America has grown desperate for smart ideas to revive a flagging economy. Sunday night in the Financial Times I read one of the most desperate: an op-ed by UCLA economist Roger Farmer arguing that the Federal Reserve should deliberately re-inflate a new asset price bubble to goose the economy
http://www.slate.com/articles/business/moneybox/2013/04/helicopter_money_federal_reserve_should_print_money_and_give_it_directly.htmlNo seriously, are they? .com's in the late 1990's .. social media in the early 2000's.. housing in the mid 2000's , then nothing for 5 years (hence the problem).. now all of a sudden this? of all things bitcoins? I'm not really complaining.. I'm just observing something.
