3 ms·
I agree that it's a matter of changing the incentives. It seems possible though. Governments are pulling trillions of dollars out of thin air for relief measure
by tachyonbeam 6y ago
I agree that it's a matter of changing the incentives. It seems possible though. Governments are pulling trillions of dollars out of thin air for relief measures. They have the ability to print money and have been expanding the money supply since there has been money. It's a matter of allocating said money to the right things. Maybe instead of keeping zombie companies alive through zero-interest debt, we should be letting badly managed companies die, and fund critical research instead, as well as infrastructure projects. That would create jobs and help us build a better future.