Larger deficits means the government spends more than it taxes = growth!
The bad News? Governments around the world think that in paying down their deficits they are protecting their most valuable asset being their children from having to pay off the deficits. Truth being that the next generation will do as we do, add to an account and debit from an account. It is impossible for them to be paying off our government debt.
Government ministers are not required to understand how sovereign banking works, but we think they should be required to do just that.
As you can tell we really do need your help more than ever to stop the madness that is causing so much misery around the world for so many people. Governments will not admit that they are any different than a normal household BUT they very clearly are since they are the only body that can spend money into existence which is a major role of government in our opinion, to spend more than is being taxed as is necessary, and without causing undue inflation. When inflation ignites, then you TAX and raise interest rates but if you have no inflation you should spend more than you tax.
The system we propose for a future in which there is very little employment available needs a change in the law to allow the government to bring money in to existence that is not debt for use as a basic guaranteed income because we believe that technology driven soft and hard bots,, automation and robots will be and are proving to be the preferred unwaged labour for business leaving steadily rising numbers of people without waged labour