Ben has been leading an all-out attack on his invisible enemies in this "financial World War III" (according to Erin Burnett of CNBC) but the situation appears to be worsening daily. Putting interest rates at 0%, and buying up all types of "worthless" mortgages and other financial assets has just made the situation worse, eroding confidence.
As long as Ben is running the printing press 24/7, here are some ideas, which, if implemented, will make our economy sky-rocket with a turbo-charged booster.
- The Fed provides anyone who is laid-off the same annual salary as Ben.
- The Fed pays everyone's health insurance premiums, and all co-pays. This includes people who are currently without any health insurance.
- The Fed contributes the "match" (instead of the employer) to everyone's retirement plans- 401K, etc.
- The Fed pays a new mother's salary for six months while she cares for the new-born baby.
- The Fed pays the tuition of every College student.
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