Posted To A Steve Keen YouTube Video 01/07/2026

Deficits funded by treasuries are simply a way of making the world safe (kinda) for the private banks and the oligarchs, and of course re-inforces the wielding of their de-stabilizing monopoly paradigm for the creation and distribution of all new money which is Debt Only. If instead our existing public bank, the FED, simply funded the Treasury’s deficit without bonds and also the policies of

1) a 50+% Discount/Rebate at retail sale which would create beneficial price and asset deflation and

2) a reasonable monthly universal dividend then the money system and economy would be tremendously democratized, stabilized and synergized as much money in the hands of the individual accompanied by price deflation is the very definition of “good economic times”. Then,

3) allow commercial agents to increase their prices at a rate of 3% per annum while making the retail discount at least 53% and

4) also index the discount percentage to an accurate assessment of monthly actual inflation and

5) tax any commercial agent’s revenue garnered from inflation above 3% per annum at a rate of at least 100%, and finally

6) require that a sliding scale percent of gifted money/purchasing power be invested in Eco-Energy R & D bonds at a rate of 5-6% which would mitigate consumption while creating a gift of investment as its funded out of a gift of purchasing power created by the retail discount policy.

Strategic Gifting: The new monetary paradigm.

So here’s the process of the 50% Discount/Rebate at retail sale: Every retail enterprise gets an account with the central bank so when they agree to reduce the price of virtually every one of their goods and services by 50% the central bank can rebate the entirety of their retail sales discounts back to them making them whole on their entire price. Voila! Beneficial price and asset deflation so if you make $50k you can now potentially purchase $100k of goods and services. Then, you make the retail discount permanently 53% and allow enterprise to raise their prices 3% per annum and tax any further increases in prices at a rate of at least 100%. You also index the retail discount to an accurate and honest monthly rate of inflation including for food and petroleum so if the monthly rate of inflation is 5% the retail discount is 55%. Then, you implement say a $1000/mo. universal dividend to everyone 18 and older and have every adult register for an account at the central bank. That way with the 50% Discount/Rebate policy every adult has $24k/yr. of purchasing power for life…and you can eliminate the payroll taxes for welfare and unemployment insurance. Finally, as the retail point of Finance is one’s auto, insurance, mortgage or other big ticket item monthly payment you enable either the bank or the central bank to create 50% of those monthly payments including half of the escrow payments so you buy a $500k house at retail sale for $250k and if your monthly mortgage payment is say $2000…you only have to pay $1000/mo. And the kicker is the banks actually make more profit…because with the above policies virtually EVERYONE is creditable.

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