Author: admin

~ 24/11/09

Stimulus money.

Big and complex. If easy, it wouldn’t be such a drag nor material for intense debate.
Some abstractions can be made to see it simply and get at least a bit from it. Figure this: Bank lends to Person. Person cannot pay. Person loses house. Bank loses money. Bank can go kaput. Government gives people tax money to dumb Bank. Bank’s saved. Person’s not. How lame. That without considering the government overhead that implies giving money to the bank. What if the government just lends the money to Person? A win-win probably?

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