What monetary losses? Can the Fed just print the money and also index everyone's income and savings to inflation so real purchasing power stays stable no matter how volatile prices may get?

Would the world be better if we each did the work we wanted to see done, or worked for higher pay to pay others to do it?

How about an electric Silverado with removable back glass so I can sleep in the bed and crawl up to the cab without having to get out?

What if they worked because they wanted to and got paid more than my basic income so they could live a more expensive lifestyle that doesn't appeal to me?

What if they either subsidized or offered an inflation-indexed basic income generous enough for me to afford a Rivian that might fulfill my car-camping needs?

What if we can get the resources necessary to live on our own without needing quid pro quo trade with money? What if enclosure creates scarcity and dependence and the tragedy of privatization is far far worse than commons?

What if we can each do the work we want, aided by AI, without needing a boss or profit motive?

What if a rational determination of supply and demand is not possible, because arbitrary and capricious individuals use personal power to restrict supply or destroy demand at their whim?

Fischer Black in "Noise":

"Noise in the form of expectations that need not follow rational rules causes inflation to be what it is, at least in the absence of a gold standard or fixed exchange rates. Noise in the form of uncertainty about what relative prices would be with other exchange rates makes us think incorrectly that changes in exchange rates or inflation rates cause changes in trade or investment flows or economic activity. Most generally, noise makes it very difficult to test either practical or academic theories about the way that financial or economic markets work. We are forced to act largely in the dark."

"In my model of the international economy, changing relative prices become noise that makes it difficult to see that demand and supply conditions are largely independent of price levels and exchange rates."

"the slopes of demand and supply curves are so hard to estimate that they are essentially unobservable. Introspection seems as good a method as any in trying to estimate them. One major problem is that no matter how many variables we include in an econometric analysis, there always seem to be potentially important variables that we have omitted, possibly because they too are unobservable."

Why not capitalism with a strong basic income safety net, funded by printing or wealth funds, not taxes?

As for noisy prices, what if Fisher Black is right, that unregulated capitalism's prices are noisy too, not the rational calculation of supply vs. demand as maknstream econ fantasizes?

Do those same bureaucrats also enforce laws against free camping and drugs and trolling that affect me, thus I side with billionnaires against them? Are the referees worse?

How about "Towards An Understanding of the Real Effects and Costs of Inflation" by
Stanley Fischer & Franco Modigliani ( https://www.nber.org/papers/w0... )?

Did these two luminaries of the Economics discipline find anything other than "menu costs" as a downside, and can't that be easily automated away? If you keep track of prices in purchasing power units, will you even notice hyperinflation, if that is the arbitrary outcome of full indexation?

What if online trolling is my favorite thing to do other than sleep outside, but both have been taken from me by authoritarians? Why can't you legalize suicide so I don't have to become a criminal like my brother getting his horse tranquilizer on the dark web?

What if you just print money instead of taxing, and index incomes to price rises so everyone's real purchasing power is kept stable?

What happens to capitalism's efficiency if prices are noise (cf. another comment characterizing Nvidia's prices as "bogus")?

Where do your referees come from? Are they like Philosopher-Kings, i.e. nice in theory but not in practice?