Comment by rustcleaner

4 days ago

If we ban the FED from conjuring new Dollars for buying debt and securities, and the only way fresh printed Dollars enter circulation is if apportioned to every citizen equally (debt-free), then we could have all these nice things again. Companies and rich people would need to cater to the populace in order to rake in the inflationbux and pay their taxes. Right now only governments, big businesses, and big asset owners get first spend on inflationbux, and it has resulted in we the people having only 1/3rd the purchasing power for the Dollar earned in wages as we had in 1960!

My TradingView (Yearly) model for the phenomenon: 23.05*10^12/M2SL*A4102C1Q027SBEA/(USPOP*CIVPART/100*(1-UNRATE/100))

A4102C1Q027SBEA is total US wages/salaries,

A4102C1Q027SBEA/(USPOP*CIVPART/100*(1-UNRATE/100)) attempts to get a rough average of individual wage/salary,

23.05*10^12/M2SL normalizes the time series to today's Dollar value (in M2 terms).