You cannot solve a collapsing economy and a shrinking, aging, lazy demographic of people who don't breed and can't read, by throwing more money at it. That money has nowhere to go.
#economics
quoting
nevent1q…dsly
Laeserin on Nostr: I know they're printing crazy amounts of money, to stave off the inflation, but that ...
I know they're printing crazy amounts of money, to stave off the inflation, but that will just crowd out private investment and cause the economy to run even colder, not hotter, overall. Expect asset and consumer goods/services prices to go down 📉, as the "Strohfeuer" (straw fire 🔥) they are igniting quickly burns out.
You cannot solve a collapsing economy and a shrinking, aging, lazy demographic of people who don't breed and can't read, by throwing more money at it. That money has nowhere to go.
#economics
You cannot solve a collapsing economy and a shrinking, aging, lazy demographic of people who don't breed and can't read, by throwing more money at it. That money has nowhere to go.
#economics