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.
Discussion
And here's the thing:
The money supply is actually contracting. 🤔
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. 🤔