BK: As manufacturing of everything shifts more & more to China, the Chinese are going to have a problem – how will the West make any money to buy Chinese products with? I find myself wondering if the West will soon find itself dependent on China for a yen-based UBI variant…

Me: More likely that with AI manufacturing can more easily return to the US and the West fortifying and diversifying their economies, and then with Strategic Monetary Gifting in the forms of UBI and the 50% Discount/Rebate policy at retail sale demand/purchasing power will not diminish and the real problem behind economics, namely the dominating monopoly paradigm for the creation and distribution of new money which is Debt Only and which has been wielded by Private Finance since forever…will tend to “wither away”.

BK: You think the Chinese aren’t employing AI or robots already?

Me: Sure they are but not to the point of general AI, and even if you’d get half the loss of demand of full general AI it would be disasterous economically. All the more reason to act now to integrate the new monetary paradigm of Strategic Monetary Gifting into the present monopoly paradigm of Debt Only. You’re not going to stop technology and there is an historical solution after all that creates and enables true progress…and we know what that is even if we’re obsessed with problems and/or terminally cynical: Private and even government finance must yield their present monopoly paradigm of Debt Only as the sole form and vehicle for the creation and distribution of all new money.