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A comment on One way to fight a coronavirus recession: $1k for every American. Parent comment
> Number 3) will cause significant inflation, so it will effectively be paid for by tax on cash savings.
Yeah, the same was said before QE was rolled about and it did not happen--as predicted Krugman and those that follow IS-LM models:
* https://krugman.blogs.nytimes.com/2015/02/12/qe-truthers/
* https://en.wikipedia.org/wiki/Zero_lower_bound
Stimulus now could be very useful, and 'helicopter money' is probably just as good as any other method:
* https://www.nytimes.com/2020/03/07/opinion/the-case-for-perm...
* https://archive.is/Z2TMK
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> Number 3) will cause significant inflation, so it will effectively be paid for by tax on cash savings.
Yeah, the same was said before QE was rolled about and it did not happen--as predicted Krugman and those that follow IS-LM models:
* https://krugman.blogs.nytimes.com/2015/02/12/qe-truthers/
* https://en.wikipedia.org/wiki/Zero_lower_bound
Stimulus now could be very useful, and 'helicopter money' is probably just as good as any other method:
* https://www.nytimes.com/2020/03/07/opinion/the-case-for-perm...
* https://archive.is/Z2TMK