Posted To Steve Keen’s Podcast 08/31/24

What you want is abundant monetary and hence stable free economic flowingness. Of course, a 50% Discount/Rebate policy at retail sale accomplishes this in spades because it doubles everyone’s purchasing power while simultaneously ending inflation by implementing beneficial price and asset deflation.

Economics and “free” market theoretics is virtually the only human system that believes in TOTAL freedom which is a fallacy, a delusion and a complete misnomer. In the human universe ethics (which is the rational consideration of morals) are essential. There is only freedom amongst known and enforceable barriers.

“Free” market theoretics is actually alternately goosed and strangled dominating financial chaos because the banks who “own the joint” are able to wield and threaten with their monopoly paradigm of debt Only as the sole form and vehicle for the creation and distribution of new money. They are also allowed to “innovate” such destabilizing speculative nonsense like MBS, CDS etc. and then they are the ones bailed out instead of the general populace.

Strategic Monetary Gifting ends this.

Leave a comment