re: Hedge fund manager Daniel J. Arbess calls for direct money printing to Treasury

Oh ok I see why I was confused now. I was thinking of the tax cut amount relative to base money instead of M1 or M2. I was like, ok the fed jacked up the MB by over a trillion immediately following the 08 crisis, 5% or so of a few trillion...does not equal a trillion.

But yeah, now that I understand it, that does seem like it would be much more effective than ZIRP. Interesting stuff.