OK, I'm certainly mystified by how economies work these days....
We just did a Krugman and helicoptered money. I kinda do wonder about getting to an economy that is so efficient that maybe you could just give everyone a stipend. (Although how would you motivate people then? Maybe you don't care) Nobody likes the idea of deflation because nobody's planned for it. Didn't Germany have some negative bonds a few years ago? I don't mind because economic policy has continually punished savers. Doing it yet again.
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In response to this post by ColoVT82)
Posted: 05/21/2020 at 3:38PM