issuance of debt by the United States. The President shall cause US Treasury debt to be issued or redeemed as necessary to facilitate control of the interest rate, but without regard to the level of spending or taxation. In order to promote the general welfare, the President shall, from time to time, and at his sole discretion, authorize the disbursement of funds to the governments of the several States, in proportion to their populations as determined in the most recent census. The Congress shall place no restrictions on the use of such funds by the States. Any portions of existing laws that contradict portions of this amendment are nullified, but other portions of such laws shall remain in effect until acted upon by the Congress. This amendment shall remain in force only so long as the United States is monetarily sovereign." I don't think it is a necessary condition for MMT-inspired policies to be pursued, although it would streamline the process. Mostly I think that to the extent that it got publicity, it would generate opportunities for wider public discussion of the 7 DIF. Fatal flaw? I'm having trouble getting past your assertion that "The US government is the issuer of the US dollar." The currency we use has printed on it "Federal Reserve Note" not "U.S. Treasury Note." My understanding is that the Federal Reserve is a private corporation, not an agency of the U.S. government. So, just as the states don't issue their own currency, and Greece doesn't