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will people invest their money wisely and stimulate the economy or is this simply a horrible idea?
Most people will blow the money and that will stimulate the economy. It is one of those ideas that is great in principle and probably bad in practice and I bet he knows it would be bad in pratice. The economy is based on keeping most people ignorant and confused. Have you heard any economist saying that accounting/personal finance should be mandatory in the schools? What state would the economy be in today if that had been implemented 50 years ago?
All warfare is based on deception. - Sun Tzu
umbrarchist