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RE: Covid-19 - Part 5: Possible impact of Government Intervention on the economy

in #covid194 years ago

Thanks, great post. The problem is depending on who is in control of a government structure, they can create laws/regulations which will force the economic system to either benefit the majority or minority of the population, or somewhere in between.

Ideally you want a government structure that always creates laws/regulations that force the majority of the currency in circulation within an economic system to always be distributed to the majority of the population because the spending by the majority is what keeps the economic system functioning.

As we can see from the Covid-19 pandemic, the moment the majority of the population stops spending currency, parts of the economic system begin to collapse.