If you can’t see that a 50% discount in price to the consumer at retail sale, every penny of which is rebated back to the merchant granting it to the consumer by the FED or the treasury is the absolute answer to inflation, then you’re either ignorant of accounting (even if you’re an MMT advocate) or can’t do elementary algebra (-50% of price + 50% of price = $0 in increased cost. And the new temporal universe reality is:
1) the consumer…(that is, EVERYBODY, AS IN A NEW MACRO-ECONOMIC INSIGHT REGARDING MONETARY POLICY BECAUSE OF THE SIGNIFICANCE OF THE POINT OF RETAIL SALE BEING THE ONLY AGGREGATIVE/UNIVERSALLY PARTICIPATED IN POINT IN THE ENTIRE ECONOMIC PROCESS) …gets a 100% increase in their purchasing power because
2) BENEFICIAL price and asset DEFLATION is the new economic reality and
3) if you’re a pol its the best policy choice for ALL of your constituents and a greater “third rail” than social security even has been if you oppose it.
MMTers unite! All you have to lose is all of the delusions and misunderstandings about money that MMT would like to see happen.