Posted To Steve Keen’s Substck Podcast 03/23/2024

A “modern debt jubilee” is a great idea, but limiting it to a one off after which you let Finance re-establish its dominant paradigm of Debt Only for another 30-40 years transforms it into the merest of palliatives. Make debt jubilee a continuous aspect of the economy with a 50% Gift of interest to the banks/50% debt jubilee to the borrower at point of loan signing. Just make the accounting work for the individual instead of the banks and their lackies.

The greatest opportunity to self actualize gratitude since meditation and prayer.

“Small acts, when multiplied by millions of people, can transform the world” – Howard Zinn

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