Saturday, February 13, 2021

Unassignable government imbalance as a monetary base

 The estimated, and contracted, double spending to cover the unhedgeble constraints of government. That is where we get real inflation. It has a bound, just expense it and greese the wheels of government with it.

Renewable allowing the mechanism of government to hedge these costs, and gain some of that cash for their capitals. Tis plan follows the principle of central banking, keep government solvent.

The central bank can return some of that balance sheet, maybe think normalization. But the real effect is to get the fiats freed up from the business.

The contract may step up to full devaluation linear, letting some early incentive for the Senate and House to try real revenue sharing ex ante to the budget.

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