Prelims To Presentation

Posted by chdwr

The FED is the ultimate monetary authority and even though the Treasury creates money to cover the deficit only with debt, that is bonds, the FED could fund and carry all of those bonds on its books and also directly distribute money not as debt to pay for government and also at strategic points in the general economy. All it would take would be to amend the FED’s charter in order to do that. Finally, the basic reason that the FED was made arm’s length from the government was so that it couldn’t legislate the policies of the new paradigm AND SO BREAK UP THE MONOPOLY PARADIGM THAT THE BANKS WIELD TO DOMINATE EVERY AGENT IN THE ECONOMY AND SO ALSO SERIALLY AND UNCARINGLY DESTABILIZE THE MACRO-ECONOMY BY OVERWHELMING IT WITH DEBT.

Money is created by the banks and by the Treasury ONLY AS DEBT, IOW AS A MONOPOLY PARADIGM CONCEPT KNOWN AS DEBT ONLY. This is the heart of the problem, so please keep it in mind. They do this simply by utilizing the double entry bookkeeping operations of equal debits and credits that sum to zero. The primary policies of the new monetary and economic paradigm use the exact same accounting operations…just with a different concept.

Paradigms are key reality creating and changing applied concepts and are several orders of magnitude more powerful, beneficial and long lasting than mere palliative effects. Systemic analysis is good, but conceptual that is, paradigmatic analysis is much deeper…and in the last 12 years I’m the only person I have seen who analyzes the economy and the money system conceptually/paradigmatically.

Scepticism is one thing. Cynicism is quite another. Cynicism is stopping before one even begins and hence is what I refer to as erudite duncery. Sun Tsu the Japanese war strategist said that if you can convince the enemy that there is no reason to resist you, you will win every war…without a single battle. That describes cynicism perfectly.

The trick to achieving the incredible benefits of the new paradigm program is to simply keep broadcasting and modeling those benefits to individual voters and just ignoring any orthodox objections and rebutting any stubborn refusal to look at them…again by simply modeling them until they see them. In the mean time the following facts favor the new paradigm:

We, that is every individual economic agent and every commercial agent are many, and those who would object to the new paradigm…even though it would also benefit them…are few. And
the truest of political truism’s is that people vote their pocketbooks, and the policies of the new paradigm do this in spades.
In fact they do so for the vast majority of the voting constituencies…of both parties. And thats why the policies are so politically powerful because they integrate the self interests and stated goals of that seeming unresolvable political divide.

So let me begin with the primary policy of the new paradigm program: The 50% Discount/Rebate at the various points of retail sale throughout the economy

Regular Consumer Retail Sale, then proceed to the other retail points.

Steve Hummel 08/31/2026

Posted To Steve Keen’s Substack Newsletter 08/28/2026

Posted by chdwr

It is correct that the money multiplier and loanable funds theories are false. Full stop. Likewise with the “problem” of “the national Debt.” However, rectifying the thinking around these fallacies does not penetrate to the level of actual solutions, only palliatives to one degree or another, unless and until one analyzes money on the conceptual/paradigmatic level. Paradigms/APPLIED concepts current and new are what changes both mental and temporal universe realities. Thus failing to analyze the system conceptually places the cart before the horse.

Banks do create money. That is not the problem. The problem is they create money ONLY AS DEBT/a monopoly paradigm and then when various poorly or completely unregulated forms of speculation, “innovations” like derivatives as we saw before the GFC of 2007 and other more legitimate speculative investments like AI these “externalities” cause a crisis. However, the system with the present monopoly paradigm is basically unstable all by itself its just that the above make it more rapidly so.

The trick is to find a place/places to implement the new paradigm, which is always in complete conceptual opposition to the present anomalous paradigm (read in this instance Strategic Monetary Gifting vs Debt Only), that directly inverts and resolves the problems of inflation, monetary and demand austerity and the system’s basic instability itself…for all economic agents…and that point is regular consumer retail sale and the retail point of finance as well with a policy of a 50% Discount/Rebate at these macro-economic as in universally participated in points in the economy. That is a paradigm change in a single policy…and with the rest of conceptually aligned policy program, ties up the rest of the strings in a complex system like the economy and a universe that is innately emergent.

Finally, realize that all of the remedies of the current problems are actually monetary gifting in one way or another like UBI, job guarantee, debt jubilee, its just that they aren’t sufficiently universally and continually effective…like the above policy at the points of retail sale. Thus they are palliatives that don’t change/invert the systemic realities.

