Nothing makes me happier than when a Central Bank starts printing money to force economic growth. “UNWAVERING DETERMINATION TO END DEFLATION” http://www.vox.com/2014/10/31/7137041/japan-monetary-policy
Conversation
Notices
-
Charles Roth MPC (encycl@vox.a2c3.co)'s status on Saturday, 01-Nov-2014 02:17:02 UTC Charles Roth MPC -
Charles Roth MPC (encycl@vox.a2c3.co)'s status on Saturday, 01-Nov-2014 02:18:37 UTC Charles Roth MPC Ben Bernanke himself famously argued years ago that a central bank should never run out of tools for fighting deflation and depression because, as a last resort, it could always drop cash out of helicopters. That would be fun to watch, obviously, but mailing checks would be a lot simpler. And even though it sounds a little insane, it becomes a more and more compelling idea the more you think about it.
http://vox.a2c3.co/url/534
-