It’s actually quite a good proposal, although it will need a discount mechanism to catch and control any price inflation from naturally occurring. Where reforms like basic income guarantees and MMT go wrong is in thinking that inflation will not occur so long as productive capacity is still below its peak…whatever that peak actually is??? In fact price inflation will inevitably occur….simply because it can because businesses seeing additional demand is available in many if not most cases…will inflate in the attempt to profit. The economy is mammon and a leviathan no less than is government. The only way to prevent/reverse inflation is to utilize the macro-economic discount mechanism at the precise point where all costs for any product/service are terminally summed namely at retail sale to an individual. As all costs are summed at this point no enterprise can be harmed by the discount…as it is fully rebated back to retailers. Also, as it is a macro-economic device, that is it is derived from aggregate numbers, combined with it causing no harm to any enterprise means it (the discount percentage) could be a percentage that eliminated most or all of total costs over and above the cost of original finance…in other words all interest, all inflation, all profit, all savings and any additional costs of re-investment of profit or savings. This may well create a huge ability to save, but of course savings, unlike debt and especially mountainous debt, are in the control of the individual so how can they be a problem? And the savings of businesses will simply greatly reduce their dependence on borrowing. Savings are proactively win-win. All other aspects and functions within the economy including investment will undoubtedly still have relatively minor things about them that may need additional regulation. I, and social crediters generally, have never said that social credit is the solution to ALL economic problems….only that it is the solution to its most basic and problematic ones. Pull the weed out by its root it dies and the ground around it is also disrupted. When a neurotic resolves his/her major conflict it is a well known and observed fact that many of their attending behavioral symptoms also disappear and/or tend to dissipate. Human systems are reflections of human beings and reflective of human psychology both negative and positive.