Author

Topic: Why not Quantitative easing for the middle class? (Read 1036 times)

legendary
Activity: 1540
Merit: 1000
February 02, 2015, 08:22:51 AM
#6
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.
hero member
Activity: 756
Merit: 502
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
legendary
Activity: 1540
Merit: 1000
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.
sr. member
Activity: 476
Merit: 500
I like boobies
That's crazy talk. I suppose you want the rich and corporations to actually pay their taxes too, huh?  Roll Eyes
legendary
Activity: 978
Merit: 1001
Why not become socialist?
hero member
Activity: 756
Merit: 502
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.



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