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I don't understand, if any country HAS to print money, why not via direct payments to the public?
by nobrains 6y ago
I don't understand, if any country HAS to print money, why not via direct payments to the public?
- imtringued 6y agoThe usual argument for supply side stimulus is that everyone spends most of their money. So if you give businesses money they will produce more things and grow the economy. The problems start when people are too poor to afford those additional products and companies simply stop investing into growth because they can't sell their products. Once you reach this point, giving them more money does nothing.