Regular economic thinking doesn’t work on the scale of nations. Just like a family having debt is not the same thing as a country having debt.
Pretty much everyone in the world has no full idea how an economy works and how to best stimulate it. It’s like a trillion moving parts and smart asses always go “yea this pin over here? That’s the one that’s the problem / solution”
Pretty much no-one knows. We have ideas what’s better / worse but anyone who tells you they’ve got it figured out, is lying.
Regular economic thinking doesn’t work on the scale of nations. Just like a family having debt is not the same thing as a country having debt.
Pretty much everyone in the world has no full idea how an economy works and how to best stimulate it. It’s like a trillion moving parts and smart asses always go “yea this pin over here? That’s the one that’s the problem / solution”
Pretty much no-one knows. We have ideas what’s better / worse but anyone who tells you they’ve got it figured out, is lying.