Paul Treanor's idea of giving the cash to the poor citizens of 3rd
world countries rather than the greedy, in-hand -to 1st-world, or
corrupt governments sounds good but may run into some socio-
economic problems. Firstly, all this is likely to do is raise prices in
the receiving country through a massive rise in its money supply,
so in real terms the citizens there would be no better off, and some
could be worse off. I remember a Nazi plot during WW2 to shower
the UK with fake £1 notes, in order to cause massive economic
chaos. Rising prices in 3rd w country would rapidly divert this cash
to the companies and govt institutions there, eg thru escalating
size of bribes to get govt services etc.
Hillary Shaw, P/G Geography, University of Leeds
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