CFR Floats Free Money…”Handing out money for nothing will send inflation through the roof”

Wednesday, September 10, 2014
By Paul Martin

By Kurt Nimmo
Infowars.com
September 10, 2014

Foreign Affairs, the house organ of the globalist Council of Foreign Relations, has an idea on how to save the economy — give away paper money to the 99 percenters.

“Rather than trying to spur private-sector spending through asset purchases or interest-rate changes, central banks, such as the Fed, should hand consumers cash directly,” write Mark Blyth and Eric Lonergan.

The “free money” scheme — cranking up the printing presses and handing out nearly worthless paper dollars — will not cure the Keynesian nightmare.

The free money scheme is predicated on government insistence that inflation is low, thus adding trillions of dollars to the economy will not have an adverse effect. The authors insist that “in recent years, low inflation rates have proved remarkably resilient, even following round after round of quantitative easing.”

The Rest…HERE

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