Re:The tech downturn seen through Hacker News comments
by jjoonathan on Thursday March 02, 2023 @11:08AM
(#34997484)
Yeah, well, if they were to heat up the economy some other way than paying rich people to invest, or cool it down some other way than paying rich people to not invest, it would upset the only people who matter.
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Re:The tech downturn seen through Hacker News comments
by marcosdumay on Thursday March 02, 2023 @05:14PM
(#35002832)
This.
Somehow those policies became the only acceptable ones a government can issue. Worldwide and through all the societies.
It is also an obvious cause of instability, because once you pay rich people to change their investments, it takes a huge amount of time until anything on the real economy changes. I really doubt policy makers run PDI algorithms over their data to attenuate that delay.