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Notes -
This doesn’t work since we have high interests rate and above 2% inflation. You can’t transfer savings in 2030 to be spent today because we are resource constrained today. Checks today would just cause higher interests rates and higher inflation and do nothing to boost consumption today. You would just have more money chasing the same amount of goods.
Hypothetically in say 2010 you could do something like that because we had excess capacity, low interests rates and sub 2% inflation.
The best you would get today by sending out checks is a short term mid-term bump as people get money and then pissed off voters in 2027 when inflation jumps back to 5%.
You would just be giving them a fake reward in the current environment.
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