Why not double everyone’s purchasing power and macro-economically implement beneficial price and asset deflation at the same time with a 50% discount to everyone at retail sale all of which is rebated back to the merchant with accounting debits and credits so they are made whole on their price? That might actually cause apoplexy to conservative and libertarian pundits. That way we won’t have to wait for them to go away “one funeral at a time”.
Monetary Gifts are their own reserves so no need to issue bonds to provide liquidity for the banks…because you’ve provided it directly to the individual at retail sale. Yes, provide them with bonds when the banks make loans, no harm, no fuss. The FED/Treasury are the handmaiden of the banks even though they are already dominant and the problematic area of the economy. We should by pass them as much as possible.
One of the biggest problems with economics and economic theory is its abstraction and indirectness of effect. Hence a new monetary paradigm of Direct and Reciprocal Monetary Gifting eludes them. Paradox, apparent logical absurdity and complete conceptual opposition to present orthodoxy have always been signatures of historical paradigm changes.
Another example of missing the obvious via abstraction and failing to look directly is that retail sale has been going on a billion times a day for centuries if not millenia right under our noses and yet no one ever saw the efficacy of utilizing accounting operations that sum to zero to monetarily resolve the civilization long trend of debt de-stabilizing economies, as well as other economic problem resolution. Except me, of course.