Long time followers know our crush on Abundance Economics and how it has changed the core foundation of Economic Theory :scarcity. Pointed out by "recovering Washingtonian and heavily armed Bonobo" @Mark_Dow , the above link illustrates an old rant for us. The tax structure has been skewed in favor of capital and at a cost to employment. This has been a boon to the credit/technology super cycles. In the post crash denouement', this structure embeds the Structural Trap (not liquidity trap) and reduces Fed efficacy. Easy fix: shift the imbalance back and "Get Nominal"