social credit theory

Social credit theory is an economic idea proposing that consumers should be compensated when they save money by reducing consumption, which benefits the overall economy. It suggests that, since increased savings decrease demand and may slow growth, the government or central banks should distribute “dividends” or income to citizens, encouraging spending and investment. Essentially, it's a way to maintain economic stability and growth by linking consumer income directly to the broader financial health of society, emphasizing the importance of balancing savings, consumption, and economic development.