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Well, thats what mainstream (neo Keynsians) have advised and has not worked. Quantitaive easing just shuffles financial assets. What is needed, is a fiscal pol
by raincom 12y ago
Well, thats what mainstream (neo Keynsians) have advised and has not worked. Quantitaive easing just shuffles financial assets.
What is needed, is a fiscal policy--and this leads to basic income, basic employment. The only constraints are "real" resources.
- nine_k 12y agoThe funny thing is that I mentioned throwing money off helicopters ironically, but probably it was lost for the downvoters. I suspect this was Poe's law in action; some of the current fiscal policies are so contrived that it's hard to tell theonion-style sarcasm from the real thing.