Deflation

Quote: AZDuffman

Quote: petroglyph

The ptb have printed us into a corner. If just one of the monster estimates of the bank bailouts [12 trillion] would have been just handed out to the people of the US [much like Bush's cash for clunkers program] it would have been enough to pay off EVERY mortgage in the country. Now that would be stimulous. Only that would have been bottom up instead of top down, or [trickle down]. Think how that would have affected the economy, if all the wage slaves didn't have to worry about the roof over they're and their children's heads.
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Forgetting the problems it would cause in the financial industry the wage slaves would mostly end up back where they started. The irresponsible ones would have rushed for a HELOC to drop all their other debt on and I would have been working 65 hour weeks to process all the applications.