- Equity Jubilee. Rather than *Just* wiping all debts, any firm which has accrued debts, can opt into a program to bankrupt themselves. They are compelled to issue shares in order to compensate those they owe debts to, these shares are then given to their creditors, and as a compensation method to non-endebted citizen households for what you are about to do to the currency. QE is employed to pay back Capital to the banks to pay off the debts of households up to an amount, this numble could and probably should be experimented with, and should cover non-business debt, such as credit cards. Citizens who did not endebt themselves recieve equities from the bailed companies, to the approximate amount of those bailed out meaning that net, the standing of citizens has not changed relative to one another. The main costs to this solutions would be to existing share holders of companies would have their proportinal amount of shares reduced, but this would represent the would be the net cost of investing in semi-failed businesses. Banks would also take a hit, along with financial firms. The QE if, done only by 1 country would damage the countries exchange rate to others, relative to their own inflationary measures.
- Helicopter Jubilee. Same thing as a the Equity Jubilee but with pure cash. Likely to inflate the economy silly though. (see friedmans helicopter money) The costs paid here will more heavily rake the exchange rate along with anyone holding pure cash savings.
