tag:blogger.com,1999:blog-5889026769761133073.post5845907417773750348..comments2023-12-22T08:42:36.132+00:00Comments on Gaian Economics: Queasy Come; Queasy GoMollyhttp://www.blogger.com/profile/12845612174674783187noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5889026769761133073.post-76821833810275143362009-11-05T18:15:10.164+00:002009-11-05T18:15:10.164+00:00As you say, the weakness of the policy is that the...As you say, the weakness of the policy is that the new money is going into the banks, not directly into the real economy, as it would have done with the Green New Deal.<br /><br />Are the banks just using some of it to shore up their capital adequacy?<br /><br />Some are saying that the new money is going to buy shares, thus artificially pumping up the stock market. Another bubble?DocRichardhttps://www.blogger.com/profile/08903964792092284406noreply@blogger.comtag:blogger.com,1999:blog-5889026769761133073.post-4177884455190072872009-11-05T09:18:22.873+00:002009-11-05T09:18:22.873+00:00At least some money does make its way into the sac...At least some money does make its way into the sack, e.g. that part which finances the govt debt to pay for VAT cuts.Mark Bryanhttps://www.blogger.com/profile/11654733198228919273noreply@blogger.com