Instead of demanding that every business pay $15/hr. which forces them to increase their costs, with a 50% Discount/Rebate policy at retail sale every employee would receive a 100% increase in purchasing power and with the rebate the enterprise would receive their full price without additional cost while benefitting from the increase in demand for their goods and services.

This is just one of the ways that Finance’s monopoly paradigm bars the resolution of a deep economic problem, forces costs on every other enterprise and allows Finance to monopolistically dominate virtually every market as well as the entire economy.

Private Finance’s systemic power of the ability to create money is bad enough because money is the life’s blood of every individual and commercial agent. However, a monopoly paradigm, i.e. a monopoly long acculturated idea on the form and vehicle that new money can take is even more overweeningly powerful. That monopoly idea is that new money can only be created in the form of debt. This is the ultimate power of Private Finance and in fact even all of government/fiscal new money is immediately transformed into debt in the form of Treasury bonds.

The last monopoly paradigm was the Roman Catholic church’s monopoly on salvation AKA Catholic Sacraments Only. That monopoly paradigm resulted in widespread fear and the death of many, many people. We must end Finance’s monopoly monetary and financial paradigm by integrating the new paradigm of Monetary Gifting into the Debt Only based system.

Problems Solved and Benefits Accomplished By the New Monetary Paradigm:

Problems:

Ends inflation for every individual agent…forever.

Ends any need for fiscal austerity.

Ends rule of private finance which has historically been the deepeset reason why empires wage war and also end up disintegrating.

Benefits:

Aspects and examples of Grace:

Both/Andness or Trinity/Unity/Oneness, and the Many Hiding In Plain Sight Trinities:

Buddhist black and white tear drops with spot of opposite color in tear drop and the totality of the circle, The Christian Cross and The Holy Trinity, Physical Universe: Start, Change and Stop, Mental Universe: Create, Re-create, Continuous Creation, positive and negative charge and electricity, inhale, exhale and pause, mental reach/know, mental withdraw/unknow, new mental reach/know, fibonacci sequence, Hegel’s Dialectic, other physical examples

Self-Awareness, Higher Consciousness and Consciousness Itself

The Cosmic Code: An Integrated/Integrative Duality to the Point of Thirdness Greater Oneness.

Expressed As:

[ (A x B) –> C)]

Flow, Continuous Dynamic, Integrative Flow

Love in action, and as policies are the actions of systems, loving systemic policies, example: Monetary Gifting

Abundance

Joy

Newness/Nowness

Freedom/Free Flowingness

Renewal, Continual Renewal

Humor/Laughter/Release

Everything and Its Opposite Integrated: Your Awareness, The Physical Universe and The Experience of That Integration i.e. your attention on the present moment of electro-magnetic flux and the ecstatic experience of that integration

Wisdom, i.e. the integrative intellectual and ethical process

Paradigm change, as new paradigms are always the correct and enlightening integration of opposite concepts that results in a third greater reality in a mental and/or temporal universe pattern

Wisdom insights and new paradigms are alike in that they are both Deep Resolving Simplicities

Actual and permanent Progress whether mental, temporal or both

Depth and Breadth of Analysis, Resolution

Integration, The Thirdness Result of Thorough Integration of Opposites

Non-monopoly/False Trinity/Oneness

We are doomed unless every economist and economic pundit quits fiddle faddling around with genuine but separate insights that are aligned with the new paradigm of direct and reciprocal monetary gifting….but are unconscious of that concept and precisely where, when and how to implement it.

Every data point, every reform, every preaching to the academic and chattering class choir moves us a thousandth of a millimeter closer to the goal of monetary freedom, economic stability and ecological survival.

On the other hand communicating the benefits to both the individual and enterprise of the handful of policies, regulations and structural changes of the new paradigm and building a mass movement that herds the political apparatus toward legislating and executing it would integrate the good intentions of all such reform movements and save us from our own apparent lack of survival instincts, and perhaps egocentric self interests in communicating one’s separate theories and reforms.

Admit it Mish you don’t really want to end inflation. I’ve posted a way to forever end inflation mathematically and macro-economically here for years and virtually no one here ACTUALLY looks at it. A way that benefits every individual and virtually every commercial agent. A way that blows away all of the “free” market delusive theory and exposes the fact that the reason for the inability to resolve our economic problems is because the monopolistic monetary paradigm is the actual deepest reality that enforces alternately goosed and strangled financial chaos out of which finance always rises from the ashes and 90% of everyone else limps on unknowingly. Chaos is not freedom its the lack of real barriers and the ability of the wielder of a monopoly paradigm to dominate.

