This economical system was revealed to me by the demiurge, so I call it Archon.
There are many variations of this system, so I spent some time thinking which variation would be best for USA.
The basic principle of a system is that new created money isn't given exclusively through loans and increasing debt, but is printed and distributed to population.
Printing money is necessary to keep economy going, but right now all new printed money ends up in either banks as debt or in government budget.
Banks and governments can't be trusted, so the newly created money is mostly wasted.
However, under archon system, newly created money doesn't go to either government or bank. It goes directly to citizens.
Currently in USA, banks print bunch of money and basically borrow it to government and other people. So most of the newly created money is ironically the debt. So new money creation, despite being crucial for economy, raises debt each time when done.
So it's essentially a debt driven economy, economy which couldn't even function without debt because it's a primary way of creating new money.
So I spent some time thinking which version of Archon system would fix USA.
I used to have this idea that 50% of newly created money goes to citizens, 50% goes to government to reduce budget deficit. However, this idea only works if government is competent, and government in USA couldn't be less competent.
So then I decided that 100% of newly printed money goes to citizens.
That seems like the only decentralized money creation solution which won't be corrupted by banks or government, or by anyone because it doesnt have centralized power to corrupt it.
But then I went a step further. Maybe all citizens being owners of newly created money is a positive idea, but there could be a better one. What if newly created money was distributed to citizens below certain poverty line? That way, someone who is a billionaire would get 0 and someone who is actually poor would get more.
Government would still be funded by taxes, but tax revenue would increase because citizens would have more money to spend, businesses would profit more due to increased demand and thus more businesses would open to meet demand and thus also increase supply.
The advantage of this system is perfectly clear. Its decentralized new money creation, instead of centralized.
Why should newly created money go to banks who will turn it into debt, or the government who will waste it in corruption? Newly created money should go directly to citizens, as opposed to being introduced to them as debt.