What If There Is No Iflation
If you stop printing money, you would need some pretty drastic changes in government beforehand, or some pretty revolutionary thinkers in there because, in the current state, things would get pretty bad. The government would start going to the private sector for loans, crowding or genuine investment with ways to finance government spending. Taxes would increase for the same reason. We would be in a recession, as loans dry up and taxes rise. Possibly even stagflation.
But this is not me advocating for monetary inflation or deflation or manipulation of interest rates. This is only the case of government stays its current course.
Leave What If There Is No Iflation to:
Best Posts From verus
We have not curated any of verus's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.