Helicopter Money----The Biggest Fed Power Grab Yet | Stockman

``... the decision to spend, tax and borrow is the very essence of state power. There is no possibility of democracy---for better or worse---if these fundamental powers are removed from popular control. Yet that's exactly what helicopter money policy would do. Based on some Keynesian gobbledygook about the purported gap between full-employment  or "potential GDP" and actual output and employment, the Fed would essentially set the Federal deficit target.''