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A comment on Learning Not to Trust the All-In Podcast in Ten Minutes. Parent comment

Re:Learning Not to Trust the All-In Podcast in Ten Minutes by KK7NIL on Wednesday November 06, 2024 @02:35PM (#42068007)
This is for Q3 of this year, for which the government is saying we're not in a recession.

The problem with Keynesian economics is that no one wants to turn off the money printer when the times are good.

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Re:Learning Not to Trust the All-In Podcast in Ten Minutes by astrange on Wednesday November 06, 2024 @05:19PM (#42070395)
> The problem with Keynesian economics is that no one wants to turn off the money printer when the times are good.

That's what central bank independence is for. Raising interest rates is effectively the same thing.

Besides that it has been turned off for three years:

https://fred.stlouisfed.org/series/WM2NS

But the US population is getting increasingly older so there will be increasing pressure on welfare for them.

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