$300 trillion bail out

[Uben]

A brilliant idea! Print enough money to give every American $1 million, we all retire and live happily ever after.

It was so simple, how did they miss this one?

Of course, there would be no workers to do anything, no rich vs poor, no nothing. Kinda what we're looking at anyway.

The money wouldn't be worth anything, but you would have a lot of it! Burn it for heat, stuff in your coat for warmth, stuff your matress, stick it in your walls for insulation, and maybe even invent a car that would burn it for fuel! No banks, no government, no bill collectors......The United States of Euphoria!

We could work out the details later.

[bulloney]

1. Of course, there would be no workers to do anything,..

That's how Wall Street lives and they just think the whole world economy operates that way. Just create money out of thin air with nothing of substance to back it up.

You can only create real wealth from manufacturing and the Earth...agriculture, mining, fishing and extracting other resources for sale. Anything else, you're just building your economy on a house of cards.

[DFW]

2. Reminds me of the modern Rip Van Winkle joke we told in high school

This stock broker falls asleep and wakes up 20 years later.

When he realizes that 20 years have passed, he runs to a pay phone, and calls his
own brokerage. Someone there remembers him, and is amazed to hear from him. He has
no time for pleasantries, and he immediately asks how much IBM is. He is told that
IBM is currently trading for $165,000 a share. He asks how much General Motors is.
It is trading at $75,500 a share. He asks how much Xerox is. Xerox is $210,000 a share.
He is giddy with joy until the operator comes on and says "please deposit $5,000 for
the next three minutes."