The troika and every nation’s Banking and financial elites are attempting a super slo-mo deflation that is making all of us boiled frogs, nea dominated, manipulated and enslaved boiled frogs. The sane reaction and policy to this super slo-mo strategy is a rapid and gracious modern debt jubilee and its echoing and reflective policies of a universal dividend and a retail discount to prices that is fully rebated back to participating retail merchants. That resets the system, graciously provides the individual with the income that cost accounting’s conventions, innovation and AI are increasingly denying…both them and the system….and macro-economically equates total costs of consumption and total costs of production…all within a downsized bureaucracy and non-invasive profit making system where increased productivity due to technology and AI will actually enable price deflation and individual economic freedom, or in other words the very things Austrian, min-archist, libertarian AND leftist economists dream of doing…but never will because they’ve never bothered to look at the cost accounting data, done the the calculus regarding it and understood the conventions of cost accounting that enforce disequilibrium on the macro-economy.
Capitalism and socialism are dead. Long live Distributism!