News for hackers. Stuff that matters.

A comment on US Business Booms and Depressions Since 1775 (1943). Parent comment

Re:US Business Booms and Depressions Since 1775 (1943) by UncleOxidant on Tuesday May 21, 2024 @04:48PM (#40433695)
Lots of things about the Japanese standard of living have little to nothing to do with monetary policy. Being able to park your bike just about anywhere without locking it up and without worrying about it being stolen, for example.
[ Parent | on HN ]
Re:US Business Booms and Depressions Since 1775 (1943) by omegaworks on Tuesday May 21, 2024 @07:29PM (#40435507)
>have little to nothing to do with monetary policy.

False. A monetary policy that prioritizes universal access to basic needs leads to less overall crime. It may not be sufficient, but it is a major factor[1].

1. https://www.nature.com/articles/s41598-020-80897-8

[ Parent | on HN ]