She is correct for about a month once a generation

Why we need to debunk the 'deficit myth'


Stephanie Kelton, the lone wolf on government controlled liquidity. It has to work once in a blue moon because we use her technique every generation to devalue.  That is her main point, central banking can be considered a devaluation/revaluation alternation. But the adjustments do not come every year, they come twice a generation.

My suggestion is to segment a portion of the budget as funded with inflation taxes under Treasury contract. A two percent inflation tax renewed every 15 years, but feel free to change the ratio and be ready debate the issue during devaluation negotiations.