Yes indeed, its the start of UBI…except its UBI still unconscious of the new monetary paradigm of Strategic Monetary Gifting. If you create money as a gift…you don’t have to pay (almost entirely only to the banks and the wealthy who don’t actually need an extra padding to their pockets) the interest on treasuries…so you end all of the delusion about “the national debt” which is actually a payment to the private sector…that adds to GDP and prevents us from forthrightly going into a recession…without it.

Now if instead you strategically implement monetary gifting at a point in the economic process THAT EVERYONE PARTICIPATES IN like retail sale with a 50% Discount/Rebate you transform chronic erosive inflation into beneficial deflation…just like libertarians would like to see happen…except they can’t get past Milton Friedman and The Quantity Theory of Money…which the new monetary paradigm policy of a 50% Discount/Rebate INVALIDATES.

What else does the new paradigm do? Well, if you pair the 50% Discount/Rebate with a reasonable $1000/mo. UBI a two person family would have $2000/mo that purchased $4000 worth of goods and services or $48000/yr. not including their job incomes. SO WHY WOULD WE NEED THE PAYROLL TAXES FOR WELFARE AND UNEMPLOYMENT INSURANCE??? So the new paradigm enables us to accomplish another libertarian goal which is eliminating government bureaucracy. DID YOU GET THAT MISH?

How’s this: If the US is monetarily sovereign, which it is, then, with the new paradigm policies above except to discourage negative behavior like “greedflation” etc. …why couldn’t we just create money as money…not debt and fund the government that way. Voila! Little or no personal or corporate taxation at all. I can out libertarian any libertarian…and out democrat any democrat at the same time. Why’s that? Because historically paradigm changes are resolving thirdnesses greater onenesses…of dueling opposing concepts like capitalism vs socialism. In this case its neither capitalism nor socialism…its Wisdomics-Gracenomics.

All new money is created by double entry bookkeeping. Not my opinion just a fact. Mandate that the central bank create the money simply as money and NOT DEBT like now and do the double entry bookeeping of equal debits and credits that sum to zero for everything at its point of retail sale so $100 of groceries only costs the consumer $50 and the central bank rebates the $50 worth of discounts back to the merchant so they get their full price of $100. $60k EV only costs $30k and then your loan payment is the retail point of Finance so the central bank pays for 50% of your loan payment so you get a $60k EV for the equivalent payment of a $15k loan. $500k house is discounted twice so you only pay the equivalent of a $125k loan. Everybody gets their full price, the market for virtually everything is doubled or even quadrupled and everyeconomic agent individual and commercial is happy, happy, happy. Don’t be a dipstick and look at it. Especially if you’re a libertarian or socialist…because it makes both of those utterly opposed theorists very happy.