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The people who think we should manipulate the money to "incentivize consumption" have such a bonkers and contradictory duality of ideas as to how people behave that I can't wrap my head around it.

News Flash! You will NEVER need to encourage people to consume stuff, this is the whole purpose of everything and a fundamental axiom of being alive. Nobody wants to live like a pauper for no reason.

The ONLY thing you incentivize by doing this, is WASTE

Milkshake Chicago 0mo ago

"Imagining that central banks can 'prevent', 'combat' or 'manage' recessions is as fanciful and misguided as placing pyromaniacs and arsonists in charge of the fire brigade."

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