No one will invest in a one time blip, they will just raise prices
More free cash just handed over to the Soros Billionaire Oligarchs.
What could go wrong?
Ponzi schemes NEED mo’ money else it sticks it’s head up it’s ass.. looking for other peoples money.. to filch..
The U.S. has tried this several times in the past with Economic Stimulus payments.
Couldn’t possibly lower taxes. Someone has to pay for this free money. Plus it wouldn’t be fair to those that don’t pay taxes.
I recently returned from a project in Dresden. A friend there told me why we couldn’t find anyone to work with a particular skill set. One can work 10hours a month and get 3000euro worth of “free” benefits or work 160 hours a month for 3000euro. Guess which people chose?
“The logic behind the idea is that recipients of the money will head to the shops, helping to turn around a paralyzed economy in the common currency area. In response, companies would have to increase production and hire more workers, leading to both economic growth and a needed increase in prices because of the surge in demand. …”
But the logic fails when the people shop for lower prices and most of the goods are imported, or they buy things with no local content.
If socialism worked every country would just print money and give it away to grow their economy.