Why hasn’t the helicopter money option already been enacted? The main reason is simply that until very recently we thought we had cured chronic shortages of aggregate demand, so no one was really thinking about these issues. The other reason is that Congress has not yet gotten it together to pass a law allowing the Fed to cut checks to the American people. Free Money Pubg

Are you looking for an easy way to get free money? You've come to the right place! PrizeRebel is a trusted market research firm that has paid out over $15 million dollars to our survey takers since 2007. We have 7.5 million users from all over the globe who are earning free money by completing paid surveys. To get started, simply click here to signup now for your free account. Answer a few paid opinion surveys as companies want your opinion on new products and services. You can then redeem points and choose from hundreds of gift cards, bank direct deposit or paypal to receive your money within 24 hours. It's that easy! Signup now for your free account! Free Money Now Apps
The key economic idea undergirding this policy idea is something called aggregate demand, which, stated simply, is the total amount of spending in the economy. During a financial crisis, aggregate demand goes down, since newly unemployed workers have less money and people who manage to keep their jobs reduce their spending out of fear. When people spend less money, sales fall, and businesses are forced to lay off workers, who then spend even less money, and so on. In other words, money goes in circles: my spending is your income, and your spending is my income. If we all simultaneously cut back on our spending—if aggregate demand declines—then everybody’s income declines, too. That is, very crudely, what happened during the Great Depression, when there were millions of perfectly able workers desperate for jobs, while perfectly functional factories lay idle due to lack of customers. It’s also what has been happening, to a milder degree, in our economy since the 2008 crisis. Federal Grants For College

Why? Because the economy has evolved to a point where it is vulnerable to mild depressions. In fact, the one we’re in now could persist for decades, as similar conditions have in Japan and other countries. In order to avoid that slow, painful outcome, we need a policy that will jump-start our economy. After three straight years of political gridlock it’s clear that Congress is not going to provide the fiscal stimulus we need, and while the tools the Federal Reserve has at its disposal have helped, they’ve not done enough. If Congress could be persuaded to give the Fed a new tool, one that would let it distribute purchasing power to the broad mass of the population—to “drop money from helicopters,” so to speak—it might be enough to help us escape the nightmare of slow growth and persistent unemployment we’re in now. Federal Grant Recipient Database
×