04-28-2020, 02:49 PM
(This post was last modified: 04-28-2020, 02:49 PM by Warren Dew.)
(04-28-2020, 12:40 PM)David Horn Wrote: We're already entering a deflationary period, which is the worst form of economic crisis.
That was true in 2008-2009. The Covid-19 recession, however, is a supply side recession, not a demand side recession. Printing money doesn't work when you won't allow people any additional goods or services to spend the money on. At most it can get us stagflation back, which is worse than what we have now.