https://thechinaacademy.org/ex-greek-finance-minister-suggests-china-give-money-to-every-citizen/ an intellectual content network dedicated to illustrating how key dynamics shape China's view on the world Thu, 07 Nov 2024 19:54:27 +0000 hourly 1 https://wordpress.org/?v=6.2 https://thechinaacademy.org/ex-greek-finance-minister-suggests-china-give-money-to-every-citizen/#comment-5877 Thu, 07 Nov 2024 19:54:27 +0000 https://thechinaacademy.org/?p=100029737#comment-5877 Better to cut tax. Much more efficient. Giving away free money inevitable results in inefficient allocation of resource. People buying more alcohol and cigarettes does not necessarily boost the overall economy.

]]> https://thechinaacademy.org/ex-greek-finance-minister-suggests-china-give-money-to-every-citizen/#comment-5739 Tue, 05 Nov 2024 05:31:11 +0000 https://thechinaacademy.org/?p=100029737#comment-5739 It is a very good advice. Give people digital money (like in the past) and ask them to spend it to boost economy. And it would be good a!so for other nations.

]]> https://thechinaacademy.org/ex-greek-finance-minister-suggests-china-give-money-to-every-citizen/#comment-5628 Sun, 03 Nov 2024 08:45:34 +0000 https://thechinaacademy.org/?p=100029737#comment-5628 Has lots and lots of merits as Andrew Yang was trying to implement something like that! Essentially a consumer self driving economic fuel though via macro economics interventions etc. must be means tested though and restriction applied on what to spend on. If such was the case then China never collapse or depression…

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