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Author Topic: ECB Chief Economist: toolbox is not empty, "helicopter money" is legit option  (Read 551 times)
LiteCoinGuy (OP)
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March 21, 2016, 04:35:28 PM
 #1

ECB Chief Economist: toolbox is not empty, "helicopter money" is legit option



markj113
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March 21, 2016, 04:39:01 PM
Last edit: March 21, 2016, 08:21:59 PM by markj113
 #2

The global economy is well and truly fucked.

If I get my share of helicopter money it will be going straight in to gold

LiteCoinGuy (OP)
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March 22, 2016, 04:41:10 PM
 #3

The global economy is well and truly fucked.

If I get my share of helicopter money it will be going straight in to gold



or some BTC & LTC Wink

randy8777
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March 22, 2016, 04:52:02 PM
 #4

The global economy is well and truly fucked.

If I get my share of helicopter money it will be going straight in to gold



or some BTC & LTC Wink

litecoin will be the last option when nothing else is possible anymore. my money will all be put into bitcoin only.
calkob
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March 22, 2016, 07:03:23 PM
 #5

The global economy is well and truly fucked.

If I get my share of helicopter money it will be going straight in to gold



Thats the problem the helicopter money is only to given to the elite,,,,,,, Smiley
Pab
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March 23, 2016, 01:49:28 AM
 #6

I think that man dont see that there is flood of helicopter money already together with tax and cost of life rising for ordinary people better catch helicopters and go away never comeback

 
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odolvlobo
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March 23, 2016, 06:34:33 PM
 #7

It has been done before. In 2001, the U.S. sent checks for $300 - $600 to every taxpayer.

Also, if it is going to happen, I think it is better to give the money directly to people rather to banks as it is currently done.

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March 23, 2016, 06:39:27 PM
 #8

Sounds good but I don't think it's going to happen.

LiteCoinGuy (OP)
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March 23, 2016, 06:54:45 PM
 #9

It has been done before. In 2001, the U.S. sent checks for $300 - $600 to every taxpayer.

Also, if it is going to happen, I think it is better to give the money directly to people rather to banks as it is currently done.

"Did they work as a counter-recession policy? The answer to that question depends in part on households’ propensity to consume out of the increased disposable income due to the rebates. Our survey-based research suggests that the spending rate was quite low compared to what many economists had expected."

http://taxfoundation.org/blog/did-2001-tax-rebate-checks-stimulate-consumption-economic-evidence

thejaytiesto
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March 23, 2016, 07:19:11 PM
 #10

They will keep stretching the current system as much as possible until it collapses, meanwhile the smart people are finding ways to store their wealth while the stretching is going on and there is still some time left to stack up on gold and Bitcoin, once it begins in full force it will be too late to buy any relevant amounts.
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