The is a great introduction to the problem of debt-based money. It's not just an US problem - to the best of my knowledge, every country operates this way. However, if the Treasury reclaims the authority to issue sovereign currency and spends it in concentrated areas, the Cantillon effect will still cause negative consequences. The best solution is to distribute the new money as Unconditional Basic Income (UBI) so that every citizen gets a share of the growth in the US economy. americanunion.substack.…