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Blackrock is also running a series: "Dealing with the next downturn" https://www.blackrockblog.com/2019/08/20/how-central-banks-might-deal-with-the-next-downtu
by ArtWomb 7y ago
Blackrock is also running a series: "Dealing with the next downturn"
https://www.blackrockblog.com/2019/08/20/how-central-banks-might-deal-with-the-next-downturn/ https://www.blackrockblog.com/2019/08/20/how-central-banks-m...
Direct stimulus (through universal basic income) may emerge as the best, if not only, innovation for stabilizing aggregate consumer demand.
- geggam 7y agoI always wondered why the folks doing QE didnt pump money into the people letting them stimulate the economy by spending / paying their bills. Banks still end up with the money but people would not be screwed quite so during the process.
- cpursley 7y agoSo, printing more money and creating inflation. Why even both investing and saving any more...