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by mr90210 1220 days ago
After thinking about such large challenges for a while, I’ve concluded that money alone isn’t enough. Money solves money problems, too much money flowing in the wrong direction solves nothing.
2 comments

+1 too much money flying around just causes inflation, since the underlying resources that the money is trying to allocate remain constrained.

West coast US cities are a perfect example of this, not enough housing means labor resources are constrained which is the biggest input for actually getting things done (fixing problems, creating value, etc).

I think the issue is in regards to who is in charge of the money and what are their incentives.

Overall I believe that free and good(!) basic education independent from status and location is a solution for many problems but it seems that as more capitalistic a system becomes as less incentive there is to actually educate and teach the population.