Re:More Than 40% of Student Borrowers Aren’t Making Payments
by Nihilartikel on Wednesday April 06, 2016 @08:14PM
(#11443516)
You can't inject wealth into the system at the demand side like that! The rabble will spend it all on natty ice and chalupas! Gotta give it to the job creators!
Re:More Than 40% of Student Borrowers Aren’t Making Payments
by chadzawistowski on Wednesday April 06, 2016 @09:16PM
(#11443887)
"QE for the people" is essentially just Basic Income.
Re:More Than 40% of Student Borrowers Aren’t Making Payments
by dv_dt on Thursday April 07, 2016 @06:19PM
(#11451151)
Sort of:
Just this morning Ray Dalio commented in an interview on problems with Fed controls via interest rates or injecting money via QE, vs times when the economy might respond better to 'helicopter money' or injecting money directly to the people.
http://www.marketplace.org/2016/04/06/world/economy-debt-cyc...
I'm reading further than the Dalio comments, but if one were to implement Basic income with some ratio of "helicopter" injection selectable by the Fed, it would give the Fed another control pedal to better manage the economy. In particular, when investment level injection is just circulating among the financial circles and not making it down to the main street economy which cycles money with buying and selling of more real goods.
/s