Android users can respond to a survey from Google and receive up to $1 in Play credits, but the credits vary, depending on the survey. Download the app, answer a few questions about yourself and wait to receive your first questionnaire. Expect to receive an average of one survey per week, covering topics such as “Which logo is best?” and “When do you plan on traveling next?” Free Money Patti Smith Lyrics
The third policy option is known as nominal gross domestic product targeting, the major proponent of which is the economist Scott Sumner. The idea is all about self-fulfilling expectations. Recall that the central bank owns the printing press, so it can create arbitrary quantities of dollars. By making a pre-commitment to keep the economy on a particular spending trajectory, self-fulfilling collapses in spending would not happen. Something similar to this policy seems to have kept Australia and Israel out of the Great Recession. But in order to sustain such a policy, the Fed might have to intervene in the economy quite frequently, and then the distributional consequences could be serious. Quantitative easing, for example, helps push up asset prices (the stock market has regained all the ground lost since 2009 and then some), which disproportionately benefits the wealthy. Free Money Machine
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