2 ms·

Sure, but it has to get into the hands of the public somehow.

• pjc50 12y ago
  Throw the trillion-dollar coin out of the President's helicopter. More seriously, there is a huge number of useful things it could be spent on that would free up cash for consumer spending and investment. It's just that too many people in public life regard other people's poverty as "morally improving".
  • harryh 12y ago
    Indeed as I said before: "Certainly (as you hint at) the government can also implement fiscal policies in addition to the Fed's monetary policies but few people believe that fiscal policies can be effective on their own."