Thread:Comments:June jobs report shows rising US unemployment, economic outlook worsens/Reflation, the Wise Compromise/reply (2)

Not passing judgment on the merits or demerits of the idea &mdash;

The answer to the first half of your question seems perfectly clear: How does one grant money without creating debt? By fiat. Say the money is there, and it's there. (Back in the day, we'd talk about "printing more money", but most money isn't in physical form these days anyway.) On the second half of the question, it is perhaps worth noting that anything at all we do for our economy affects our trade/world value, one way or another.