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Sadly this is already going on. House prices will always be a small tick above whatever the max amount the banks are willing to lend out that year, and as that
by digi_owl 9y ago
Sadly this is already going on. House prices will always be a small tick above whatever the max amount the banks are willing to lend out that year, and as that lent money trickles into the broader circulation it also drives up other prices.
Just pumping more money in will fix nothing. What is needed is for some massive non-profit entity to step in and provide basic goods and services at a known price. This then fixes the floor of the economy rather than continually trying to chase the roof.