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Originally Posted by Paul Markham
I never said it wasn't talked about, that it's a good or bad idea. I said it will never happen. How about a bet of $10 if it goes through by the end of this decade. The money is small, it's winning that counts.
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No offence but you're way, way out of your league here. Secondly, it's very difficult to define success or failure because as I have already said, no-one can predict the shape or form that helicopter money will take so its not a bettable outcome.
How about we handle this a different way and you tell us why you think it will never happen? I think that will show a great deal more about what you know and what you don't know.
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The idea of $1,000 for doing nothing is stupid.
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Sure but so are negative interest rates. Everyone said it would never happen only because it has never happened before in history and it did and quite broadly with over 10 trillion bonds with a negative yield. Negative rates in Japan, Sweden, Switzerland etc, etc.
The world economy is a complete mess, it has to grow its way out of a serious debt hole and it's stalling so something will have to be done whether its more QE or as I said before, helicopter money:
Helicopter Money: Ben Bernanke's Plan to Hand Out Free Cash - Fortune