Where modern macro went wrong is in not realizing that private finance’s monopolistic money creating power….is post retail sale and hence illegitimate….because the actual economic/productive process ends precisely and definitively AT retail sale. And as a public national bank can more economically do everything good that private banks can do (and a hell of a lot less harm than they have continually done for the last 5000 years) such a banking system guided by the abundant, benevolent and gifting concept of grace….seems to be the way for macroeconomics to right and reverse its seeming inabilities to bring stability and continuing prosperity to the economy and the discipline.