…or you could use double entry bookkeeping at the point of retail sale to reduce the price of a $500k house to $250k with a 50% Discount at that point…and then have the central bank rebate the $250k back to the home builder so their made whole on their entire price. THEN…because your monthly payment is the retail point of Finance the central bank pays 50% of your monthly payment so you’re actually getting a $500k house for the equivalent payment of a $125k loan.

So instead of (correctly) bitching about neo-classical theoretics ONLY and getting no place for various reasons like not dispensing with the mental framework of Debt ITSELF…you integrate a change in the nature of THE CONCEPT/PARADIGM of debt, resulting in doubling everybody’s purchasing power, avoiding any moral hazard because every merchant gets their full price, the market for $500k homes quadruples and you get to exploit the truest political truism that voters vote their pocket books and so we can get on to more important things like addressing the energy, ecology and climate problems.