” Then why not spend like there’s no tomorrow? If can have QE2, 3, 4, 5, we could have free health care and free college education for everyone.
We could have huge public infrastructure build up in high-speed rail, solar energy and the like.
What’s the difference? It’s money into the economy.”
“I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.”
It is abundantly clear that they cannot perform basic math skills because you cannot just print money and expect it to carry the same value as it did before you printed a few trillion dollars.
I give up. Maybe we could all have home versions of printing presses. Then in Brians world we could all print our own money to go to the grocery store and pay for goods and services. Or we could build the Big Brian transit system that he thinks will solve our problems. Since we are just printing money we can through in social security and medicare and healthcare for everyone.
Wow I didn’t know the problems were this easy to solve. Those guys like Roubini are idiots.