Finally, finally, give everyone, every commercial agent and also the government (already accomplished) an account with the central bank and mandate that it create and fund the Rebate aspect of the 50% Discount/Rebate and Mission Accomplished! for real this time. And consider that taxes are the retail point of the government deficit and every individual and commercial agent is the paying party so the 50% Discount/Rebate policy reduces taxes by that percentage. Not even the oligarchs and the banks could bitch about that.

Why Does Government Have To Pay The Total Costs For Everything It Legislates And Everyone Has To Pay For The Total Costs of Everything They Buy As Well…

Posted by chdwr

…when the ultimate monetary authority is the central bank and it could just create the money necessary to pay for 50% of the benefits government identifies as rationally needed and 50% of the cost of everything we buy when we go to the store as well?

Why not just mandate that the central bank create and distribute 50% of the cost of all such government legislation and also 50% of the price of every good and service at its retail point in the economy???

“It will cause massive inflation!” say the economists. Well, if you can buy $100 worth of groceries or other consumer products or services for only $50 at the point of retail sale…thats a funny kind of inflation.

“It will sky rocket the national debt and the taxes needed to pay for those services!” say the conservative and even the liberal politicians. Well if the central bank just created and distributed 50% of the cost of all legislation with money…not bonds IOW not debt…that would reduce the amount of taxes individuals and enterprise needed to pay to cover those costs and benefits BY 50%…and thats a funny kind of “necessary” increase in both taxes and debt.

“Thats harmful and over bearing!” say the people who wield the present paradigm. Well, if doubling the potential demand and hence the potential profit for every enterprise’s goods and services including the services of the private banks, IOW paying the bank 50% of everyone’s monthly debt payment…thats a funny kind of harmfulness and overbearingness for everyone…including the private banks.

And all of these and other economic problems are caused by finance insisting that all new money must only be created and distributed as DEBT, in other words a monopolistic and so dominating and harmful monetary and economic paradigm concept of DEBT ONLY…and integrating a directly distributive and reciprocal monetary paradigm into the DEBT ONLY system with a 50% Discount/Rebate policy at the retail points of the economy and also of government costs solves virtually all of the long standing economic problems everyone is forced to endure because of the present paradigm.

The last monopoly paradigm we broke up was Salvation Via Roman Catholic Sacraments ONLY and that was known as The Protestant Reformation.

We need a new monetary and economic reformation of Direct and Reciprocal Strategically Distributed Monetary Gifting at the retail points of the economy with a 50% Discount/Rebate policy at retail sale.

Let us have such a gracious economy and gracious government.

Steve Hummel 08/25/2026

Pitch To Senator Kelly’s Staff

Posted by chdwr

My name is Steve Hummel. I live in metro Phoenix, and I’d like to make an appointment to speak with Senator Kelly or someone who will pass some innovative and problem resolving policies I have crafted, on to him. Policies that create both much greater affordability for the individual and simultaneously greater profitability for enterprise. My phone # is 602-769-6832 and my email address is ataushumme@yahoo.com.

Let me start by telling you how and why the policies I’m suggesting are politically powerful.

They’re implemented at a point that everyone must and does participate in meaning they have immediate aggregative/macro-economic effect
They address and resolve the affordability issue that 90+% of the voting populace is afflicted with
They benefit enterprise as much as they do the individual by creating both greater economic democracy and greater profitability and so
They integrate opposing political agendas into a third problem resolving applicability which means
It has the potential for the person and party that sees this to be the one that creates probably the greatest majority political coalition since The New Deal.

Now I’m going to mention the primary policy and 1 other policy of the entire policy program of what I call Wisdomics.

The primary and essentially break through policy is a 50% Discount/Rebate at both regular consumer retail sale and the retail point of Finance which is everyone’s mortgage, insurance, automobile or other big ticket item’s monthly payment. That means everyone gets to buy $100 worth of groceries or other goods or services for $50 so everyone’s purchasing power is mathematically doubled, and with the rebate aspect of the policy the merchant gets their full price of $100 plus the enterprise additionally benefits because the potential demand for their goods and services is also doubled, so its a win/win. This single policy transforms chronic erosive inflation into beneficial price and asset deflation for the individual and again without forcing enterprise to give up half of their price with the rebate. But wait! This policy isn’t done benefiting everyone. The 50% Discount/Rebate is also implemented when anyone buys say a $500k house. They get that house for $250k at the sale by the home builder or home owner and then when they go to the bank to borrow the remaining $250k that is routine except when the individual’s monthly payment comes due the central bank pays 50% of the total to the bank so the individual gets a $500k house for the equivalent payment of a $125k loan.

