Print Less but Transfer More
Why Central Banks Should Give Money Directly to the People
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Narrated by:
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Kevin Stillwell
Summary
Most economists agree that the global economy is stagnating and that governments need to stimulate growth, but lowering interest rates still further could spur a damaging cycle of booms and busts. Instead, central banks should hand consumers cash directly.
©2014 Foreign Affairs (P)2014 Audible. Inc
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Clear and concise
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this sounds like a good idea, until you see how history went down, and accept that it's likely that those profits would get lost along the way in cyclical events like wars or a pandemic, or in bad investments and planning, in the end, leaving not much for those benefits. i wonder how often do 15 year investment plans go exactly as estimated...
interesting
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Fantastic story
Great!
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