We ran a 65-year counterfactual on US monetary data. A locked total-market equity account funded by seigniorage beats median retirement outcomes by 2-3x across every cohort tested.

We constructed an annual dataset from 1960–2025 (FRED M2, BEA GDP, BLS CPI-U, Damodaran S&P 500 total returns) and applied a simple formula: what if new money creation was routed into locked per-citizen equity accounts instead of into bank balance sheets? The deposits come from seigniorage; the value created when new money enters the economy, currently captured by banks through fractional reserve lending. Under the framework that value routes instead into locked per-citizen equity accounts. At 2025 parameters: $2,250 at birth (K1) plus roughly $576 per citizen per year at launch tied to real GDP growth (K2), scaling upward annually as the economy grows. Combined that's approximately 0.89% of M2 annually, no taxation and no new government spending line. **Edit** The central finding: across four cohorts born 1960–1990, the counterfactual Stable Floor at retirement exceeds the median American's actual retirement account balance of approximately $95,000 by roughly 7x in today's dollars or 2.21x to 3.21x when compared against the broader benchmark including DB pension wealth. Monte Carlo resampling of the historical joint distribution (10,000 paths per cohort) shows the P50 advantage holds across all configurations. The honest finding: roughly 5.7-28.4% of simulated histories produce outcomes below the median actual benchmark depending on cohort, it's not a guaranteed outcome. The practical takeaway for individual investors: the framework isn't law, but the mechanic is replicable today. Open a custodial account for a child, deposit $2,500, add $100/month into VTI or FSKAX, and don't touch it for 65 years. The structural advantage isn't the monetary theory; it's universal participation, locking, and zero behavioral leakage. That's something any investor can build manually right now. Full paper with replication code: [https://ssrn.com/abstract=6735078](https://ssrn.com/abstract=6735078) Happy to answer questions on methodology.