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Re:Decline in the labor share of income in the U.S. by tormeh on Friday October 23, 2015 @07:09AM (#10437853)
First, you're criticising fiscal stimulus in general, not helicopter drops in the original sense. Second, creating inflation is very beneficial when current inflation is below target. That's the point. Third, inflation harms holders of money, not those that have no money. It thus incentivizes spending and investment, which is why we have above-zero inflationary targets. Yes, hyperinflation is bad - which is why helicopter drops have to be used in moderation. But then again, that's true of almost anything in politics and life in general, so I don't see why that's relevant.
Re:Decline in the labor share of income in the U.S. by tsotha on Saturday October 24, 2015 @12:13AM (#10442404)
>Second, creating inflation is very beneficial when current inflation is below target.

That's not a blanket truth. Inflation is good if you don't have savings. It's bad if you do.