Here Comes The Ultimate Keynesian Scam: Helicopter Money For The People, Not Just Banks

Apparently the purveyors of these hoary inflationist schemes – which arguably are economically an order of magnitude more crazy than what modern-day central bankers have already perpetrated – have forgotten about John Law and post-revolution France. The assumption that the British pound would have retained anything close to its current purchasing power if 24,000 pounds had been mailed to every family in the UK is absurd...... these supporters of unbridled inflationism are making the cardinal mistake of confusing money with wealth.
To access this post, you must purchase Monthly Subscription, Quarterly Subscription or Annual Subscription.