It Begins: Desperate Finland set to unleash Helicopter Money drop to all citizens!
Finnish authorities are preparing to unleash "helicopter money" to save their nation by giving every citizen a tax-free payout of around $900 each month!
What would you do with your FREE MONEY??
Source: http://www.zerohedge.com/news/2015-12-06/it-begins-desperate-finland-set-unleash-helicopter-money-drop-all-citizens
>>51777136
>What would you do with your FREE MONEY??
Save it of course. I really don't need it, so I'd buy stocks or some dollars.
I'm putting it towards my Patek Philippe watch buying fund.
>>51778141
Excellent choice.
>>51777136
>What would you do with your FREE MONEY??
Spend it and contribute to inflation as more cash enters the circular flow, or however my limited understanding of economics I still remember from high-school explained it.
>>51778499
It's a secure investment
is it taken from the tax base or it's simply newly printed money?
Buy more grass rofl, now that I make about 3000€/month with my pleb job.
I would definitely buy XONE and finally play F6. The best thing is that consoles are easy to sell after time without losing too much money.
>>51778589
Tax. It's cheaper than paying people welfare. Normal welfare will be eliminated
Buy GOLD
>>51779108
What is GOLD?
>>51779124
He probably means gold account or something.
>>51777136
>What would you do with your FREE MONEY??
Spent it on american online sex shops and save remaining money in cash
Use it to for foreign travel and spend it somewhere else.
Bush did the same thing and it didn't really work as planned. Most people just used the money to pay bills and whatnot
https://en.wikipedia.org/wiki/Economic_Stimulus_Act_of_2008
>>51779265
This isn't a one off though. It's permanent.
>>51777136
Mee ny helvettiin siitä
>>51778589
>newly printed money?
God, I wish. This place would finally have full employment. But I'm pretty sure Germany would go full Reich and invade Finland if we started to create Euros at the central bank.
>>51779108
Buy (old) plumbum you tard. Plumbum naturally gains in value due to the half-life of the isotopes. After manufacturing the undesired isotopes diminish and the more "pure" the plumbum gets the better it can be used to manufacture some specialised equipment.
>>51779469
>Plumbum
Lead? Wtf, Hans?
>>51779420
Well, Väyrynen got enough signatures on his citizen proposition for returning to Markka.
I know it propably doesn't mean shit, but there's hope.
>>51779608
It'd be awesome. Although technically we are allowed to create Euros for "other purposes", which is a definition wide enough to include financing primary deficit.
>>51779608
>returning to Markka.
Lol. It would easily double all denbt (private and public) and definately destroy our everything what's left.
You don't mind paying three months salary for flight to europe or two months salary for tv?
Dat glorious markka.
>>51779723
>double all denbt (private and public)
More than double, it would probably explode to 10-15x
>>51779723
I don't fly, Estonia is close enough to take a ferry, and there's really nothing worth watching in the TV anyway.
my best friend was finnish, can I get 800 euros? :DDDD
>>51777136
>fiscal stimulus (helicopter money) will be sold as a temporary measure that quickly become permanent, as the economy will crater the moment it is withdrawn.
Not really true. The economy did fine after WW2 when overt monetary financing was withdrawn. More importantly, why would you ever withdraw it?
We will be new oil sheiks in /int.
Resbect Finlan
>>51779723
If they are re-denominated into Markka, no it won't.
http://www.voxeu.org/article/implications-private-debt-euro-exit
VoxEU had this study. It would hurt, but not that much. It's France, but I doubt Finland is that different.
>>51779552
whats the problem?
>>51779919
Of course it requires denbt owner to agree conversion, which actually won't happen. Ever.
How about crashing labour unions instead? It wouldn't require entire world to change, just shutting down those bastards and their mafia.
Hey Finnbros, what are your thoughts on Eestis and their country?
Issue of government bonds
Rising interest rates
>>51779420
>Germany invades
No problem, just use Jews as shields.
>>51780010
That's not how laws work.
If the state says the denbt is Markka, it's Markka. This is because the state enforces the debt, and debt that is not enforced does not exist.
Creditors can refuse, but that just means the state won't enforce the debt.
>>51780139
>thoughts on Eestis and their country
They need to get over Soviet butthurt. Russia has no motivation to invade them.
>>51779420
Depends how much money is printed. Might be that we would become Zimbabwe tier if done without regard to economists.
>>51781071
http://bilbo.economicoutlook.net/blog/?p=3773
Zimbabwe destroyed their productive capacity.
Money printing has basically the same effect as deficit+bond issuance+QE. Government bonds are just a subsidy to the banking sector. Bond issuance has no effect on aggregate demand so there is no effect on price levels.
nf: Joos
>>51777136
this attracts shitskins
What are some good resources to learn Finnish?
>>51781566
It should be made so that you'd only receive it if you were born here.
>>51780635
meaning finnish credit ratings would drop to greek tier and the country would get slapped around like argentina, only aggravating the situation and making sure funland becomes a failed state.
What a great way to celebrate 100th year of independence.
>inb4 hurrr not independet da EvilU is our massah
>900$
will never, ever be that much. max 700 euros.
the point is to save money by removing all welfare and replacing it with cheaper option.
>>51777136
Rent a house next to the beach. Do nothing.
>>51781918
But welfare is used to have control over people. My cousin got his welfare cut because he didn't give a good impression in a job interview.
>>51781948
>But welfare is used to have control over people
I agree, your cousin shouldn't receive any
At least he's free now
Give it all to gypsy beggars or eat a 6€ pizza four times a day.
>>51781873
Bullshit. Why would any of that happen?>>51781873
>>51777136
>What would you do with your FREE MONEY??
Buy a helicopter
Im half finn with jus sanguinis citizenship
can i have €400 pls
>>51777136
I hope this doesn't go through. I'm a NEET and I'd die of starvation.
>>51790124
You'd be just fine. Of course you have to move to some bönde reservate, but that's not a big deal.
