Can We Spend Our Way out of a Depression?
We can defer many expenses including loans, rent, utilities, and insurance. However, we cannot defer food and other basic costs. Thus, sending every American $1,000 in cash each month makes sense.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
We can defer many expenses including loans, rent, utilities, and insurance. However, we cannot defer food and other basic costs. Thus, sending every American $1,000 in cash each month makes sense.
Read MoreThe last decade without a recession was the 1850s, the decade just before the Civil War. That will give the paranoid another reason to fear a Second American Civil War.
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