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Honestly? They've got to let the damage happen. Were in this mess because every time we got close to a recession the central banks would cut interest rates to k

Honestly? They've got to let the damage happen. Were in this mess because every time we got close to a recession the central banks would cut interest rates to keep the economy going, more money would get pumped into the economy and asset prices would keep on rising. We need a recession to kill inflation, destroy unproductive assets and give us room to grow again. The aversion to recession is destroying us.

tekknik 3y ago
> The aversion to recession is destroying us. The aversion to recession comes from people disliking the idea of losing their job, house, way of life, hell maybe even their family. This is like saying some people need to suffer and lose everything for the greater good.