An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Why on earth would we stimulate housing prices? falling prices will allow people to more easily afford homes while accepting lower wages at jobs. This is how economies recover from recession. medicine tastes bad, but sometimes you have to take it. to keep housing prices artificially high means less people can afford it and more people have to use more of their limited resources just to live. if it cost less, maybe they could buy other stuff, and put more people back to work. Hazaaaah.
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