at and within you. So graciousness be unto both of you.

The retail merchant discounts their price 50% to the consumer and the monetary authority gifts the merchant back with $200k on a $400k house. At loan signing the bank creates $200k that pays off the merchant and creates a loan of $200k that the consumer is liable for. The monetary authority pays the bank half of the interest to be paid on the total loan for 15 years at 3%, in this case $24,304.70 that it can immediately put in its “pocket” as income instead of having to garner the interest from the consumer paying the loan for x number of years. In exchange for this immediate gift the bank agrees to reduce the loan amount to $100k.

This policy stabilizes the system by further reducing the otherwise inevitable build up of private indebtedness, and yet the banks get the full profits they would make from a loan of twice the amount that is ultimately financed. This policy effectively integrates parasitic and problematic private finance into the rest of the economy’s legitimate commercial agents.

Nothing is economically and financially impossible when the the highest philosophical and ethical concept man has ever conceived, namely grace, is anchored to temporal reality by accounting.

With the 50% Discount/Rebate at Retail Sale, the 25-50% Debt Jubilee/Rebate at Point of Note Signing, The $100k General Debt Jubilee and the $1000/mo. Universal Dividend.

Its as big as that, and only the third Mega-Paradigm Change in the history of the human species.

If this were to actually happen it would finally awaken EVERYONE to the deepest problem we face, namely the current anomalous monetary paradigm of Debt Only as the sole form and vehicle for the creation and distribution of new money and as Burden To Repay.

There isn’t anything inherently wrong with a debt/a loan, but enforcing it as a monopoly idea/paradigm is and always has been the deepest de-stabilizing factor in economic history. Consult Michael Hudson and Steve Keen on the history and research.

What Hudson and Keen however have not cognited on is what is the exact new paradigm concept and how can it be most efficaciously applied? I have done that.

The last monopoly paradigm was The Reformation. We require a monetary, financial and economic paradigm.

EB: I agree, so whats your solution?

Me: Bear with me on this post, it might be rather long.

First we’ll probably need to take the situation you describe to court challenging the sanctity of contracts, specifically the monopolistic ability to seize other people’s money and assets because The Sanctity of Contracts ONLY is a monopoly paradigm.

In the mean time in order to stabilize the economy in perpetuity we need to communicate the wild benefits of strategically applying the new monetary paradigm of Gifting’s policies directly to the general populace.

Keep the above and this in mind: Probably at least 30-40% of the MAGA constituency is MAGA because the individual has been ignored and jipped by both parties for the last 50+ years.

A couple more preliminaries: The private banks utilize equal debits and credits, i.e. accounting operations to create upwards of 97% of our new money every year. And even government debt is presto-change-o immediately transformed into treasuries, i.e. debt. Thats a monopoly paradigm on new money.

Accounting/Double Entry Bookkeeping is probably the most temporal universe reality anchoring discipline Mankind has ever invented.

Many of the policies I advocate utilize the same debits and credits operations to anchor the new paradigms realities.

If a single policy in the 25 policy program of the new monetary paradigm (the 50% Discount/Rebate policy at retail sale)
1) immediately doubles everyone’s purchasing power,
2) potentially doubles the demand for every enterprise’s goods and services and
3) also mathematically ends inflation forever…thats a no brainer set of benefits that could usher in a greater coalition for its enactment than the The New Deal enjoyed, and
4) with my 25-50% debt jubilee policy at the point of loan signing…anyone could buy a $60k Tesla for $15k and a $400k house for $100k…so its even more of a no-brainer.

All liberal economic and monetary reformer’s, including yourself, philosophically align with the new paradigm. NIB is a form of Gifting for infrastructure, MMT is monetary Gifting for government contractors, Steve Keen’s “Modern Debt Jubilee” is a gift of money to erase debt, UBI/Universal Dividend is direct monetary Gifting to the individual, Michael Hudson’s research confirms that monetary Gifting has been utilized by the ancients to re-stabilize their economies and re-write the contract with their general populace. You take the majority democratic constituency and tack on at least 30-40% of the MAGA crowd even the dumbest consumer can do the simple math and say, Holy crap! Someone finally directly and immediately helped me!

We really need to pow-wow Ellen. The applied ideas AKA paradigms behind our systems are what create and enforce their temporal universe realities, and are where the real power for permanent resolving change is to be found. What if we could integrate and synergize the policy intentions of all of the aforementioned reform movements?

MG: I have good news, bud. It’s not enforced as a monopoly and hasn’t been a monopoly since executive Order 11825 signed on Dec, 31, 1974.

The reason for that timing is that the trade value (price) of gold has been fixed and pegged by government decree until Aug of 1971 and it was only AFTER the gold price was set free to be managed by the marketplace that it even became possible for people like you and me to monetize and use our sovereign gold for debt-free trade in a lasting system for real economic growth.

Gold with a fixed price peg is an abomination of free market principles. It’s a limited and finite monetary metal, afterall, so the trade value (price) must be scalable by market means.

Me: The problem is you believe in “free” market “principles”. The whole concept of free markets is in fact a misnomer for what actually is the economic reality, namely the chaos of alternately goosed and strangled financial dominance. In the human world there is only freedom amongst known and enforcable barriers. When “Finance owns the joint” as Illinois senator Dick Durban has correctly observed every economic agent individual and commercial is forced onto all fours.