The Fed Preps for a Massive Drop of Helicopter Money



ORIGINAL POST
Posted by Ed 4 yrs ago
https://hongkong.asiaxpat.com/Utility/GetImage.ashx?ImageID=9acb5c39-2355-48b8-a548-c12cbb9b2da6&refreshStamp=0 
IN 2016, Ben Bernanke said "helicopter money" should be on the table as a last resort.
 
Apparently the Fed is preparing for a massive drop of 'helicopter money'   
 
 
 
 
One (of many) problem with this is .... like a crack addict... once you get on the pipe... you cannot stop ... because the second you do ... consumer spending crashes... and the ship sinks. 
 
Let's not forget that millions are not paying any bills whatsoever -- no mortgage ... no rent... no student loans... no personal loans.... absolutely nothing --- so a lot of that cash is propping consumption up.
 
Meanwhile, a vaccine is highly unlikely and then we also have a slight problem with oil in that for every six barrels we burn, we have been finding only one replacement barrel.
 
 
 
 

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