Affordability. The key economic problem for the individual is resolved. And even the banks benefit because with the doubling of everyone’s purchasing power and another policy of what I call Wisdomics-Gracenomics, a UBI or UHBI (Ultra High Basic Income)…virtually everyone is creditable instead of only 10-20% and so the market for the banks “product” is vastly increased.

(Explain how the policy is made real via the same present means of the central bank utilizing double entry bookkeeping to create money and so fund the government, the banking system and the economy…so it makes the central bank everyone’s BFF instead of just the handmaiden of the Banks monopoly monetary paradigm and their bail bondsman when that monopoly paradigm destabilizes the economy like in 2008.

Mention sliding scale required “tax” of purchasing power into 5-6% Eco-Energy R & D Treasury bonds and how it mitigates over consumption while initiating rational action toward the looming issues of our climate and energy crises.

Rebutt cynicism by showing how it transforms intelligent people into obstructionists who stop permanent and deep change before it even begins.

Re-Post Of A Long Conversation On Real World Economic Review 04/24/2018

Posted by chdwr

Completely agree we need a new economics. Only a paradigm change qualifies as a new economics. Everything less than that is merely “epicycle” reform that will be gamed and morphed back into the same old economics. Erudition and abstraction are all well and good, but the deep insight and transforming effects of a paradigm change ultimately render most of such to distracted and non fully looking vanity. So let us have a new paradigm so we can actually accomplish a new economics.

Studying the history of paradigm changes is an essential and enlightening guide to deciphering both the old/current one and the new one. In the Reformation the primary aspect of the paradigm change was directness of the relationship to the product of the dominating force, i.e. the God’s grace via its sacraments. This defined the current paradigm of sacraments only via the church and the new one as the individual’s direct relationship with God. Today in economics it is the form of Debt Only for the distribution of money/credit that is the current paradigm and monetary gifting directly and reciprocally applied and distributed at the point of retail sale throughout the entire economic process that is the new one.

If we want and need paradigm change let us study them and apply their signatures to economics.

***************************************

Steve Keen says DSGE’s problem is it doesn’t have money, debt or banks in its model, and he’s absolutely right. His only problem is he talks paradigm change and reformation, but he doesn’t have a clue about their nature, their signatures, what the current one or the new one is and how to implement it. He’s a good mathematician and probably a great pedant, but he doesn’t have the mindset skills for paradigm perception….and he’s probably the best economist on the planet…and that tells you something.

Economics needs an informed visionary who can also look directly at commerce, discern its significances and craft policies that deal terminatedly with money, debt and banks, not the endless wandering opaqueness of erudition and abstraction that resides entirely within and cannot step outside of the current paradigm.

FS: Surely, the major error in conventional economic analysis is obvious. Equilibrium analysis is and must be that gross misunderstanding. The empirical evidence since the start of the industrial revolution is of cycles. Therefore, there is no known period of equilibrium.

Me: General Equilibrium is the macro model problem, but what is it that plagues both enterprise and the individual and prevents the entire system from being free flowing? Money, debts and banks are the clue…and the deepest answer is INDIVIDUAL monetary austerity. Okay, so banks create virtually all of our money, its form and nature is Debt Only and banks dominate and manipulate all other business models and 95-98% of the general populace.

The answer to the current paradigm of Debt Only is a direct monetary gift to the individual (a universal dividend) and a direct and reciprocal monetary gift at the strategic point of retail sale throughout the entire economic process with a discount/rebate policy that resolves the chronic problem of modern economies, namely price inflation. Direct and Reciprocal Monetary Gifting resolves that problem, the monopoly paradigm of private banks and a whole host of other problems and unnecessary stupidities. If any one can show me that they can do these things and more I’ll applaud them and get on their bandwagon. Otherwise lets get on with the mass movement to herd the entirety of the political apparatus toward the implementation of the above.

FS: While I do not disagree with the general thrust of your comments, economists must not bite off more than they can chew.

