Answer: It’s “too expensive” and it will cause inflation.
So if we can drastically reduce the cost of finance and prevent inflation in the consumer economy we can proceed with everything beneficial so far as infrastructure, sane environmental and ecological policy and monetary abundance for all economic agents.
And that is precisely what the four tenets of Wisdomics-Gracenomics accomplish with:
- A new monetary authority and a publicly administered national banking system including the central bank that do not require profit for them to exist.
- A universal dividend policy distributing $750-1000/mo. to everyone 18 and older.
- A 50% Discount/Rebate policy implemented at the point of retail sale that not only eliminates the possibility of inflation, but integrates price deflation painlessly and beneficially into profit making economic systems.
- Changing the new ending point for the legitimate economic/productive process for “big ticket” consumer items like houses and autos etc. from retail sale to the point of note making so that such note can be further reduced by 50%. Thus a $200k house is reduced to a $100k note at retail sale where all profit making enterprise has been duly compensated and at the signing of the note is then graciously reduced again to $50k.