Nice phrase, shitty idea, unless you want to help bankers. Oh wait, that is the idea: Help the bankers and make the taxpayers liable.
$2 T for QE by the Fed . My cure would be to instead have the Fed print real cash/checks and mail/deposit them to actual taxpayers. In 2007, there were $138 M taxpayers, let’s be generous and say there are now $140M (We all know there aren’t more than there were in 2007), then each of these taxpayors could get a payment of $14,285 each. Some people would save it, some would spend it, some would pay debt, but at least it would go where it was needed by the taxpayers.
News divisible only by one and itself. 