Re:How China's “debt traps” work
by aleph_minus_one on Monday October 02, 2023 @04:25PM
(#37743946)
> Why don’t poor people just get more money? It would solve most of their problems.
Well, every clever businessman will simply increase the prices in such a situation since more people can now afford to pay more. Problem solved *not*. Markets are self-calibrating.
Well, every clever businessman will simply increase the prices in such a situation since more people can now afford to pay more. Problem solved *not*. Markets are self-calibrating.