Excellent exegesis Ellen. I suggest two policies that will resolve both chronic austerity of individual demand and fund the research on resolving the energy/ecology problem you mention.

First, yes once again the 50% Discount/Rebate at regular consumer retaail sale and also at the retail point of Finance, namely one’s monthly mortgage, automobile, insurance or other big ticket item’s payment all funded by the central bank. This doubles everyone’s purchasing power for consumer goods and quadruples it on debt taken on. Resolves individual austerity of demand, transforms chronic inflation into beneficial price and asset deflation and yet every merchant gets their full price with the rebate aspect of the problem.

Secondly, implement a sliding scale required “tax” of gifted purchasing power into Eco-Energy R & D treasury bonds at a rate of 5-6%, IOW a GIFT of a guaranteed investment into searching for ways to resolve those issues you also identified. It mitigates the great increase in consumption wrought by the 50% Discount/Rebate somewhat while motivating rational action toward the Eco-Energy problem. I would include the hunt for quantum/zero point energy as the ultimate direction to go. Nick Cook has suggested a breakthrough may have happened on such here: https://www.casimir.inc/tech?utm_source=substack&utm_medium=email