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S W
Member since May 2012
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>Free Money Idiocy: Switzerland Referendum Proposes "Free Money" Annually to Everyone Alive; US Progr  - Mish - Global Economic Analysis
Aren't people getting free money now, with all the handouts and subsidies , things like holiday pay,sick pay, baby bonuses,employer paid superannuation and maternity leave, pensioner discounts, negative gearing etc?

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Beginning of the headline :People constantly ask me what it would take for me to abandon my stance that "hyperinflation is not going to happen in the US". My answer has always been "free money" (not credit), on a big enough scale. Note that QE causes huge economic distortions but it is not "free money". Free Money Proposal In Switzerland, enough signatures have been gathered to put a "free money" proposal on the ballot. To collect, all you have to do is breathe. Rich and poor alike would get the money. New York Times... Read More
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