As I wrote, I AGREE that the central bank performs governmental functions in that, to the extent that it takes part in ‘managing’ the economy, it makes decisions for the nation as a whole. Structurally, though, it is a private entity. That is a simple fact. I thought you were identifying that as a problem — with which I also agree.

A DDI is not a UBI. As I wrote, it would in fact provide the means to eliminate taxation.