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Replying to Avatar Jordan S

One thing that lowkey bugs me is business cycles.

Why can't it be slow, incremental, and constant growth instead of rapid, growth, and decline?

I get it's all part of taxes, income, debt, stipulatiory stimulus, Holiday spending, etc. but why can't we just make more holidays, encourage more spending, and growth?

And I get spending doesn't grow the economy, savings do but why aren't we incentivizing a savings system that allows perpetual growth.

And I get maybe it's principles of energy/life, creation, existence, destruction, etc. but this just bugs me honestly.

#AskPhilostr #EconPhilosophy

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Leathermint 11mo ago

There wouldn't be those business cycles if it wasn't for people playing with monetary policies. They're most likely we'll meaning but do more harm than good in the long run as ultimately a bust happen.

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