Thinking is not allowed in economics if one
wants to get paid. Since I am doing this for
nothing, I can think to my hearts content. You
can think also provided your life and income do
not depend upon your not thinking.
Stimulus does have an effect on the economy but it is not the ostensible effect that is the stated
goal of the initiative.
So, does the economy need to be stimulated with monetary policy or fiscal policy now or at any other time? The answer is yes if you are a politician, the actual recipient of the initial money or an average citizen who unwittingly believes anything he is told.
It is understood and acknowledged, even by economists, that any stimulus program must be
completely objective. In order to be objective, an economic decision is completely necessary.
Given that governments can only make political decisions, objectivity is not possible.
How, is it known that stimulus needs to be implemented? That requires a reliable forecast? When
was the last time economists, even the best in the world have made reliable forecasts? This is a
skill economists don’t have.
Any stimulus is added at a time when all are clueless as to what is coming next.
Stimulus is provided regardless. The money is always used by the initial recipients to make as
much money as they possibly can in the shortest period of time. Hence, our current stock market
Are you studying economics? Show this to your professor and ask if he agrees. Ask Gerome
Powell if he agrees? Then ask, if either cares to debate me. What I am telling you hear is self
evident,. So, is it possible for anything to be self evident? According to the U.S. constitution the
posture of self-evident is completely viable.
by their Creator with certain unalienable Rights, that among these are Life, Liberty and the
pursuit of Happiness.”
So, here comes the next round of stimulus? Who benefits and who loses?