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by littlestymaar
3143 days ago
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That could be a good idea, even though we don't really know the impact it will have on inflation. Imho, the impact would be close to zero in nowadays economy where the lack of demand is much more of a problem than an hypothetical shortage of goods. In the long run though, the demand would catch up and the supply could be the limit, like it was after the first oil crisis. Personnally, I'd rather give the money to the governement like we did in the keynesian golden age, because it fuels the development of infrastructures, housing and social security. And at our point in history, it could be used to transition to a sustainable society. But that's because I don't trust the market on this, I'm kind of a socialist. > am sure it would do more for the economy than just pushing banks to lend more money. This is such a failure (esp. in the EU) I don't see how I could disagree with you on this. |
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