Double edged sword between the Fed and Congress

My MMT plan for the millennials involves a long term default plan between an independent non profit Fed and Congress. The long term contract imposes a rule. The rule is deposits and loans traded from a risk adjusted representative sample. And bounded currency risk.

The first part is double edged, it require Congress to allow government agencies direct access to fed accounts. Congress can over rule at any time, they wont. It is efficiency generating in the agencies, gives Congress a much clearer view, and dump 8 Trillion in default cash into the market over 15 years.

It is a great deal, all around, we capture about half of that 2.5% inflation in efficiency gains, left with an inflation residual of 1%, half better than Nixon. Our goals met, ice melting minimized in a politically neutral manner. MMT is coming, there is zero evidence that the millennials will pass this deal up. This is exactly the Friedman/Bernanke heli drop solution. It is pure banking theory complete with sparse spectral components. It is exactly what we have done every generation. Instead of impulse response, we get Wiener trend, a brownian motion forward with constrained variance.

Our generational boundary is the right to coin. That inherently proves the Bernanke/Friedman heli theory. The generations exchange that right with certain quantization losses, partially recovered.  Spectral theory tells us there exists a mis-sampling, in transaction space, due to he uncertainty of death. If we want a natural currency banker, we have to have constitutional change. It is not worth it, the bots cash flow accounting can handle the death thing nicely and create a better, but not perfect, overlap.