Re:Federal Reserve slashes interest rates to zero
by chrispeel on Sunday March 15, 2020 @08:27PM
(#22588331)
Maybe in some sense this would be admitting that capitalism failed, but not in some bad sense. Any monetary policy at all is acknowledging that we want a closed-loop to keep the economy stable; this closed loop is an acknowledgement that anarcho-capitalism (without any feedback loop) is not stable.
Helicopter money seems reasonable to me. Depending on how it's delivered, it could act like a temporary UBI.
Helicopter money seems reasonable to me. Depending on how it's delivered, it could act like a temporary UBI.