Correct, his comment doesn’t take into account counter scenarios, that’s important to be mindful of. Nonetheless it’s still illustrative of, as you call it, ec

Correct, his comment doesn’t take into account counter scenarios, that’s important to be mindful of. Nonetheless it’s still illustrative of, as you call it, economic orthodoxy. Put more plainly, most economist say this shits no good. It can be very counterproductive, dangerous even.