The average person in society doesn't have the knowledge of a high school economics student though. Even those that learnt eventually forget it. There's always

The average person in society doesn't have the knowledge of a high school economics student though. Even those that learnt eventually forget it. There's always an implicit older == smarter bias in society but I doubt many people who passed with good grades in high school economics are good at the basic concepts into their 30's. Not to mention the MMT experiments that have been undertaken in the west over the last few years. I'm not even sure MMT proponents understand the consequences of such things. There's been a lot of resource misallocation that no one seems able to take responsibility for. GDP, inflation, interest rates, etc are oft considered the main KPI's for politicians by the people who vote for them. It's a dismal science even for those well versed in its ways.