Loading ...re The Fed should use its asset-purchase tools.
Comment:
These buffoons would be better off just giving the money in weekly paychecks to people earning under $30,000 a year. They would spend it. Or give it to people with big credit card balances to pay down the debt.
Another option, my favorite, put $100 bills in with the circulars, rubber stamp them: “Not to be deposited, saved or invested, for spending only” and put an expiration date on them.
Production of goods is so efficient with robotics etc, TPTB will NEED all the under paid and high debt people.
There is talk lately that the gov’t will eventually have to just give people a minimum weekly salary.
A made a post many years ago about….What if one man had a machine that produced all our needs. WE could all retire.