Beside the “debt” misperception of government money creation the additional unperceived problem with it is its indirectness to the individual. In other words its a gift of money to the private COMMERCIAL sector when it also needs to be DIRECT to the individual. If the government gave the individual a 50% gift of price at retail sale you’d simultaneously double everyone’s purchasing power while implementing beneficial price and asset DEFLATION. That orthodoxy busting inversion of temporal universe and human mental reality is a classic signature of historical paradigm changes.

Now humans not being an entirely rational or ethical species you’ll want to slap a no nonsense 100% tax on any fake “free” market tactic like “greedflation” and any other illegitimate price rise without an actual increase in costs, and do a couple other things to protect the individual from “free” market theoretics like indexing the retail discount to actual inflation so that if inflation is 2-3%/mo. the discount becomes 52-53%. Another smart thing to do would be to declare “null and void” any attempt to leverage up currency speculators in order for them to short the currency, and to make such wildly anti-social actions a felony with a mandatory sentence of 20+ years. These are completely doable things, especially if you’ve priorly lined the pockets of every individual and commercial agent with a monetary gift.

We don’t need no stinkin’ economics, we need a Wisdomics-Gracenomics, an APPLIED philosophical/paradighmatic economics.

A central bank is a necessary institution simply because private banks cannot resist destabilizing greed and innovative new forms of same with things like MBS, CDS, Synthetic CDS etc. Its charter is to “foster the economic goals of maximum employment and price stability” but they’re really just the handmaiden of the private banks in normal times and their bail bondsman when they inevitably fuck up.

The 50% Discount/Rebate policy at retail sale accomplishes the FEDS mandate above in spades, and with a handful of related regulations would accomplish a monetary paradigm change. Yes it is that simple when you find the correct operant new concept and apply it strategically.

Thinking and acting paradigmatically is too simple for the intellectual vanities of the erudite and the cynics, but historically too world changing to entire systems and patterns to be denied.