Quote:
Originally Posted by Return2FL
The idea is very interesting but it begs the question, what is money if it can be had in exchange for nothing?
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Money in exchange for nothing has been going on for a very long time, it has just been more easily obscured and it has gone into the pockets of the very few.
Helicopter money is an intelligent response to the messes we've acquired, which manifest as inflated currency value (and persistent trade deficits), and low consumer demand. Printing money debt free would lower the US$ exchange value, close the trade deficit, and increase inflation, real wages, and domestic real investment.
Should have been done years ago.