First, it greatly reduces the money needed to purchase both the wants and needs of individuals. This of course would enable them to purchase more with less and also to reduce the amounts and the terms of any money they would need to borrow in order to purchase “big ticket” items like automobiles and homes. The same thing applies to businesses as the combination of increased income available to spend that the Dividend would make a continual reality and the increased sales made available by the greatly reduced prices would translate into more profits and a resultant much reduced need for additional finance for ongoing operations and/or expansion for those businesses. It’s all upside for the consumer and the traditional goods and services business entities of the economy.

It is a large downsizing in the consumer financial market for Banks which being almost 70% of GDP means an incredible wringing out of profit in the form of interest which considering its extreme volume is largely a parasitic adhesion we would be better off without. There is no reason Banking would not be profitable, it would simply take its proper and smaller place in the overall economy…and not only no longer be the dominating and manipulating force it obviously has become in each separate nation, but also no longer be the nexus, the lynch pin at the heart of international instability and so the covert actor/collaborator in geo-political imperial “necessities”.