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Yes. If a modest amount of 9k would work, then giving everyone a million each would work as well. The Keynesian economist in Washington and Tokyo have already
by nylsaar 10y ago
Yes. If a modest amount of 9k would work, then giving everyone a million each would work as well. The Keynesian economist in Washington and Tokyo have already filled up the bathtub to no avail. This is the difference between money and currency.
- hx87 10y agoYou're thinking of monetary expansion, which in modern economies often doesn't work because the banks get the money first and do nothing but park it.