Here is a great article quoting some musing from Deutshe Bank. In short: ZIRP is not causing consumers/average guy to consume, it is causing them to save more. So ZIRP hurts consumption, not encourage. Some interesting charts there, that make me reconsider. One chart show how the average American has heaps more in assets compared to debts. I thought they were asset poor, student debt riddled and only food stamp rich.
In any case, have a read. It seems if there is a helicopter drop, the masses may just SAVE IT.
