2 ms·
No one can predict with certainty what's going to happen -- but I find that a LOT of these discussions are not very smart, owing to missing basic theoretical co
by jrm4 4y ago
No one can predict with certainty what's going to happen -- but I find that a LOT of these discussions are not very smart, owing to missing basic theoretical considerations.
The only thing that matters is goods and services. People getting stuff they want or need, the rest is accounting. So then:
When the government "prints money" (which happens a LOT) watch who it's going TO. If it's e.g. these larger biz PPP loans, probably not helpful because the rich get richer. Student loans? Will probably go to real people buying real things, so probably a better idea. Still might be long term problems eventually, but historically -- no one (especially economists) has ever actually been remotely accurate in being able to predict this.