yes, let's . . . .
from atrios:
Friday, September 14, 2012
Let's Keep Saying This Until It Doesn't Sound Crazy Anymore
WaPo's Zach Goldfarb:
Zachary A. Goldfarb I don't think Bernanke can legally start mailing checks to us, though I think when hits the "emergency powers" button he can probably do just about anything, but it isn't said often enough by the right people that there are alternatives to giving free money to banks, such as giving free money to me. At this particular point in time, those alternatives are clearly superior.@Goldfarb
If Fed could print money and give it to near-prime borrowers, undwater homeowners, and nervous businesses, then we'd have another story.
We have a problem that can be easily solved by giving free money to people, perhaps the most popular solution to a problem ever. And it isn't happening.
No comments:
Post a Comment