I'm with everything you're saying except, "Whatever the government borrows to spend into the economy, represents, basically, a subsidy to businesses and rich folk, which is why we will always have deficits, because deficits represent a wealth transfer to the 1 percent."

At 0% or negative real interest rates, how is this the case? At best, isn't it a wash for the wealthy and an influx of cash for the proles?