Posted To Steve Keen’s youtube Channel 10/22/2016

The turn over of money in the system does not resolve the problem that the rate of flow of total costs/prices inherently exceeds the rate of total individual incomes. The only way to resolve that deeper problem is a continuous direct payment to the individual. And the way to avoid asset inflation in particular and a continuous upward movement of the lower bound of costs, i.e. systemic cost inflation, is the implementation of a discount to the retail product of every industry that is rebated back to them by a monetary authority with the mandate of distributing the monies for both of those policies.


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