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3 comments

[–] ScorpioGlitch 1 points (+1|-0)

They want people to sink money back into savings accounts and investments, get it off the streets and stop taking loans. It's a risky play since the way you get out of a depression is to spend like crazy.

[–] Tedison [OP] 0 points (+0|-0)

Can't spend money you don't got.

[–] ScorpioGlitch 1 points (+1|-0)

With a fiat system, putting that money back in the bank creates more without printing it. Printing money is what causes the worst hyperinflation.

Nonetheless, Argentina is pretty much gone. They might as well just shut it all down and revamp the economy completely before it gets too bad.