If a recession happens in an economy where most people don't work, does anyone notice?
If a recession happens in a country and people don't even notice, is it a good metric?
Please Login to reply.
Do recessions matter, if incomes are smoothed out by the state and the state can print money?
Probably not. At least, not for a long while.
And here's the thing:
The money supply is actually contracting. 🤔