Even if one doesn’t want to confront the fact of modern economies being cost inflationary due to their creating more costs/prices than individual incomes as a flow, the host of other factors diminishing individual incomes like globalization, financialization, innovation and artificial intelligence are ever more rapidly doing exactly the same. Before we have a spate of chaos and war severely rhyming with the 20th century in the 21st century where modern weaponry puts everyone’s personal safety and every businesses productive capacity in doubt…..someone has to put their finger on the chest of the financial authorities and say:
“It’s over.” We’re going to repair and re-build our national infrastructures, establish systemically equilibrating and individually freeing monetary policies that end our obviously disequilibrated economies and break up your monopolistic dominance in order to make you join the community of other business models in a cooperative and safe future…..and these multiple millions of people in the street agree with me.”