I see most of the same problems you see in markets, but everything changes, if the profit motive in markets is removed. We saw it once before, when 4Tn per month was issued in the US. (that is a lot, even for 300 million people). We saw oil prices go negative, with also the only ever positive spike of recovery in the environment, and shares in bankrupt but still loved companies go up, whilst the dollar itself even went up, and gold and other capital languished. Folk were trading with their free money (Using the Robinhood App), literally voting on the things they thought were valuable, with no interest in profit. The big whale investors quit the markets at the time, led by Warrent Buffet, who claimed "Something had gone wrong with money". Some courts in the US changed the law to allow trading in bankrupt stocks to continue, because they knew it was rescuing a lot of companies that should be rescued. Hertz was amongst the rescued. I would say right there we saw the only glimpse of actual fine-grained democracy, ever. By rights those companies should now be publicly owned, and the free money should have continued.

But of course neither of those things resulted, instead it is never talked about, and the person who made it happen, the president of the US at the time is now banned / cancelled. Isn't that interesting?

To me that was a quick fix, almost instant. No reason why it couldn't happen again, if we saw a way to justify the money being issued for free. And we can, even do that, if we all see how it works.

https://eric-bott.medium.com/kardashev-money-is-the-future-8b8ad772772