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Title: Why not Quantitative easing for the middle class? Post by: cuddaloreappu on February 01, 2015, 06:02:51 AM Instead of printing money and giving it to the banks and the 1% , why cant the money printers handle that money directly in the hands of the middle class..
Sure they will go out and buy stuff and that will stimulate economy far better than the super rich driven trickle down economics. Title: Re: Why not Quantitative easing for the middle class? Post by: gadman2 on February 01, 2015, 06:05:33 AM Why not become socialist?
Title: Re: Why not Quantitative easing for the middle class? Post by: (oYo) on February 02, 2015, 07:41:40 AM That's crazy talk. I suppose you want the rich and corporations to actually pay their taxes too, huh? ::)
Title: Re: Why not Quantitative easing for the middle class? Post by: Lethn on February 02, 2015, 08:12:28 AM Money printing destroys the middle class, if you knew anything about how currencies work you'd realise why money printing in any form is a bad idea.
Title: Re: Why not Quantitative easing for the middle class? Post by: cuddaloreappu on February 02, 2015, 10:29:51 AM I accept money printing is bad idea, but since it is done any way, I just want to sayvatleast let it be given to the middle class
Title: Re: Why not Quantitative easing for the middle class? Post by: Lethn on February 02, 2015, 01:22:51 PM Even if your idea were to be done in a country the end result would still be the same, money printing destroys wealth, it doesn't create it, the supply of currency shouldn't be messed with after it's been created or at the very least should increase at a predictable rate like some cryptocurrencies do.
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