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Re: ArtieB post# 16532

Thursday, 11/05/2015 8:25:20 PM

Thursday, November 05, 2015 8:25:20 PM

Post# of 39190
It stands to reason that if 70% of the US economy is based on consumption, then a direct monetary financialization of the US economy, or helicopter drop in the words of Milton Friedman would be a valid and serious consideration once the alternatives have been exhausted. i.e. QE and ZIRP. If we go to NIRP then money paid directly to the American citizen would seem inevitable maybe even logical.