What finally and thoroughly cuts The Gordian Knot that seemingly ties enforced monetary austerity to preventing inflation, and without having to resort to either sketchy liberal orthodoxy that significant inflation will not return after the debt overhang is severely reduced, or to equally sketchy conservative/libertarian orthodoxy about general equilibrium and its ability to quash the same.

This policy actually also overcomes what I refer to as “the tyranny of numbers and accounting identities”, and enables the full integration, thorough saturation and the full economic expression of the new monetary paradigm of Direct and Reciprocal Gifting.