Posted To Steve Keen’s Podcast 06/28/2025

Lets have the Bancor. Thats a very good idea. But that just makes things better for the banks and the wealthy commercial agents. Integrate a new monetary paradigm of Gifting into the Debt Only system for the creation and distribution of NEW money WITH THE CENTRAL BANK CREATING IT WITH EQUAL DEBITS AND CREDITS AT THE POINT OF RETAIL SALE WITH A 50% DISCOUNT/REBATE POLICY…and the long neglected and dominated individual’s purchasing power doubles, you implement beneficial price and asset deflation and enable the greatest opportunity to self actualize gratitude for a gift even more so than with meditation and prayer…because EVERYONE participates in retail sale and you don’t even have to chant the right god’s name.

Lastly regulate the secondary market so Finance does not take leave of its moorings with “innovation” like in 2008 and you not only have a mega-paradigm change to the money system and the economy you take a gigantic leap away from the current zietgeist of Power toward a new zeitgeist of Grace as in Redeemed/Redemptive Power.

Leave a comment