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What if the people who run the economy poured money into public
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What if the people who run the economy poured money into public investment instead of funnelling it into wall street?
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>>1314441
spend money for the masses? wheres the profit in that?
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>>1314453
People would buy things here and companies would make profits on the price of the thing they're selling vs the cost to produce it.
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It's much more profitable for companies to have cheap money to pour into buybacks of their own stock, produce if you can overseas but keep costs almost at a zero. Long term it is only sustainable if you can keep the growing mass of superfluous population in line, which they're.
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Eventually inflation, which would be countered by a well designed monetary policy.
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>>1314441
https://mises.org/library/central-fallacy-keynesian-economics-0
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