Posted To Steve Keen’s Patreon Page 12/04/2017

First off the ideas of a modern debt jubilee and QE for the people are definitely the correct direction to go, but they’re incomplete and one-off. We need an additional monetary policy that is directly tied to the pricing system that would enable a substantial reduction in consumer and asset prices and that yet did not undercut the profitability of enterprise. This would accomplish a true integration of macro and microeconomics and establish a new pattern that, aligned with that new pattern, further regulation of the economy in general and Finance in particular could immensely stabilize profit making systems

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