To stimulate economy, Japan to give people UN-DEPOSITABLE money!!!

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Text Drivers are Killers

Joe Biden - "Time to put Trump in the bullseye."
This makes more sense than giving BANKERS trillions of dollars like moron obozo did, but it's still insanity.

http://investmentwatchblog.com/japa...-gift-certificate-money-drop-to-young-people/

march 23 2016 Japanese are about to turn the Spinal Tap amplifier of extreme monetary experimentation to 11. Sankei reports, with no sourcing, that the Japanese government plans to unleash “vouchers” or “gift certificates” to low-income young people to stimulate the “conspicuous decline” in consumption among young people. The handouts may not be deposited, thus combining helicopter money (inflationary) and fully electronic currency (implicit capital controls and tracking of spending).

Since Ben Bernanke reminded the world of the existence of government printing-presses, echoed Milton Friedman’s “helicopter drop” solution to fighting deflation, and decried Japan for not being as insane as it could be… it has only been a matter of time before some global central bank decided that the dropping of cash onto the populace was the key to economic recovery. Having blown their wad on QQE (and been left with a quintuple-dip recession) and unleashed NIRP, it appears Japan has reached that limit.
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Of course Legion Leon can't respond to this. This is a massive failure of Keynesian policy. Massive deflation and debt almost 250% of GDP in Japan. And of course your Krugman's and other Keynesian's will tell us Japan needs to do even more Q.E. Throw in the fact the yen is dropping as a result and they are at the center of the currency wars.
 
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