This is an interesting strategy, has anything like this been done before?
Current monetary policy only thinks about how to get more spending power into the hands of a consumer(lower interest rates, tax cuts, stimulus checks), but now we're seeing the state try to get consumers to spend more by giving them more time to spend what they have.
I wonder why they would resort to this tactic, can't they just print more money?
RedBeetDeadpool|5 years ago
Current monetary policy only thinks about how to get more spending power into the hands of a consumer(lower interest rates, tax cuts, stimulus checks), but now we're seeing the state try to get consumers to spend more by giving them more time to spend what they have.
I wonder why they would resort to this tactic, can't they just print more money?