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We are still flattening the curve. What is happening right now is the byproduct of governments not wanting to face an economic crisis and a health crisis at th
by JumpinJack_Cash 4y ago
We are still flattening the curve.
What is happening right now is the byproduct of governments not wanting to face an economic crisis and a health crisis at the same time.
Now the health crisis is over (or better yet the panic around COVID has subsided) now we have to face the economic crisis that comes with closing down the world for 2 years.
We have only just pulled that forward. There is no free lunch.
- aaa_aaa 4y agoExcept both crises were caused or amplified by the governments. Not "we".
- somewhereoutth 4y agoThe world wasn't closed down for 2 years. However, governments used monetary policy much too aggressively (printing money) whereas they should have been using fiscal policy (taxing rich people). Now comes the reckoning.
- postingawayonhn 4y ago> There is no free lunch. Exactly, the lost production due to lockdowns and massive government stimulus wasn't free. We're paying for it now.