There is a way to at least get some slack against the big banks and their control of the currency.It would require one candidate to be a risk taking LEADER. Sanders could take it, but I'm afraid so could Trump! Now is the time to push hard into the political system the idea of a "Greenback Restoration." Since the Crash America is in protracted civilian austerity, repeatedly relapsing toward recession. Roughly 120 million middle income Americans (and 45 million poor) suffered severe losses in pay and home value. Republicans and Democrats passed phony “Recovery” acts that failed utterly to restore us. We 165 million Americans are still insecure, angrily waiting for our restoration!
A Presidential leader can order the Treasury to create greenbacks, electronically only, like the $ trillions created by the Federal Reserve and “quantitatively eased” (QE) into the gambling banks. Those $ trillions never got to consumers for them to inflate consumer prices. Never once, during QE, has the CP index risen to a troublesome level. Let Fox TV and the Republican “Freedom Caucus” of Congress, constipated by Kochs’ Institutes and PACs for National Debt Terrorism, whine about usurpation! Let them sue all the way to the Supreme Court that Republicans gridlocked by refusing to consider a Scalia replacement!
“Ooooh! You can’t just give people free stuff or money!” I’m not arguing that. Make us work for it. Paid work is ennobling at living wages. Blamelessly, many Americans can no longer be privately, profitably, productive! So find government - payable work, at living wages, for infrastructure maintenance, Universal Day Care, Health and Respite care assistants, etc. maybe second jobs for a family. Greenbacks can be paid out slowly for such jobs, with even a legitimate debt pay-off set-aside. They can also be merely deposited (without investment in government bonds) just to top off allegedly "insolvent" entitlement funds like Social Security, and Medicare. Current National Debt accounting rules are maintained by the Executive branch (Treasury Department.) They’re not Holy Writ!
Let American governments hire a few million people at decent wages and tax those wages! Hires will buy some stuff, pay their legitimate debts and taxes; the taxes will “trickle around,” up through local governments and down into services. Property values will rise slowly, and many will have a future again!