Re:Ask HN: It seems like everyone is getting rich?
by kingkongjaffa on Monday August 30, 2021 @09:34AM
(#28355488)
Maybe someone can explain, but to me it seems there's always been some kind of financial lever to pull to correct during a recession (quantitative easing), I have to wonder will there always be some other mechanism that can be invented(?) to fix things?
When things like national debt far outstrips GDP and everything is hyperleveraged, it seems the way out so far has been to create more.
When things like national debt far outstrips GDP and everything is hyperleveraged, it seems the way out so far has been to create more.