Its amazing to me that people like yourself, Steve Keen, Michael Hudson and MMTers en masse have preached the truth about money creation and the pols still are ignorant and/or so intimidated by the banks that they refuse to act on that fact to create a far greater economy than we’ve ever had. Thats a clear indication that we have an oligarchy not democracy and that Finance is the head of that oligarchy.

Has anyone here researched a movement started between the world wars called Social Credit? It was C. H. Douglas who first said that money was most basically accounting. His compensated retail price policy would have been a great reform. Unfortunately Keynesian macro was the fall back strategy for Finance to Social Credit after it was obvious that government money creation was the only way to keep the debt dominated private economy working after the great depression, and to create armaments until they came out our ears in order to win WW II.

In my book I have taken Douglas’ retail policy which was minimal and intended to merely match the inflation rate, and made it into a paradigm changing policy all by itself by making the percentage much higher (50%). Amongst numerous other accounting policies and regulations I’ve innovated an additional policy at point of loan signing which is a gift of 50% of the interest to the bank on the already 50% discounted price at retail in exchange for a 50% debt jubilee for the borrower. With these two policies alone everyone’s purchasing power for regular consumer goods is doubled, and on the cost of “big ticket” items like autos and houses it would enable people to purchase a $500k house for $125k and a $60k EV for $15k. https://www.amazon.com/Wisdomics-Gracenomics-New-Monetary-Paradigm-Policies/dp/B08X7MZ4KH/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1552358772&sr=1-1-catcorr