Posted To Steve Keen and Phil Dobbie’s Podcast 07/03/2026

Its too damned expensive unless you integrate Strategic Monetary Gifting into the present Debt Only paradigm for the creation and distribution of all new money with a 50% Discount/Rebate policy at regular consumer goods retail sale and also the retail point of Finance the effect of which out libertarianism’s libertarians because it implements deflation but without the pain and suffering they so blithely overlook. It also out profitabilities the capitalist because the 50% reduction in the price of virtually everything doubles the potential demand for every one of enterprise’s goods and services. Lastly, it out socialism’s the socialists because it mathematically doubles every individual’s purchasing power hence effecting universal economic democracy. Add in philosophically aligned policies like UBI or UHBI before AI causes a disaster. Finally, add in a policy of a sliding scale required percentage of Gifted purchasing power to be “taxed” into 5-6% Eco-Energy R & D Treasury bonds IOW a gift of a guaranteed investment the effects of which would be to mitigate the additional consumption and fund both the off planeting of production to orbit and also the moon as well as hopefully finding a way to tap into quantum zero point energy…so Strategic Monetary Gifting becomes the way to hasten rationally dealing with the energy problem as well. Give everyone and every commercial agent an account at the central bank and mandate that they distribute the monies for the 50% Discount/Rebate etc. etc. and we’re on the way.

Finally, finally, cynicism is the modern acculturated intellectual disease of the erudite because it stops necessary and rational action before its even started while enabling them to appear “realistic”. At least adopt Antonio Gramsci’s attitude of “pessimism of the mind, optimism of the will.” That way you don’t kill action.

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