Monday, November 21, 2011

Give Everyone A Million Bucks ?

Just did some cold calling on behalf of the Ron Paul campaign. Came across a guy who identified himself as a Democrat. He suggested what I made the headline.
The magnitude maybe exaggerated, but really, if the Fed can print up 2 trillion and hand it to the government, why not take that 2 trillion and cut every taxpayer a check for $20,000 Dollars ?
If the Fed would have done just that, would the economy still be in the hole ? Would there be any "danger" of deflation ?

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