You are smart about reading “the market” as much as is possible within the chaos it actually is. Are you honest enough to give up your libertarian beliefs and simply admit that we are in an advanced state of an anomalous monetary and financial paradigm…that can only be resolved with a new paradigm?

These policies insure the universal price deflationary benefits of the 50% Discount/Rebate policy at Retail sale, benefit every enterprise prior to retail sale with a reciprocal policy that shields them from any inflationary mischief by the business model prior to them and also rebates any arbitrary price increases importers may attempt to foist on domestic enterprise. It utilizes accounting functions to end inflation forever throughout the entire course of the economic process.

Me: Could not agree more about banning short selling altogether and making banking a public utility.

Steve Keen has recognized that the problem with neo-classical macro-economics is it ignores “money, debt and banks”. The money system under the present paradigm of Debt Only as the sole/monopolistic concept for the creation and distribution of new money is increasingly and inevitably unstable. Direct and Reciprocal Monetary Gifting, strategically integrated into the Debt Only system in a way that benefits every individual agent and that macro-economically slays inflation by implementing beneficial price and asset deflation is the way forward toward ending the insanity of naked shorting and the taming of Finance.

The single policy of a 50% Discount at retail sale, all of which discount is rebated back to the merchant granting it to the consumer by the central bank or other monetary authority mandated to do so, implements the new paradigm concept and its primary benefits into the temporal universe, namely immediately doubling everyone’s purchasing power, thereby greatly increasing the demand for every commercial agent’s goods and services and yet, paradoxically, macro-economically ending inflation forever. Yes, in a not altogether sane or ethical world you’d need to regulate the economy so as to align it with the new paradigm, but what else is new and when all is said and done “Systems were made for man, not Man for systems” …and banning short selling and making banks a public utility would do a lot to stabilize the new paradigm.

EB: I’m all for money printing for infrastructure and development. We should do that! Lincoln had it right. I’ve written a lot on that. But money printing to buy US dollars to buy US assets seems a bit shifty.

Me: Correct. It’s just another way that finance is used to dominate and manipulate. The US does it, and so do the Chinese. The corrupting power to create money is irresistible…unless its creation is guided by a superlative ethic…like grace as in graciousness and grace as in GIFTING. A 50% direct and reciprocal GIFT of price at retail sale graciously implements such ethic.

The applied ideas/concepts behind our systems are most important to understand them…and to guide and ethically enforce them.

The Chinese will eat the West’s lunch until we have the new monetary paradigm, and if the West implements the new paradigm first it will rejuvenate our economy and enable us to re-industrialize in the most efficient and ecologically sane way possible…which will do what? That’s right, greatly reduce the Chinese’ export platform powers and, if they’re smart, which the Chinese are, follow suit and implement the new paradigm into their own domestic economy.

DK: Central banks are a criminal entity, who in the end, like their criminal overseers, the US treasury & US govt will be the last ones standing {by design of course} to provide the rails for the CBDC. A digital gulag based on the Chinese social credit score. It’s coming. It’s inevitable. The fiat ponzi scheme, and its subsidiarys the banks and the current financial sytem is doomed. They know it.

Me: I have no conflict with you regarding the cruel/criminal effects of the current financial institutions. Yet I implore you to consider that austerity is not the answer either. What is required is an integrative thirdness greater onenessof the dueling orthodoxies in the left and right perspective.

Also, a CBDC could be a domineering threat…unless you implement a policy that mathematically eliminates the possibility of it becoming a way to implement social inequality. How is that accomplished? By implementing a policy that, because of its implementation point (retail sale) is universally participated in and so its beneficial monetary and economic effects are experienced by everyone. That policy is a 50% Discount/Rebate at retail sale. That way EVERYONE’S purchasing power is doubled. So it has no negative social/class effects.

