​ @profstevekeen  Give every commercial agent (and every individual one as well) an account at the central bank and then have the central bank implement the rebate aspect of a 50% Discount/Rebate policy at regular consumer retail sale AND at the retail point of Finance which is everyone’s mortgage, automobile, insurance or other big ticket item. That way $100 worth of groceries only costs $50, and a $500k house costs only $250k and yet the central bank also pays for half of your mortgage payment every month so you get that $500k house for the equivalent of a $125k loan. Voila! Beneficial price and asset deflation, everyone’s purchasing power is doubled or quadrupled, The Quantity Theory of Money is invalidated and everyone can (if they’re smart enough) consciously self actualize gratitude for a gift by buying something instead of feeling frustration and anger because since the beginning of economics the monopoly paradigm of money creation has always been Debt ONLY. Strategic Monetary Gifting…the new monetary and economic paradigm.

And by the way that policy is pure double entry bookkeeping…except the central bank doesn’t have to be in positive financial equity. And its also not only “a modern debt jubilee” its not just a one-off debt jubilee, but a continuous one.