Instead of a provably fallacious orthodoxy of equilibrium how about implementing a continuously graceful and stable flow of the economy and yet wherein you can have controllable cyclical ups and downs…with a policy that has aggregative as in macro-economic effect…because the aggregate of EVERYONE participates in and/or is effected by it, namely a 50% Discount/Rebate at retail sale…utilizing the exact same tool and process that virtually all new money is created and distributed by presently, namely double entry bookkeeping? Here’s a list of some of the beneficial and problem resolving effects of this single policy:

1) It transforms chronic erosive inflation into beneficial price and asset deflation for the consumer and yet with the rebate aspect of the problem it guarantees the merchant gets their entire price.

2) It immediately and continuously doubles the potential purchasing power of the individual and hence the potential demand for every enterprise’s goods and services thus ending chronic austerity of individual demand while integrating the up until now opposed self interests of merchant and consumer.

3) It invalidates Freidman’s dictum regarding inflation and the Quantity Theory of Money unless you’re so terminally orthodox that you’re unwilling to look at its effects and hence unable to think a new thought…not unlike neo-classical economists.

4) It breaks up the current human civilization-long monopoly monetary paradigm for the creation and distribution of all new money (Debt Only) with the new applied concept/paradigm of Strategic Monetary Gifting…by discovering and applying a concept that is in complete conceptual opposition to the present paradigm (Debt Only as opposed to Strategic Gifting).

5) And just as a kicker…if we’re smart enough to CONSCIOUSLY do so…it would be the greatest opportunity to self actualize graciousness as in gratitude for a gift since meditation and prayer…and you won’t even have to chant the right words, just go to the store and buy something. So why don’t we all “overturn the tables of the money changers”, put a smile on our faces and increase economic security and freedom like never before? Or we can all just get so frustrated by Trumpian Chaos that we end up mistakenly slugging our neighbor who may or may not be a Trumpist/fascist.

Like every current economic problem a 50% Discount/Rebate policy at the retail/exchnge point of the problem…is the solution. So just have the central bank pay 50% of everyone’s monthly social security payment and the trust fund is secured until basically forever. If the FED can inject hundreds of billions of free debtless dollars into a handful of too big to fail banks in a matter of days as I posted here they did a few days ago…then they could do the same for the human civilization-long neglected individual economic agent at the various retail/exchange points throughout the economy…and resolve inflation, potentially double the demand for every enterprise’s goods and services and prevent the Debt Only paradigm wielded by the banking/money system from serially de-stabilizing the economy since forever. You want beneficial deflation like every libertarian says they do? Then implement a 50% Discount/Rebate at retail sale and get $100 of groceries for $50, a $60k EV for $30k and a $500k house for $250k…and avoid all of the pain of allowing the current way deflation occurs and that libertarians tend to overlook. You want tax cuts? Then have the FED fund a reasonable universal dividend of say $1000/mo. to everyone 18 years of age and older…not with treasuries/debt instruments but as electronic cash. Then who needs the payroll taxes for welfare and unemployment insurance? Make the 50% retail Discount include sales taxes and you’ve increased the funding to non-sovereign governments decentralizing and increasing their ability to provide infrastructure etc.

So many solutions…if one only opens their mind and looks at the effects of the new monetary and economic paradigm instead of only computing on orthodoxies that paradigm invalidates.

JD: What you are proposing would result in roughly 20% yoy inflation for several years, a net loss to “beneficiaries”.

Me: Being able to purchase $100 worth of groceries for $50 is a funny kind of inflation. And of course you expose yourself as a liberatarian moral and ethical moron by not recognizing (or not carring) that individual commercial agent inflation is actually an anti-social act. It also exposes the fact that “free” market theoretics isn’t free at all but rather the chaotic delusion of COMPLETE FREEDOM…including the freedom to commit unethical behavior. The minds of terminally orthodox libertarians live on a different planet than other humans do where ethics are real and necessary. And your problem is solved by allowing commercial agents to increase their prices 2-3% per annum and any revenue they may garner from higher inflation is taxed at a rate of at least 100%. There is only freedom amongst know and enforceable barriers