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longtermd | 5 years ago

Nope. Because they have already paid all of this in taxes. It means, that the 10 bn won't get 'invested' by the government in another project, e.g., welfare benefits, infrastructure, health, or education. Alternatively, it means: nothing of all of those, but inflation will rise an additional 0.0001% (if the funding source is printing money vs. using tax payer money)

discuss

TekMol|5 years ago

There is no direct link between printing money and inflation. But 0.0001% seems too optimistc.

For example the EZB has about 5 Trillion Euros out. 10B more would increase the amount of EZB money by 0.025%.

hanniabu|5 years ago

> There is no direct link between printing money and inflation

what....

econcon|5 years ago

Airline is the infrastructure tho, cheap air travel is available throughout EU. If you remove that, economy will take major hit. There is hardly any reading block with cooperation like EU. You fly from France to Italy and work with people there then you fly to Switzerland and demonstrate your product their and then you deal with marketing agency in UK to market your products at global level. It becomes inefficient without cheap air travel.

luckylion|5 years ago

That sounds like an ad for some lifestyle product, not reality. Frequent in-person meetings aren't that important to the economy. It's cheap, quick and simple transport of goods throughout Europe that is important, not some executive traveling to four countries in an afternoon.

alexott|5 years ago

Lufthansa is never close to cheap flights...

odiroot|5 years ago

> Nope. Because they have already paid all of this in taxes. It means, that the 10 bn won't get 'invested' by the government in another project, e.g., welfare benefits, infrastructure, health, or education.

Knowing the German government, I wouldn't be worried about welfare and healthcare (they're too important to get the votes).

But you're right about infrastructure and education. You can throw defence and internal security with that.

Flip-per|5 years ago

The bailouts that are happening now will increase the state debts, so no, they did not pay all of this in taxes already.