You can't give eveveryone a Job Guarantee™, because the only natural job guarantee is that your efforts benefit someone else. If your work is not productive someone else pays the cost, you wind up in a zero sum situation.
Also, I fail to see how such a system would mean interest rates remain at zero permanently, or how it ensures permanently low mortgages for interest rates to remain at zero permanently. Perhaps you can elaborate on the mechanism you envision when you talk about this.
You can't outlegalese network effects, all you can do is shift cost around. This is why these sorts of schemes always have unforseen negative consequences, because people naively think they've found a silver bullet. You probably have not.
You can't give eveveryone a Job Guarantee™, because the only natural job guarantee is that your efforts benefit someone else. If your work is not productive someone else pays the cost, you wind up in a zero sum situation.
Also, I fail to see how such a system would mean interest rates remain at zero permanently, or how it ensures permanently low mortgages for interest rates to remain at zero permanently. Perhaps you can elaborate on the mechanism you envision when you talk about this.
You can't outlegalese network effects, all you can do is shift cost around. This is why these sorts of schemes always have unforseen negative consequences, because people naively think they've found a silver bullet. You probably have not.