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Posted To Stephanie Kelton’s Substack Newsletter 12/01/2024

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MMT is correct about the mechanics of money creation. However, its problem as well as every other present monetary theory left, right and center is, its a palliative instead of the paradigm change we urgently need to resolve the anomalies (chronic individual austerity, chronic erosive inflation and pissing and moaning about the seeming double bind modern economies struggle with, but never finding a resolution) of the present paradigm. In other words we need ACTION. ACTION, WE NEED CHANGE AND WE NEED IT REEEEAAAL FAST! Thats what a new paradigm, a new operant applied concept accomplishes.

The present paradigm is Debt Only as in the Burden to Repay/Debt as the Sole/Monopolistic Form and Vehicle for the Creation and Distribution of New Money.

A new paradigm requires an entire policy program because economics is complex and humanity is not an entirely rational or ethical species. However there IS a single policy that implemented mathematically resolves the above anomalies all by itself. That policy is a 50% Discount/Rebate at retail sale. This policy is the very expression of the new monetary paradigm (Direct and Reciprocal Monetary Gifting) and its point of implementation, (retail sale) is actually a new macro-economic insight as in the single aggregatively/universally participated in point in the entire economic process and hence is the perfect place to implement a monetary policy. Thank you non-Nobel prize committee for economics.

I’m sure a lot of people would say that a 50% Discount/Rebate at retail sale would cause way over consumption. Let me address this. First, doubling purchsing power does not ipso facto result in a 100% increase in consumption/economic through put. Not everyone is going to eat twice as much or buy twice as many hand bags or pairs of under wear as they did before. Second, most people will probably want to do what most do with additional income which is invest. This could be encouraged and rationally directed by the government creating 5-6% eco/energy & Infrastructure bonds. Third, on top of this being a smart thing to do voluntarily we could implement a sliding scale percentage of required investment of gifted money into these same bonds. A gift of investment is still a gift and so aligns with the new monetary paradigm. Fourth, amend the FED’s charter so their mandate goes from hand-maiden or bail bondsman of the banks to overseer/guarantoor of the planet’s future.

Posted To Marriane Williamson’s Substack Newsletter 11/06/2024

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At the bottom of the MAGA cult is long term grievance at the economic neglect/abuse by both parties since the 1970’s. That must end and the way to do that is to change the monetary paradigm with policies like a 50% Discount to the consumer at retail sale all of which discount is rebated back to the merchant granting it to the consumer. This mathematically doubles everyone’s purchasing power (you get $100 worth of grocries for $50) while slaying inflation by implementing beneficial price deflation. Add to this a gift to the banks of 50% of the interest on loans in return for a 50% reduction in principal and a $500k house is reduced to $250k at retail and $125k at point of loan signing. Likewise a $60k EV becomes $15k at loan signing. Finally, the true benefit of the new monetary paradigm of Gifting (an aspect of the natural philosophical concept of grace as in love in action which is the universally acknowledged highest spiritual value and experience) isn’t even an economic effect. Its the transformation of participating in the everyday universally participated in points of the economic process (retail sale & point of loan signing) from aggravating and painful experiences into the greatest opportunity to experience gratitude for a gift….since meditation and prayer. Visualize it.

These and other policies and regulations aligned with the concept of grace are in my book along with policies and rebuttals to questions regarding over consumption, hyperinflation, etc. Google Wisdomics-Gracenomics: The New Monetary Paradigm and Its Policies on Amazon.

Posted To Real World Economic Review Blog 10/18/2024

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The solution to inflation is way too easy for the intelectual vanities of the erudite. It is this: utilize the very same method that both banks and governments create money, namely equal debits and credits that sum to zero…and create it as gifted money at strategic points throughout the entire economic process…particularly at the points of retail sale and point of loan signing. A 50% Discount/Rebate policy at retail sale would end inflation by mathematically implementing beneficial price and asset deflation because $100 worth of groceries would only cost the consumer $50, a $60k EV only costs $30k and a $500k house only costs the consumer $250k. And of course with a 50% Gift of interest to the banks/50% Debt Jubilee for the consumer at point of loan signing that EV and house only costs the consumer $15k and $125k respectively.

Thank you non-nobel committee for this award for the discovering that retail sale is the single aggregative as in universally participated in point in the entire economic process and hence the perfect place for a monetary policy because it has immediate mathematically macro-economic effect.

Utilize equal debit and credit type carrot and stick regulatory and tax policies at exchange points throughout the entire economic process to prevent things like “greedflation”, and mitigate over consumption with a sliding scale of required investment of gifted money into 5-6% R & D eco/energy bonds and we’ll not only have economic abundance and free flowingness we can also have rational movement toward confronting climate change.

Posted To A Podcast on Steve Keen’s Substack Newsletter 10/12/2024

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Steve Keen is the smartest economist on the planet, however even though he talks about paradigm change he spends entirely too much time describing the problems in economics instead of finding ways to implement the precise new paradigm that will resolve the anomalies of the current one.

Here is a direct quote from him: “The reason neo-classical economics ignores money, debt and banks is because if they did they would have to admit that the money system de-stabilizes the economy.” A brilliant and exquisitely true insight…that he then fails to analyze and innovate policy for in order to resolve the problems he also accurately describes. Its a classic example of intellect getting in the way of paradigm change.

The key to paradigm change is recognizing that SIMPLICITY is the starting point of paradigm change. Paradigms are SINGLE OPERANT APPLIED CONCEPTS. They are Helio-Centrism instead of Geo-Centrism, Ethics/Self Awareness instead of the narcissistic “ethic” of Survival Only, Homesteading, Urbanization and Agriculture instead of Nomadic Hunting and Gathering, Having a Direct Relationship with Your God instead of Salvation Via Roman Catholic Sacraments Only and finally relavant to economics…Direct and Reciprocal Monetary Gifting instead of Debt Only As the Sole Form and Vehicle For The Creation and Distribution of New Money.

Find the way forward with directly effective operant policies that implement the new monetary and economic paradigm here: https://www.amazon.com/Wisdomics-Gracenomics-New-Monetary-Paradigm-Policies/dp/B08X7MZ4KH/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1552358772&sr=1-1-catcorr