They may wish to emulate Hari Seldon, but the likelihood of their success is very small.

To use scientific development as a more relevant example, it was achieved by many tiny steps each creating further insights. Despite a few false steps, progress has been continuous. The application of the scientific method has been and is of critical importance to its achievements.

As I see it, it will only be through making small rigorously valid steps, will economic understanding on a larger scale be achieved.

L: Mainstream economists see no difference between rentier income and income directly tied to production of goods and services. Michael Hudson’s views deserve an honest evaluation and discussion. Steve Keen is not (IMO) the best communicator of MMT. Stephanie Kelton and Michael Hudson are the most effective communicators in my view.

Me: Michael Hudson’s fire in the belly regarding the parasitical nature of finance is impressive. Steve Keen recognizes that MMT has the mechanics of money creation correct but that it only speaks about government debt which is “a tempest in a teapot” compared to the deflationary nature of total individual and corporate debt. However, neither is apparently aware of the breakthrough insight about how to implement what they both want to see, namely the end of economic and monetary austerity for both the individual and for enterprise by tying monetary gifting directly to the point of retail sale throughout the entire economic process.

We can pray that incremental reforms and tweaking of theories will undo the 5000 year old paradigm of Debt as the only form for the distribution of money, and hold up the 500 year old paradigm of Science as the only way of discovering an answer, but these orthodoxies, the increasing pace of change and the rising stress of long delayed resolution will spell disaster for everyone….unless we discover and utilize the supreme integrative human mental discipline of Wisdom which includes science plus the pungent kick in the @ss discernment and decisiveness necessary to resolve and extricate us from the building chaos.

C62: But the demagogues are already here. Where and when will a reform of existing structures and a latterday Bretton Woods economic consensus come from? Meantime individuals are more nearly “atomised /brownian” largely due to their fixation on mobile devices/”new media”. As in the poem the centre cannot hold & the worst are full of passionate intensity. Isn’t there some sense that the laudable objectives expressed here might resemble rearranging the deck chairs on the Titanic?

Me: You have to bring an every way integrative appeal to traditionally opposed constituencies like the individual and the small to medium sized business community, and use the very means of distraction to unite them. Discernment and integration of only the truths in opposing perspectives and inverting/transforming an apparently problematic means of communication are two of the processes of Wisdom which not only includes science, but is actually its most radical form and manifestation.

KZ: Craig. “The question is how are we going to resolve the issues that everyone agrees upon, namely the continual build up of debt, systemic austerity and scarcity of individual income?”

Change the laws that allow such actions to be carried out. Then, enforce these laws strictly.

Me: “Change the laws that allow such actions to be carried out. Then, enforce these laws strictly.”

Yes, so how do you change the current law/current situation?

You recognize the most important, problematic and operative factor in the current situation, money, and then you intelligently and insight-fully resolve its scarcity so that the individual, commercial agents and the system become a lean, mean freeing machine that serves them rather than slavishly makes them serve it.

Look directly at commerce and its tools and operations until you see, then focus on the solutions there and never stop until they are implemented.

PP: Banks do not spend money, except trivially to pay salaries and run their buildings, etc. When someone walks into a bank and gets a mortgage loan, the following happens:

1. The banks writes in its books that person X owes the bank $100k plus interest over some years. That’s a loan.
2. The bank and person X write a contract that if X is unable to repay the loan the bank has a right to repossess and sell the house. That’s collateral.
3. The bank writes in its books that the bank credits X’s account $100k, which means the bank promises to pay X $100k whenever they ask. That’s a deposit.
4. At the end of that day the bank checks that it has enough credit with the central bank (the Fed, ECB, etc.) to meet some legal targets, which are fairly low. If not, the bank takes a loan from the central bank. That’s reserves.

Money gets created at step 3, when the bank writes out the loan amount into the customer’s account. That money doesn’t come from anywhere, not from the central bank. The bank creates it. The bank can create money like this because:

* It’s a bank. It has a special license that makes it different from a person or bakery.
* The bank has assets to match or exceed the amount it created (the loan and collateral).
* People accept bank credit as money, and call it money for all intents and purposes.
* The central bank and the government have the bank’s back and promise to guarantee it all if it goes wrong. Except in Europe where they don’t so there’s constant crisis.

I hope this helps.

Me: Nice, succinct analysis.

