[steveitis]

Inflation is currently controlled by adjusting the amount of new money printed to back up loans given to large banks.

Instead of printing new money in this way, we could just give the new money directly to the citizens.

Quick napkin math shows that every person in the US would have gotten a check every year all the way back to the 30's (some years smaller than others), without needing to raise taxes at all. In fact cancelling some of the welfare programs made unnecessary by this system would likely result in lower taxes.

Loans would be more expensive, but more expensive loans seems like a small price to pay for basically ending homelessness and hunger.