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Believe it or not those are not the only options. Plus the government isn't going to just take the money out of circulation so it won't really fix anything.
by _-david-_ 5y ago
Believe it or not those are not the only options. Plus the government isn't going to just take the money out of circulation so it won't really fix anything.
- bryanlarsen 5y agoWhat are the other options? Raising interest rates substantially usually causes a recession, balanced budgets always cause a recession.
- _-david-_ 5y agoYou will need to provide some evidence to your claims. There is another choice though, stop printing money for a while.
- bryanlarsen 5y agoThe proof is easy, look at the times the US has had balanced budgets and then look for recessions following a year or so later. Works all the way back to Andrew Jackson's time. As for stopping printing money, the Fed did that last summer.