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A lot of economists are freaked out about the effect quantitative easing might have on our economy going forward. But even the highest, recklessly dangerous lev
by kobeya 9y ago
A lot of economists are freaked out about the effect quantitative easing might have on our economy going forward. But even the highest, recklessly dangerous levels of QE3, that only amounted to about $1,500/yr for each US citizen. BI people are advocating for 10x that, for the smallest proposals under consideration.
It's not the mechanism, it's the scale of it.