Now consider that we currently give one business model (finance) the sole monopolistic right to create the life’s blood (credit/money in the paradigmatic form of debt ONLY) for the survival of every business and every individual.

This is domination and felonious temptation waiting to happen, and because old paradigms are largely unconscious and new ones require a new conscious realization…..all we have to do is stand up on our own hind legs and “stand in the light” of the new paradigm of Direct and Reciprocal Monetary Gifting long enough to perceive it.

JB: Unfortunately, perhaps, Craig I don’t know of any large global firm which worry’s much about debt, since so much of it disappears into investors in the form of stock. Bank debt, for example, is for consumers & non-incorporated firms, which in the US can generally walk away from with a formal bankruptcy. Two years later they’re on their way legally in most cases.

Me: Yes, well those large global firms still would need to compete with the small to medium sized corporations who would be able to under sell them with a 50% discount/rebate at the point of retail sale which would make that and other new paradigm policies “an offer even those with global reach could not refuse”. And any line of credit they may need would be better coming from a publicly administered banking system that could offer them such at 0% interest.

RL: Calgacus, Compare the history of Europe under unbridled nationalism in the first half of the 20th century and the peace and prosperity of Europe in the second half and you’ll understand why your advocacy of nationalism is nonsense. Those who forget history are condemned to repeat it. Those who forget how Europe gained the reputation for being “The Dark Continent (The mass killing field of the world), would not advocate your position. Europeans as nationalist are mass killers. When I studied European history 1952-1965 that was the history we learned. What makes you think that Europe as a bunch of nations won’t revert to old habits. Europe does not have a history of freedom and justice that the nasty
EU EZ is perverting. Its all we can do to keep the Europeans from committing mass murder.

Me: Robert,

You make excellent and historically accurate points, but there is nothing like the stable prosperity that a new monetary and economic paradigm would effect to make the demagogues and xenophobes crawl back under the rocks they came from and that would also break through upon the ensconced positions of the financial elites.

Monetary Gifting: A Win/Win/Win Phenomenon

Posted by chdwr

The third most important insight of the new monetary and economic paradigm is the realization that the retail point of Finance is one’s monthly automobile, insurance, mortgage or other big ticket item’s payment, and the 50% Discount/Rebate policy applied there means even the banks whose “product” of Debt has up until now always been a wholly exterior and additional very costly parasite on the rest of the economic process…now with monetary gifting actually gets integrated into that process in a beneficial and irresistible way. How? By amending the FED’s charter in order to mandate that they rebate/gift the bank 50% of everyone’s monthly debt contract. So with the 50% Discount/Rebate at both consumer retail sale and financial retail sale as well its a win for the consumer, the regular consumer merchant and also the banks. In other words its a win/win/win.

By the way the most important insight is that the concept behind every historical paradigm change has always been an aspect or aspects of the natural philosophical concept of grace which means all one has to do to implement a paradigm change…is find the relevant aspect of grace and apply it to the system, body of knowledge or area of human endeavor and voila!…paradigm change.

The second most important insight is that changing the monetary and economic paradigm with grace as in Gifting integrates spirituality into economics because its the greatest opportunity to illicit/self actualize grace as in gratitude.

The fourth most important insight is that retail sale is the single inherently macro-economic point in the entire economic process because macro-economics is about aggregates and the aggregate as in everyone must and does have to participate in retail sale makes its effect macro-economic.

The fifth most important insight is the powerfully resolving and beneficial effect of the 50% Discount/Rebate at regular consumer item(s) at retail sale itself.

Posted To Nick Cook’s Substack Newsletter 03/25/2026

Posted by chdwr

A great post as always. What you’re actually describing is the process of paradigm/pattern change itself which is a process toward a thirdness greater oneness of the evolution of truth, of applicability and progress in a system, body of knowledge or area of human endeavor…and occasionally of multiples of such patterns, what I refer to as mega-paradigm changes and especially, especially if one of the changes in such a mega change is serendipitous as in surprising because it apparently has no relation to the problem under analysis…at all.

And this is why I would like to suggest that perhaps one of the key thing the cosmos is trying to awaken us to is the necessity of a change in the monetary and economic paradigm where Strategic Monetary Gifting breaks up the present monopoly paradigm for the creation and distribution of all new money which is the enforcement that new money can only be Debt while it also resolves the anomalies that economic theory has unsuccessfully been plagued by, mostly because of the refusal, hidden agenda or acculturated inability to look at and see that a paradigm change in this area is screamingly urgent. This monopolistic paradigm has been in force for the entire history of human civilization, and because money is the very tool of temporal universe actions…or inability to act if Finance, which wields this paradigm, deems one or the entire society uncreditable…so again its WAAAY over due for paradigm change.

