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Problem is that I suspect you wouldn't get the majority to vote for that at the Fed.

Be nice to America. Or we'll bring democracy to your country.
by Drew J Jones (pedobear@pennstatefootball.com) on Sat Feb 9th, 2013 at 08:07:00 AM EST
[ Parent ]
Even Kaletsky is falling prey to the money drop delusion.

What you need is monetization of fiscal policy!

Of course, you're not likely to get a majority for that in Congress either. The Fed is more likely to be accomodating than the congresscritters.

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS

by Carrie (migeru at eurotrib dot com) on Sat Feb 9th, 2013 at 08:45:35 AM EST
[ Parent ]
It's undoubtedly the case you couldn't get it through Congress.  With the Fed, there's at least a possibility.

Be nice to America. Or we'll bring democracy to your country.
by Drew J Jones (pedobear@pennstatefootball.com) on Sat Feb 9th, 2013 at 08:54:55 AM EST
[ Parent ]

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