Posted (For The Umpteenth Time) To Mish Shedlock’s Blog 09/16/2024

50% Discount/Rebate policy at retail sale implements the libertarian wet dream of beneficial price and asset DEFLATION. Just do the simple 6th grade math and the simple but powerful accounting operations of equal debits and credits summing to zero. Toss in the 50% Gift to the Banks/Debt Jubilee policy at point of loan signing and we’ll be able to end Finance Capitalism and rejuvenate and ethically ascend Industrial Capitalism.

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