Tag Archives: QE for People

OPINION: Basic Income, QE3 Plus, and the Euro crisis

By Gary Flomenhotf Not everyone follows the actions of central banks, such as the private bank cartel called the US federal reserve (the fed), but you should know what the fed is up to lately:  QE3[1] PLUS! See article here. You may know that QE3 is a fed program to purchase $40 Billion in mortgage bonds per month from banks, basically

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Kaletsky, Anatole, “How about quantitative easing for the people?” Reuters: Opinion, August 1, 2012

In an opinion piece on its Reuters blog, British columnist and economist Anatole Kaletsky effectively endorses a one-time basic income as a fair and more effective version of central banks “quantitative easing” programmes. Kaletsky shows how the United States created $2 trillion and the United Kingdom created £375 billion pounds out of thin air to buy bonds in two rounds of “quantitative easing.”

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