Finally, serendipitously, integrating Monetary Gifting into the monopoly paradigm of Debt Only with a reciprocal policy of a gift of a 50% Discount of the price of virtually everything at retail sale (which everyone must and does participate in) and a rebate back to the merchant granting it to the consumer…makes the merchant whole on their entire price…and the serendipitous nature of this is it creates a temporal universe system that evokes gratitude for a gift instead of an economy that is a continual occasion for frustration, anger and cynicism. Pardon, but visualize it and the entire policy program in my book Wisdomics-Gracenomics Here: https://www.amazon.com/Wisdomics-Gracenomics-New-Monetary-Paradigm-Policies-ebook/dp/B0C49B9PX7/ref=monarch_sidesheet_image

Posted To Ann Pettifor’s Substack Newsletter 03/18/2026

Posted by chdwr

Thats why I suggest that central banks’ charters be amended to enable them to create and distribute the rebate aspect of a 50% Discount/Rebate policy at both regular consumer retail sale and also at the point of Finance’s retail sale which is one’s monthly mortgage, automobile, insurance or other big ticket item. What are the effects of such policies? Well, that means that EVERY INDIVIDUAL AS IN AGGREGATIVE/MACRO_ECONOMIC EFFECT could get $100 worth of groceries for $50 which transforms chronic erosive inflation into not only painless, but joyous price and asset deflation…and the merchant gets their full price with the rebate that the central bank gives them for the discounts they gave to the consumer…so everyone is happy. Now do the same at the point of Financial retail sale and the $500k house that the consumer goes to Finance the $250k remaining balance after the regular consumer 50% Discount/Rebate has been applied means that the central bank pays the bank 50% of the monthly payment on that $250k loan…so the consumer gets a $500k house for the equivalent payment on a $125k loan.

There are numerous other regulatory policies that can also be applied to stabilize the paradigmatic monetary and economic effects of this single policy in the entire program of what I refer to as Wisdomics-Gracenomics, but the above mathematical and temporal universe effects are staggeringly real, and just as a kicker they also effect continual debt jubilee instead of just a one-off form of same but just lets Finance go right back to dominating everyone with their monopoly paradigm for the creation and distribution of all new money AKA Debt ONLY. And finally, this policy enables us, if we’re smart enough and wise enough, to create the greatest opportunity to self actualize gratitude for a GIFT since meditation and prayer because of a price/discount and money/rebate for both agents at retail sale…and you don’t even have to chant the right words or thank the right deity to receive it, all you have to do is go to the store and buy something. In other words its the very first integration of spirituality and economics/a temporal universe system…EVER.

Systemic analysis? Very good. Conceptual/Paradigmatic analysis? Essential, if you want lasting systemic change instead of merely palliative/temporary/gameable effects. Integrate the two and they can result in the Hegelian trinitarian effect of a thirdness greater oneness of a problematic duality.

[ (thesis x antithesis = synthesis} ]

The biggest thing about the new monetary paradigm of Strategic Gifting actually and serendipitously has nothing whatsoever to do with economics or money, but rather that it would create the very first temporal universe system, which everyone must and does participate in, that would elicit and self actualize gratitude which is a powerful and transformative experience and aspect of the natural philosophical concept of grace.

You want a simplification that creates dramatic change? Make the fruits of the concept of grace your own reality SIMPLY BY PARTICIPATING IN A UNIVERSALLY REQUIRED ACTIVITY LIKE GOING TO THE STORE TO BUY SOMETHING because graciousness is the ultimate wisdom and both wisdom insights and paradigm changes are deep resolving simplicities.

Steve Hummel 03/19/2026

Narrative Of Speech To Students

Posted by chdwr

Please listen up. I’m about to show you how you can reduce your student debt by at least 50% and get $2000 worth of purchasing power every month when you reach 18 years of age for the rest of your life. Ignore any of the nay sayers or terminally orthodox who are simply unconscious of the current way money is created and just as unconscious of how that must change in order to usher in secure monetary abundance for everyone.

