i think it won't work. no matter what package, no matter
how big. the economy cannot bail itself out and finally
all the money the government has, is out of that very
economy.
BUT, if we are honest to ourselves, nobody KNOWS - we
all, explicitly including me, are just GUESSING. after the
fact somebody will have been proven right. inevitably.
before the fact the story is different.
truth is that the economy is too complex a thing to
predict it. in pyhsics, as far as i know (an i am not a
physicist), you cannot accurately calculate the gravitational
effects between more than two objects. in economics
you do not only have humans instead of objects, you
actually have billions of them instead of two or three.
this is the actual reason why everything seems to be
chaotic. it is not that our best minds are unfortunately
in phyiscs and not in economics. it is more the case
that physics problems, including particle colliders, are
very simple compared to the dynamics of the economy.
i do not think the package(s) will do very much additional
harm. the whole thing is already fu**ed. so let them
all go ahead with it.
how big. the economy cannot bail itself out and finally
all the money the government has, is out of that very
economy.
BUT, if we are honest to ourselves, nobody KNOWS - we
all, explicitly including me, are just GUESSING. after the
fact somebody will have been proven right. inevitably.
before the fact the story is different.
truth is that the economy is too complex a thing to
predict it. in pyhsics, as far as i know (an i am not a
physicist), you cannot accurately calculate the gravitational
effects between more than two objects. in economics
you do not only have humans instead of objects, you
actually have billions of them instead of two or three.
this is the actual reason why everything seems to be
chaotic. it is not that our best minds are unfortunately
in phyiscs and not in economics. it is more the case
that physics problems, including particle colliders, are
very simple compared to the dynamics of the economy.
i do not think the package(s) will do very much additional
harm. the whole thing is already fu**ed. so let them
all go ahead with it.