Re:How Poverty Makes Workers Less Productive
by imtringued on Monday February 15, 2021 @05:11AM
(#26141166)
Same with the central bank. Supply side stimulus forever, even though the supply side has been saturated with funding.
It's like dousing a farm field with fertilizers and herbicides to improve yields even though you couldn't sell half of last year's harvest. You end up selling your produce for less than last year even though the value of your company has gone up according to the stock market.
It doesn't take a genius to understand that things are doing better when supply and demand are balanced. You need a combination of multiple strategies.
Actually it's even worse. Too much fertilizer and herbicides will cause unintended consequences.
It's like dousing a farm field with fertilizers and herbicides to improve yields even though you couldn't sell half of last year's harvest. You end up selling your produce for less than last year even though the value of your company has gone up according to the stock market.
It doesn't take a genius to understand that things are doing better when supply and demand are balanced. You need a combination of multiple strategies.
Actually it's even worse. Too much fertilizer and herbicides will cause unintended consequences.