Posted To Steve Keen’s Podcast 06/09/2024

Skip all of the falderal of trying to square things in the economy when the monetary and financial paradigm dominates everything and enforces its anomalies on the system. Instead throw off that chaotic game of musical chairs by using equal debits and credits to reduce the cost to the individual by 50% at retail sale and reduce the cost of whatever big ticket items purchased and was already reduced by 50%…by another 50% with a debt jubilee policy at point of loan signing. Thats the end of debt deflation, chronic price and asset inflation and then, instead of everyone having to deal with the frustrations that a monopoly paradigm enforces, gratitude for such gifting gets self actualized daily for everyone and a better world emerges. Sure you need to have some additional carrot and stick regulations that are aligned with the new paradigm concept, but what else is new. But do something truly resolving, beneficial and effective…in the most problematic area of “money, debt and banks”. Or was Copernicus not onto something?

Leave a comment