So let me demonstrate the two policies that will make what I just said the reality for everyone. Can I have two of you come here and stand next to each other? Okay, You’re the retail merchant and you’re the consumer…and I’m the central bank whose two present mandates are to control inflation and promote employment. So here’s the first policy: a 50+% Discount/Rebate at retail sale. Okay so you Mr. Consumer you go and buy $100 worth of groceries and at check out the merchant gives you a 50% Discount. Then you Mr. Merchant you do what all merchants do when they post to their Sales Account except this is their Sales Discounts Account…they send me, the central bank, that account and I rebate back to the merchant every cent of the discounts they have given their consumers making them whole on their entire price. Its elementary accounting/double entry bookkeeping.

So Mr. Consumer how much did you pay for your $100 worth of groceries? $50 Thats right. And you Mr. Merchant how much money did you get for your $100 worth of merchandise? $100 Thats right.

Now, lets apply this policy with you buying a $60k EV and a $500k house and you being both the merchant and the Bank. Okay you go and agree to buy a $60k EV and the car dealer reduces his price to $30k…and then when you go to Finance you sign a contract to pay for $30k…But wait! What is the retail point of Finance? That’s right its your monthly automobile, insurance, mortgage or other big ticket item’s monthly payment…and the 50% Discount/Rebate policy is implemented there as well, so you pay for 50% of that total amount…and I, the central bank rebate the other 50% of that monthly payment back to the bank. So lets do the demo on those two points of the 50% Discount/Rebate policy. $60k discounted to $30k and merchant receives the other $30k from me, then $30k monthly payment is say $800 but you only pay $400/mo. because I pay the bank $400 every month so you get that $60k EV for the equivalent monthly payment of a $15k loan. And the same thing occurs when you buy a $500k house which is the equivalent monthly payment of a $125k loan. Yipee! Both consumer and merchant are happy and the economy potentially doubes in size so its good all the way around.

Now lets get to the next policy, the $1000/mo. universal dividend you get at age 18 and for your entire life. With that $1000 and the 50% Discount/Rebate at retail sale you can purchase $2000/mo. worth of goods and services…for life! And if you borrow to pay your tuition you’re payment is cut in half again exactly like with the EV or mortgage. Do the calculations of the purchase and finance of your tuition:

So you could pay for your college education and still have enough money to take your squeeze out to dinner and an ice cream cone a couple of times a week while you’re going to school. Nice huh?

Lots of other beneficial policies that resolve the rest of the economy’s problems and answer every objection I’ve ever heard with real world rebuttals here: https://www.amazon.com/dp/B0C49B9PX7

Speech Outline About The New Monetary and Economic Paradigm

Posted by chdwr

Pre-lims: Please keep in mind these basics:

Virtually all new money is created with the tool of double entry bookkeeping also known as Accounting…and this not the problem.

When you want to build a skyscraper or a robust monetary and economic system you need the right tools and the best, strongest and most long lasting infrastructure.

The present framework of “Free” Market Theoretics is largely a fetisized misnomer for what it actually enforces which is complete and total freedom which in the human universe is a delusion because of the little thing called ethics. You can’t walk into a theater and yell “Fire!” and you shouldn’t allow a delusional economic body of thought to be enforced on everyone by Finance and by a captured government…especially if it ignores the necessity of enforcing the rationality that is ethics. This honest look at “free” market theoretics exposes why attempts to fix problems in the economy…has not worked basically since forever. “Greed flation” and other deleterious and unethical commercial and speculative actions are given permission to destabilize the economy because of this generally unrecognized problem. But the truth is, human freedom exists only within known and enforceable barriers…and when you create a true thirdness greater oneness, like the paradigm changing policies of Wisdomics-Gracenomics does, it not only keeps agents’ ethics in it actually greatly increases the freedom…within those barriers. Addendum: Ethics is the rational consideration of mere moralism.

Duality is about identifying and affirming problems, that is scientific analysis, and trinity is about indentifying and applying systemic solutions, that is, conceptual/paradigmatic analysis…and we need both types of analysis, but failing to include the latter will generally blunt one’s ability to see entire pattern solutions by examining the concepts/ideas that underlie and enforce systemic realities, which is what paradigmatic analysis is…and paradigm changes actually do. And so again, without trinitarian/conceptual/paradigmatic analysis you’re left with only palliative reforms at best…but with Wisdom/Trinitarian insights, which have always been associated with “the third resolving way”, your analysis is in fact deeper and more resolving.

