First Politician To Embrace This Policy Changes Everything and Becomes An Historical Figure
Why? Because we the consumers of the USA are a 200 million strong voting force, Finance is maybe a couple hundred thousand and the old politicl saw that people vote their pocketbooks is as true as it ever was.
That policy is a 50% Discount to the price of virtually everything at retail sale, all of which discounts are rebated back to the merchant granting it to the consumer by the central bank. Voila! Everyone’s purchasing power is mathematically doubled and even quadrupled for big ticket items, chronic inflation is transformed into beneficial price and asset deflation and the politician gets memorialized as the guy (or gal) that not only saved us from worn out economic theories but also remedied the recent scary frustration and violence that threatens to cause a civil war by enabling the greatest opportunity to self actualize gratitude for a gift since meditation and prayer.
Somebody go for it!