I like it, says Joseph Gagnon of the Peterson Institute for International Economics. Theres nothing thats obviously economically problematic about it.
Then why stop there Mr. Gagnon? Make a $20 trillion coin, pay off the debt, and cancel all taxes for the next two years. After that, we just strike a $5 trillion coin annually and live like kings!
[ Then why stop there Mr. Gagnon? Make a $20 trillion coin, pay off the debt, and cancel all taxes for the next two years. After that, we just strike a $5 trillion coin annually and live like kings! ]
Yay! we can all spend our time finger painting and singing nertsery rhymes and eatin s’mores and playing hide and seek!
No one need ever work again except to mint a new coin every now and then!!!
Seriously do these people to me seem to have less understanding of the economy than a kindergarten student????