The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
In 2017 a Sanders administration could revisit the 'Trillion dollar coin' idea or employ many other mechanisms to increase economic activity. A National Infrastructure Bond Authority could issue 2% bonds that Treasury could purchase with money freshly created by the Fed. The proceeds from these bonds could be used to pay for the infrastructure. Taxes on uses of the infrastructure so created could be used to retire the bonds. This should work for infrastructure to electrify the rail network, to generate renewable energy, etc. Those proceeds could be put into a perpetual trust to finance needed expenditures that do not offer such an immediate payback - such as child care, assistance to the elderly, etc. Sort of like a very limited form of a nationally chartered bank. "It is not necessary to have hope in order to persevere."
by gmoke - Jul 4
by Oui - Jul 3 1 comment
by Oui - Jun 30 25 comments
by IdiotSavant - Jun 24 16 comments
by Oui - Jun 25 51 comments
by IdiotSavant - Jun 16 16 comments
by Frank Schnittger - Jun 15 14 comments
by Frank Schnittger - Jun 10 15 comments
by Oui - Jul 54 comments
by Oui - Jul 43 comments
by Oui - Jul 3
by Oui - Jul 31 comment
by gmoke - Jul 2
by Oui - Jun 3025 comments
by Oui - Jun 301 comment
by Oui - Jun 297 comments
by Oui - Jun 2735 comments
by Oui - Jun 2551 comments
by IdiotSavant - Jun 2416 comments
by Oui - Jun 2310 comments
by Oui - Jun 2313 comments
by gmoke - Jun 22
by Oui - Jun 20
by Oui - Jun 1916 comments
by asdf - Jun 184 comments
by Oui - Jun 184 comments
by IdiotSavant - Jun 1616 comments