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It's called inflation. If you helicopter money on people they will bid up the prices of everything that they need. We had an experiment with this just a few y
by jimaway123 1mo ago
It's called inflation. If you helicopter money on people they will bid up the prices of everything that they need. We had an experiment with this just a few years ago.
- micromacrofoot 1mo agoexcept that the biggest handouts during covid went to businesses, not people... so we didn't really, it was also a very supply constrained economy which was unique to the situation at the very least locking up a trillion dollars with some douchebag isn't a reasonable strategy against inflation