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Originally Posted by Rob Instigator
Is this not just a fucking CON-game? a flim flam? Any supposed benefit the economy would get from this would be purely cosmetic and purely in the short term, benefitting the staus quo administration in their political ends this upcoming election. they can say they "did something"
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pouring a significant amount of $$ cash into the market can lead out of a recession IF and only IF the new $$ actually enter a production cycle (production+consumption+new valorisation). rifles or cars or mobile phones or whatever, it doesn't matter.
other than that, methinks all economy, productive or not ,is just a variant of that pyramid-sheme con thingy, and not the other way around. the catch is that the bosses can't continuously make more $$ out of thin air;
we'll see. a real, fat crisis seems to be underway, but imho it won't be like the previous ones. and there's infinitely more safeguard measures available now than in the interwar period...