Monday, April 22, 2013

USD $5trillion were printed to underpin the Feds QE 1, 2, 3, 4 and on

I put to my son-in-law that it might have been a better thing to divide equally the $$ trillion that was printed and give the money to every citizen of the United States. Instantly he agreed. He was once an accountant with KPMG.

I then asked him how much each person would get. Quickly he did his mental calculation. His answer: $15000.00
Therefore every household in the U.S., mother, father, son and daughter, could have got a cheque for $60.000.00.
Can you imagine how this amount of money would have propelled the U.S economy in the most incredible growth explosion.

And here is something beautiful to look at:

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