The minds of libertarians and Austrians clamp shut too quickly…before they consider that a citizen’s dividend is only half of the component policy parts of the solution. The other half being the rebated back to merchants retail discount mechanism….which would not only prevent any inflation, but, it being a true macro-economic mechanism could actually be used to create proactive price deflation….even while creating truly adequate aggregate demand and hence a permanently good business and investment climate. Orthodox “thinking” is the bane of progress. Avoid it at all costs.

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An actual equilibrium between total individual incomes and total costs/prices has never been attained since the industrial revolution, hence the business cycle and the necessary delusions of  Dynamic Stochastic General Equilibrium as “immutable” orthodoxies to cover the hiding in plain sight dominance of the business model known as Finance. Socialist doctrine of course is no more effective and is historically less gracious and free than capitalism, but why not try a truly third and unifying alternative like the profit making theory of monetary Distributism known as Social Credit?  Short answer…ossified orthodox “thinking” and either ego involvement with one’s own beliefs or the deliciousness of money and power if you work or own in Finance. Break up your intellectual “fallow ground”. It might save you, your sons and daughters and if you’re a business owner, your productive facilities in the very likely historically rhyming war that follows long economic downturns.