November 26, 2014
WHICH IS WHAT WE SHOULD HAVE DONE:
We should cash-bomb the people - not the banks (Simon Jenkins, 26 November 2014, The Guardian)
Abandon helicopters. Use bombers. Bomb Germany, France, Italy, Greece, the entire eurozone. Bomb them with banknotes, cash, anything to boost demand. The money must go straight to households, not to banks.
Imagine if all that bailout/stimulus money had just been used to pay down mortgages and educational debt?
Posted by Orrin Judd at November 26, 2014 4:20 PM
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