Apr 2, 2021
Outside QE, all money (legal tender) is created via debt. Money (as income) is needed to repay debt. We are learning that debt increases faster than income does.
We need to have money created without debt systematically. QE creates money without debt, but it is haphazard, not systematic.
There is a way to systematically create money without debt. If curious, it is summarized in "Same Economy, Way Better Outcomes for Society" (here in Medium).