CouponSurfer.com to Bernanke: Print Coupons, Not Money
New program designed to produce a surge in consumption expenditures
Bedford, MA (PRWEB) November 19, 2010
In response to the Federal Reserve’s policy of quantitative easing (QE2), leading coupon site CouponSurfer.com has devised it’s own strategy to jumpstart the economy. CouponSurfer.com is challenging Federal Reserve Chairman, Ben Bernanke, to print coupons instead of printing money. CouponSurfer believes printing coupons offers a non-inflationary sound money policy to spur economic growth. Unlike printing money, printing coupons not only boosts economic activity but increases the value of the dollar. Coupons drive consumer spending by giving consumers an incentive to buy and increases the value of every dollar earned by increasing purchasing power. Rather than having inflationary consequences, coupon use has a long track record of actually lowering the price of consumer goods and services.
Charles Vavruska, Chairman of the Open Coupon Committee, CouponSurfer’s principal coupon policymaking body asserted “CouponSurfer members would never stand for easing, they always expect us to increase the value of our coupons.”
CouponSurfer has termed its policy BE2 (Budget Easing 2) for the effect it has on household budgets. CouponSurfer believes that BE2, which involves printing and usage of coupons, would not affect yields on Treasuries and bonds while its budget easing would produce a surge in investment and consumption expenditures. CouponSurfer economists have predicted a savings target of at least 10%.
About CouponSurfer, Inc.
The mission of CouponSurfer.com is to save consumers money when they shop by offering top brand-name deals and coupons as a free service. We offer hundreds of money-saving coupons for groceries, clothing, gifts, shopping, toys, travel, and lots more.
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