Thanks for the reply Rodger. A universal dividend payment of $1000/mo. (which combined with the 50% discount/rebate at retail sale gives every adult $24k/yr. of purchasing power and that would presto-change-o eliminate poverty) is another of the policies in my book so that strategy for gifted money also is a part of the program of changing the monetary paradigm. These two policies would enable us to eliminate the costs of payroll taxes that all businesses and every employed person pays for welfare and unemployment insurance.

The advantage of the 50% discount/rebate at retail sale is not only the doubling of everyone’s purchasing power, but that it mathematically ends inflation. (We’ve never had 50% y/o/y inflation let alone month on month) You’re right that inflation is caused by shortages, but there are several other ways that inflation occurs including what most recently has been identified as “greed” flation where corporate execs simply raise their profit margins which is not really a legitimate cost increase…its just something they can do…because there’s no policy to stop them. I suggest in my book that any price increase must be rigorously analyzed and that with the payroll and income taxes enabling greatly reduce costs, if corporations simply commit “greed” flation any revenue they garner from such would be taxed at a rate of 100%.

As for paying to borrow or with the monies distributed with the retail discount, in our digital age its not really that difficult a procedure. The COVID checks got quickly distributed. Basically, everyone gets an account at the central bank or whatever monetary authority is mandated to distribute gifted funds and like now when money is created you just utilize the accounting operations of equal debits and credits that sum to zero.