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The traditional way to inject money directly to citizens is the government hiring them to do work. Sometimes this is public works, sometimes this is hiring peo
by Consultant32452 7y ago
The traditional way to inject money directly to citizens is the government hiring them to do work. Sometimes this is public works, sometimes this is hiring people who join the military. I have no idea what the govt job numbers look like, but I do know we're debt spending at incredible rates.
- Mikeb85 7y agoWhen interest rates are this low it doesn't make sense to not borrow money...
- raducu 7y agoEspecially if you buy high-yield bonds with those borrowed money knowing the rating agencies are a joke and the people issuing the bonds hold the central banks hostage, lest their default tanks the economy. Or use the money to buy back stocks, knowing that all your privileged buddies are doing the same, and if central banks would dare to raise interest rates you wouldn't be able to repay those loans, again holding the economy hostage with your scheme.
- stazz1 7y agoWow, "holding the economy hostage," i think you nailed it on the head.
- deleted 7y ago[deleted]