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The risk is that the economy might behave like any complex machine, or the electric grid: once it’s turned off, it might take a really complicated sequence of s
by KarlKemp 7y ago
The risk is that the economy might behave like any complex machine, or the electric grid: once it’s turned off, it might take a really complicated sequence of steps to turn it back on again. And unlike machines, nobody knows that sequence for the economy.