All monopolies are exclusionary, anti-competitive and dominating, and hence they inhibit freedom, innovation and progress, and hence cannot be ethically or economiclly justified. Also, monopolies generally parade themselves as necessary orthodoxies and solutions and so are false and negative trinities. For instance, the last monopoly paradigm we effectively dealt with was the Roman Catholic Churches Salvation Via Roman Catholic Sacraments ONLY…and the word ONLY designates it as a monopoly paradigm which led to The Reformation.

The current monetary and economic paradigm: 1) Has been in continual effect since the first day of human civilization 2) Has been enforced no matter whether by the Palace/Government or by Private Banking 3) Is a generally agreed upon very anomalous/problematic paradigm and 4) Is also a monopoly paradigm known as Debt ONLY as the sole form and vehicle for the creation and distribution of virtually all new money. What we need is a Monetary and Economic Reformation.

Here is probably the most important realization one can have in considering the new monetary and economic paradigm or in considering both systemic or personal problems: The concept behind and beneficial effects of every historical paradigm change has always been an aspect or aspects of the natural philosophical concept of grace. That is, grace as in unity/oneness, abundance, resolution, integration/synthesis, a new and higher state of personal consciousness/realization as well as a permanent and progressive inversion of temporal universe realities and increased freedom/freeness, like for instance grace as in Gifting/The Free Gift…which brings us to the new monetary and economic paradigm which can be described as Grace As In Strategic Monetary Gifting.

What I’m not advocating: I’m not advocating making everything completely free which would simply be replacing one monopoly paradigm with another monopoly paradigm of Gifting ONLY. I’m for effectively integrating Monetary Gifting into the present monopoly paradigm of Debt ONLY so as to break up and remedy its anomalies and create a thirdness greater oneness and progressive unity of economics and the money system.

I’m also not advocating for either socialism or laissez-faire capitalism, but to the thirdness greater oneness I refer to as a Wisdomics-Gracenomics.

So here is the primary policy of Wisdomics-Gracenomics, and a few of the additional stabilizing and re-inforcing policies of the new paradigm:

A 50+% Discount/Rebate policy at the several points of retail sale (regular consumer retail, financial retail (one’s automobile, insurance, mortgage or other big ticket item’s monthly payment) and a lesser percentage discount at commercial retail from one commercial agent to another on the route toward consumer retail sale
A reasonable universal dividend available at age 18 for life based on everyone’s cultural heritage over the last several centuries of increased technological productivity and innovation of $1000+/mo.
An available job guarantee for anyone desiring employment
A back up Public Banking system that will guarantee creditable individuals credit (virtually everyone with the policies above) if the private banks will not abide by the resolving and stabilizing policies of the new paradigm
Making the Discount/Rebate at retail sale permanently at least 52% while allowing enterprise to increase their profit margins by 2% per annum, and indexing the same Discount to an honest and accurate rate of monthly inflation over the 2% allowance, and taxing any revenues garnered via “greed flationary” actions at a rate of at least 100%. Finally, all present and traditional discounts must be kept and computed first before the final 52%+ is applied to final price. There will be no gaming greedflationary diminshment to this policy by commercial agents who benefit just as much if not more so than the individual agent
Creation of a new Government Department of Competition, Innovation, Potential Boycotting and The Individual’s Bully Pulpit which would have at least monthly press conferences that would expose transgressions of the policies of the new monetary and economic paradigm
A sliding scale percentage “tax” of Gifted money/purchasing power in lieu of actual income tax, required to be invested in Eco-Energy R & D bonds at an attractive rate of 5-6%
The 50+% Discount/Rebate at retail sale policy will include all sales taxes thereby aiding and undoubtedly increasing non-sovereign state, local and municipal governments collect such taxes
One of the additional beneficial effects of the combination of the retail Discount/Rebate, the Universal Dividend and job guarantee policies is their combined purchasing power lifts every adult above the poverty level and hence there will be no need for the payroll taxes that both individuals and enterprise pay for welfare and unemployment insurance
Creating a Wisdom Counsel above the legal counsel of the Supreme Court, that would decide the rational/ethical effects/implications of the decisions of The Supreme Court, based on the many relevant aspects of the natural philosophical concept of grace as in the active temporal universe expression of love.