Instead of the FED pumping 75billion per day into banks they could put that money into everyones bank acc. The banks would then get the money but people would also get the money. Even if some drew it out they would be spending it.
Create a trillion, ten trillion it does not seem to matter how much CB's create. RBA is going to cut rates again next week. Pretty soon there will be no intetest paid on yerm deposits, it will be zero which will be higher than rates of negative%. After that you may not be able to withdraw cash or very little per week.
Negative rates and a cash ban is what we are looking at. All this because the economy is pumping.
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