Message from @anamnesis6
Discord ID: 693286304963887105
@everyone Daily Question 🔖
**-** What is the most effective way to stimulate an economy? Both during a crisis and during peace.
Duh, big war
its what got us out of the great depression
bound to work
Print machine go brrrr
War time economies are the most productive.
The practical response is increase spending, lower taxes and refine production to be more effective, but those can't be done at the same time except during a war.
i dont think war is a great idea
Total war allows the economy to do away with chaff and oversee otherwise unpopular economic reforms.
No, it has a lot of risks, losing the war is terrible
So is only barely winning it
i think coronavirus is being at least somewhat effective at that, but war would be better
The best way is making the money machine go brrr
Look at interwar germany and france
war itself is destructive
We’re gonna have a economic bounce.
i dont think it would do any good other than get people working
Money machine go Brrrr is a single method, an obvious one and an effective one but it's rather limited.
It often increases bloat in the market.
redistribute the wealth of the 1%
No, seizing the wealth of the rich leads to capital flight and loss of upper outliers.
We could always sell government land.
You want to give it to a bunch of freeloaders so they could buy some beers on a damp Tuesday night?
It can work though, taiwan for example had a rather well impliment georgist system, and command economies can be effective at building industry and dealing with crises.
Buying beers does simulate the economy
Nationalize resources and plantations necessary to resolving the issues
All spending does
leave the 1% with 10m and give the rest to the poor
Like what hitler did
Third way economies are pretty successful.
Like China and Vietnam.
Nationalisation and mergers on the scale necessary to remove bloat isn't acceptable to the general population except during wartime or after a revolution.
@kismet They'll take all they can and flee the country, they'll also be less motivated to work.
I say we just need a really regulated capitalism.
sucks to be them then
National socialism is what we need
10 million might seem like a lot to you, but to besos?
That's an insult.
Reduce the fiscal burden.
keep whatever they dont make off with, and black list them from returning or doing business
It sucks for you, they just removed capital from your country and no longer lend their expertise to you