Quote:
Originally Posted by Paul Markham
It will never happen. So why post it?
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This just shows how ignorant you are Paul - you're obviously also one who thinks the financial crisis ended in 2009. Of course it will happen, in one way or another. The very fact that these are coming up for discussion is again proof of direction and if Janet Yellen, Bill Gross and Ray Dalio see it coming, I'm more inclined to believe them.
Now it could take the form of increased benefits or it could take the form of tax rebates or it could take the form of some under the carpet scheme which is less visible, but it WILL be done and I'm certain that the more knowledgeable on here will concur.
As I said before since QE and NIRP are proven failures. It is now the only option left of the table now for central bankers to boost growth and get inflation off the floor. If its not another round of QE then we're looking at helicopter money:
https://www.theguardian.com/business...than-you-think
Janet Yellen: Helicopter money is an option in extreme situations - Jun. 16, 2016
Janus's Bill Gross: 'Helicopter money' is coming in a year or so | Reuters
‘Helicopter money’ on the horizon, says Ray Dalio - FT.com
Naturally, I dont blame you for saying that. Its so out of the ordinary and unheard of, but let's see if you can answer this question for me:
Question: Why can't the government just give us money every month instead of us working for money?
Answer: There's no reason. It just hasn't happened before because income is supposed to reward productivity.