First, thank you for a positive initial response. Those have been rare (but are becoming less so).

The money is created as needed. It is free. (It contributes — as currency — to the money supply of the economy.) It can be thought of as a permanent 'quantitative easing' for people (rather than big financial firms like banks, insurance companies and hedge funds). To anticipate: there are built-in safeguards against inflation. (This is a fully developed concept that I have been working on for a while, not something I came up with this morning.)