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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Mike Johnston who wrote (75381)12/12/2006 10:56:52 AM
From: kris b  Read Replies (1) | Respond to of 110194
 
or simply printing money to buy government debt which in turn is used to finance tax cuts and credits.

This still doesn't answer my question. Consumer right now reliquifies with monthly borrowings against their houses. If Bernanke/Government want to substitute this source they would have to send monthly tax credit cheques equal to the amount of the current home equity loans. Can the US treasury afford to support the whole nation? Who would work and pay taxes.

One time $5.000 tax credit wouldn't do



To: Mike Johnston who wrote (75381)12/13/2006 3:52:13 AM
From: bart13  Read Replies (2) | Respond to of 110194
 

The phrase "depositing money in private accounts"...


For what its worth, I've always considered that $300/person tax rebate in 2003 to have been the first example of Ben's helicopter drop. It pretty much directly was "depositing money in private accounts" in my opinion.


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