Thank you for reading and for the compliment. I'm not an expert in finance, but as it happens I have read somewhere recently an article about how the expansion of supplies of money have had that effect.

In my proposed paradigm the money in the form of the "permanent QE" would go directly to people in the form of income, so it would not contribute to the supply of debt. It would not contribute much to speculative investment, either, since it would be a sufficient income, but no more.

The economic lives of 'regular people would be even further divorced from the lives of the wealthy, but the dependence of 'regular people' on wealthier people for a sufficient income, either directly in the form of a job or indirectly via taxes through government, would be severed. Owners of businesses would be forced by their need for minimum-pay employees to use benefits to compete for them.