Quote from ammo:
the standard of living for a tip the scales amount is zero,writing everyone a check would do more than the qe2,it would get pumped directly back into the economy,once we start gaining jobs at 500k a week,instead of the opposite,benny can worry about the debt, the monster here is wall street, they hoodwinked the banks with their offshore credit default swaps,,packaged mortgage loans,it was pure genious except fpr the fact that they killed the golden goose,then they got benny a second time on the tarp,now a third application to the same monster is a waste of the few bullets they have left... i would (personal opinion)say back to the drawing board for benny,he needs help from d.c.,they need to ...get some balls ... convict someone besides bernie madoff... not happening
the U.S is heading toward the Japanese style deflationary (Lost Decades).
Ladies and Gentlemen, be prepare to see walmart, $1 dollar store, target super market, or any deep discount stores on every blocks including Mcdonald.
Deflation is coming!