Me: Demand has been chronically inadequate for the entire history of profit making economics because there has always been a conflict between merchant/producers and consumers. The serfdom will simply intensify with AI…unless we learn to think a new thought and intelligently integrate monetary GIFTING into the current financial monopoly paradigm concept of Debt ONLY for the creation and distribution of virtually all new money. My policy of a 50% Discount/Rebate at retail sale ends that conflict because it doubles the demand for every enterprise’s goods and services while simultaneously doubling the purchasing power of everyone and transforming chronic inflation into beneficial price and asset deflation. Do the simple algebra and accounting of the policy and realize that it also accomplishes the libertarian/austrian wet dream of deflation except the process doesn’t invoke pain, but rather gratitude for a gift. Think a new thought. It won’t kill you, only your non-paradigm perceiving rigid orthodoxies.

C: So the answer is to… Cut prices universally by 50% as a worldwide gift giving practice?

Me: Yes, but the central bank rebates the discount back to the merchant granting it to the consumer with money…not debt so the merchant is whole on their entire price. Its double entry bookeeping which is the way all new money is created…except its created as a gift of price and money instead of ONLY DEBT as now. Get it?

ET: The important thing to remember is that past a certain level of wealth there is no discernable hedonic difference, so the only way to continue feeling like your life is getting better is to grind everyone else down.

It’s all about comparison with humans.

Me: You’re describing a personal problem not an economic or monetary one so its an irrelevancy. However, the 50% Discount/Rebate policy actually addresses this problem also as it evokes gratitude instead of leaving open the idiot opportunity for “free” market theoretics to enable human problems instead of inhibiting same.

ET: Billionaires aren’t people?

Me: Billionaires have their own set of personal problems. So what? Billionaires will benefit from the policies in my book because they are integrative of opposing self interests. For instance my policies will probably enable bigger tax cuts for the wealthy than president Caligula’s attempts to do so, and without imposing more austerity on the rest of the populace and destabilizing the entire economy.