The money would be created as needed—like central banks are doing today. In the system as it exists they must use debt to create that money. So the central government issues debt to fund these emergency programs for financial aid, and the central bank has money printed for it to use to buy that debt. In my paradigm the money is created without debt. Unlike the existing system, my paradigm has ‘automatic’ built-in safeguards against future inflation that the current system does not have.