Yes the need and the solution IS about accounting, a supplemental monetary accounting that strategically implemented at the single macro-economic/aggregative as in universally participated in point in the entire economic process (retail sale) single handedly resolves several of the deepest problems of modern economies.

That accounting/policy is a 50% Discount (credit)/Rebate (debit), again at retail sale. And even the beginning algebra student can understand it because its -5 + 5 = 0. In other words the merchant grants the consumer a 50% discount on virtually every product or service and the monetary authority rebates every cent of that/those purchases back to the merchant. The effect is a 100% increase in the individual’s purchasing power/potential demand for every enterpise’s goods and services while simultaneously implementing BENEFICIAL price and asset DEFLATION ($100 of potatos for $50, and a $500k house for $250k. Repeat the operation at point of loan signing where the bank is gifted 50% of the total interest on a loan in return for a 50% reduction in the principle and the consumer gets a $500k house for only $125k. So by your own analysis the rate of increase of the biggest underlying historical problem of the continual increase in private debt is reduced by 75%. Other policies that prevent the worst cheating/gaming of the new paradigm stabilize it.

New paradigms are deep resolving single applied concepts that are always in complete conceptual opposition to the current anomalous paradigm in this case Debt Only to Direct and Reciprocal Monetary Gifting.

Thank you non-Nobel Prize committe in economics.