BEST IDEA YET

[Adammon]

If the scheme involved a single, million dollar cheque, I would think most would invest a good portion of it. That way, even with the average rate of inflation you stated, an ROI greater than that could at least in theory cover that problem.

Except the original point was stimulus which is not achieved with a higher marginal propensity to save.

That's the problem with a credit-driven consumerist boom - the correct 'cure', an increase in liquid savings and investment, exacerbates the downward slide until equilibrium is met again.

[Adammon]

(a Koenigsegge)

I loved him as Chekov in Star Trek

[bluecon]

Actually,

40,000,000 x 1,000,000 = 40,000,000,000,000

That's $40 trillion, in case those zeroes are making you go cross-eyed.

Oh, well it seemed like a good idea at first blush. Back to the drawing board.

Sorry, but it was a silly idea but no sillier than the one that is going forward now to rescue the economy.

True enough.
This would totally destroy the economy.
The same thing President Hopey Changey's present policies are going to do.

It would do wonders for the price of gold.

[Kate Shaw]

How did this get into the religion forum? Were you aiming for another forum? Do you routinely aim for some other forum and end up here? If so, why?