Are annual ECB cash handouts the next gimmick to suppress Europe?

An interesting proposal on the Euro crisis is to be found on "Naked Capitalism" by Marshall Auerback, linked here. It would certainly prove attractive to the new left-leaning French Senate I reported on earlier.

The writer also makes an interesting point of Wolfgang Schaulble's reported muttering of “Eppur si muove” (and yet it moves).

H/T Acting Man. One paragraph of their reaction is the following:

The ECB should 'distribute' trillions of euros to national governments, just because it strikes Auerbach as 'technically feasible'? Admittedly, all it takes to create trillions of euros from thin air in a fiat money system are a few strokes on a keyboard, we know that. So we would guess that yes, it is 'technically feasible'. The idea that 'trillions of euros would not add to aggregate demand or inflation, as member nation spending and tax policy are in any case restricted by the Maastricht criteria' is a real knee-slapper. Mr. Auerbach, a second career as a stand-up comedian awaits!