It is ironic (if not secretively an unconscious means of slurring) that the Chinese system of social credit happen to be the same words used to describe a world wide movement called Social Credit started by a man named C. H. Douglas between the two world wars. Douglas was ahead of his times because he understood that money is most basically accounting that is equal debits and credits summing to zero. My 50% Discount/Rebate policy is actually an innovation of a policy championed by Douglas’. Douglas was a contemporary of Keynes and Keynesianism actually became the fall back position of private finance after the Great Depression and WW II to Social Credit which again was a burgeoning world wide movement and whose policies utilized monetary gifting.

TV: The USA is a pendejo. Only 10% of Chinese trade is with the USA.

Me: 16.2% to be exact and we are their biggest trade “partner”. Thats economically very significant. And when you throw in all of the domestic benefits of the new paradigm policy program its a complete no brainer…for both individual and commercial agents. What? You don’t like being able to buy a $60k Tesla for $15k (with the two 50% discount/rebate policies at retail sale and at point of loan signing) and a $400k home for $100k??? How about never having to feel pissed off at inflation ever again???

Me: Yes, casino capitalism, its wild financialization and the entire “regulatory” apparatus that actually supports it must go. But reforms will never accomplish this. Paradigms are SINGLE OPERANT APPLIED CONCEPTS that enforce/change the nature and all of the complexities OF ENTIRE PATTERNS. That is historically verifiable. Discovering new paradigms is the actual analytical starting point for REAL PERMANENT change. You want real change…examine the operant idea that enforces the realities of the present anomalous paradigm and invert it (one of the cardinal signatures of all historical paradigm changes)

APPLIED PHILOSOPHY FIRST needs to be our motto.

Think about it. Does an animal that stumbles upon a food source that will sustain it and even ensure its survival stop and think, “Do I need to pay some entity something for this? No, it simply partakes because its natural and there is no NECESSARY AND ARBITRARY abstract factor IMPOSED on them to do so. With the current monopolistic monetary paradigm of Debt Only you are abstracted out from this very natural right by a powerful idea and the elites who wield it.

This does not exclude creation and payment of debt, it simply enables and includes Gifting…where it is most universally and economically beneficial. It is a new and desparately needed applied idea. Thats what a new paradigm is and does.

Monopoly paradigm concepts are much more powerful than mere systemic or business model and individual market monopolies. Break up the civilization long monopoly paradigm of Debt Only and we’ll have the greatest progressive and beneficial change since we made the change from hunters and gatherers to utilizing agriculture.

Avner’s insight is a good one because it helps break up the delusionary belief that government creation of money is always wasteful etc. Its time and cost insights also are valid.

What if we analyzed those relevant factors of time and cost from the opposite perspective of immediacy and cost reduction with a 50% Discount/Rebate policy at retail sale? Everyone participates in retail sale thus such a policy mathematically and aggregatively/macro-economically benefits everyone by cutting the cost to the consumer by half while still enabling the commercial agent to get their full price?

I’m considering a class action suit (the class of all human beings and all economic agents) against Finance’s monopoly paradigm of Debt Only for the creation and distribution of new money. Monopolies are problematic because they are anti-competitive market situations. Private Finance dominates virtually every market in the economy thus dominating the entire pattern/body of knowledge of economics with that monopoly paradigm. The last monopoly paradigm broken up was the Roman Catholic Church’s monopoly paradigm for salvation (Catholic Sacraments Only) by The Reformation. Are we ready for/smart enough to start a monetary/economic Reformation?

Everything conservative and libertarian pundits want to occur is accomplished by a chnge in the monetary paradigm. A 50% Discount/Rebate policy at retail sale doubles every individual agent’s purchasing power while simultaneously mathematically implementing BENEFICIAL price and asset deflation and potentially doubling the demand for every enterprise’s goods and services. Implement the rest of the policy program of the new paradigm and taxes of all kinds can be drastically reduced or even eliminated. And all you have to do is open your mind enough to see the temporal universe realities the new paradigm will create.

China despite its current economic slowdown will continue to thrive, and if they recognize the new paradigm and imlement it…you better start learning Mandarin.

What we need is what I would call philosophical economics. Why? Because new paradigms are always single concepts that strategically and efficaciously applied change entire patterns. Progressive economists have identified the core of the problem with economics as “money, debt and banks” now they just have to focus a little more and come up with the specific new paradigm concept and align policy with it. Ideas, applied ideas, are what has always changed the world. Thus, philosophical/conceptual economics is the starting point for changing economics into an ecologically sane body of knowledge.