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Yeah, the issue is how the cash was spent, who it was given to. I'd rather have money printing be used for long-term investments, all things being equal. But
by orwin 2y ago
Yeah, the issue is how the cash was spent, who it was given to.
I'd rather have money printing be used for long-term investments, all things being equal.
But if it can be done, I'd rather inject it in the real economy rather than in the stock market and second-hand real estate.
Multiple things could have been done to do that. Rent freeze + automatic social security payments (rather than paying the business, you pay the now inactive employees until the economy starts again) would have been great.