Helicopter Drop of Cash on Main Street Necessary, Says Council on Foreign Relations
- By : JanssenReportHost
- Category : Global Economy
Today on The Janssen Report (#70): article appearing in the Foreign Affairs journal of the Council on Foreign Relations explains why central banks should print less money but give more directly to the people.
Although this sounds great (free cash for everyone!), this is hardly a structural solution to the enormous problem of debt, market bubbles, currency debasement and the economic downturn.
View this episode of The Janssen Report here:
Links to sources:
– Time to Rain Money on Main Street
– Council on Foreign Relations
Cheers,
Marco Janssen