Topic: Is the economy supposed to be a political tools? - page 2. (Read 557 times)

The easiest solution to get rid of this problem is to print more cash.
You need to bring the economy and life back to normal as soon as possible and to compensate all the people who have been affected by the policies of social separation, the easiest solution is to print more cash.
It will lead to many problems in the future, but it is the only solution currently proposed.

That’s what it is, you can’t question the government on the decisions they make, they do whatever pleases and don’t care if it’s affecting the people or not. They go in there with promises that they are going to make the country a better place, but when they go in they make it even worse than it used to be. And this is a serious case in the developing countries, and you know why? These countries are already in a bad condition and still struggling to grow, but their governments keeps messing things up.

These are the countries that are going to be facing the consequences more than the countries that are developed. For the people whose government is not planning/working for their betterment, bitcoin must be a savior for them because it will at least help them to save their hard earned money in most secured way and also bitcoin is a proven tool against hyperly inflated fiats.

Economists are part of the government too and they are abreast of the impact of their involvement on the future economy. Let me also tell you that every government have contingency plan but in some cases that there are crisis with no one certain when the crisis will stop and the overall effect on the economy, there is need to take quick actions that might reduce the present effect of the crisis on the economy. You are talking about future plan when no one has better alternative that might solve present economy condition.

Almost all state leaders use the economy as a political tool to find the sympathy of the people. But not everyone can use
economy as a political tool, but only people who have power can afford it. And many dirty leaders are using the economy
as a political tool won the election. Which in the end after being elected, the leader use of power for corruption. Actually it
is better not to use the economy as a political tool in my opinion, because many are misused by politicians.

I would like to convey my own opinion and information about the subject you are talking about a little and the information about the subject you are talking about. First of all, as long as free cash is continuing, long-term economic problems will arise, and most importantly, inflation will increase unexpectedly. Although this is known not only by economists but by many, there is a fact that the world economy is no longer shaped by the economic conditions or the moves of the central banks. Politics has become a very effective weapon for the change of economic conditions today and all economic conditions that can occur with politics can change. That is why it has been very difficult to predict the future of economic conditions. Even the smallest political events affect the markets and the world economy, causing the economic balance to shake.

The continuous printing of money hampering the economy and quality of life in the long run will be true if the country is experiencing normal conditions and not an exceptional situation.
The comprehensive closure and social divergence created an exceptional situation that made some solutions that were bad in the past the best solutions in the present and made the printing of money a sound solution so as not to stagnate and people fail to buy and sell, they are the best solutions and they have no harm because it is an exceptional situation.

It is just because government are really rooting for a full control of the people, that's why they are taking advantage of this pandemic. I know that it is hard for us to survive this pandemic but the government should help us properly and give reasonable support to sustain our lives during this pandemic, especially those people who are really in need. Politics should not be the focused right now by the government, they should prioritize humanity because if you help people during this pandemic. They will take this opportunity to give thanks to you and earn their trust especially that people are the one who are voting those political positions during elections. As the governments are doing their best to help the economy recover, they should also help the community.

Some maybe yes, but some maybe not. But as far as I can see, some countries are really taking advantage of this pandemic to properly manipulate its people and control how things go. Politicians are using this pandemic to help people and have a good image so that when the next election comes, people will vote for them.

But that's an old style of a campaign, helping people during crisis is really a cliche thing that most of the politicians are doing.

They are using this pandemic to steal a lot of money. I'm not saying that all of the government officials are doing this but still a lot of them are corrupt. They are not properly allocating the money that they are holding or borrowing from World Bank, or the budget that supposed to be used in a health sector and for the community.

Who controls the money control the country. Kings or presidents, it's the same thing for me, with a different name. Economy is a tool, and it can be used for good or bad, depending on which hands control it, and personally I don't think it's used for good, at least not for the majority of the world population. I think the economy should serve all of us, not just some people like politicians and kings.

Don't forget the elections, Trump is probably everything he can to delay the effects of a possible recession during his mandate. If the recession strikes before the election he will probably lose them since his major achievement was about the economy.

Before the governments the economy was the tool of the Kings of every country. Even now many countries still have very wealthy kings, most of the times with limited powers. So in the end the government is just the aggregation of all the people in a country. Without such a pooling of powers by a government, the people would look very bad compared to other countries.

There might some bad consequences from the government, but without it, it would be even worse.

I think the economy is a management tool in the hands of the government. After all, the government takes all decisions taking into account the current situation on the country's market and regulates this situation by issuing various resolutions. In a crisis and taking into account the economic decline, the government takes forced measures and this can cause inflation and other negative consequences for countries.

There is nothing wrong with printing money with or without collateral. As long as the use of printed money is for the productive sector as well as real projects as collateral. Not for import activities or paying for coupons or debt. Japan succeeded in printing money as well as China, the two countries rapid development and growth. Print money guaranteed by debt securities is a way to withdraw cash (dollars) directly to the state treasury. But printing a new style of money can be with a sovereign wealth fund or project-based without having to issue bonds. China prints renminbi to attract dollars into China.

Economic programs are more often colored politicized so that they are not really formulated carefully. Economic programs are more political in nature only to boost the image of the authorities than for programs that truly empower the people's economy. The politicization of the program creates wealth and artificial growth. Politicization has made the economic program lose its substance, become more wasteful, ineffective, and even ironically is an increasingly heavy budget burden because the foundation is foreign debt or imports. The majority of economic policies are only reactionary and do not touch the problem substantially. Not to mention the government opposition who want a situation that is always not conducive.

The most important of a leader and government official is a strong character and dare to challenge the flow. Because an idealist when he is in the office is usually carried away by the oligarchs and plutocrats in power so that his idealism is lost by the flow of the system that has been created and running.

You are right partially.
The last sentence is quite questionable tho.
World changes the fastest when people's mind changes, not when you change the law - that is the main issue.
People all over the world should understand why do they need those changes and start to will a change

You said it your self, printing money is going to affect the economy badly in the long run. But the government is thinking about the short run. They know that bad affects that is going to take place, but to win peoples support they need show that they are fixing the economy. Thus, they start taking those stupid decisions. So, I guess they use economy as a political tool which they never should. But, yeah they are corrupted af and doesn't care about anything as long as they hold the power.

Most of the political leaders look for their own benefits on every activity in their government that is why they are concentrating on shirt term goals and forget about long term and also their ruling period is limited so why they want to do for long term.

If a government wants to make their economy strong they have to help the people to make money which will automatically make enough earning to thr government which won't bring any inflation as well.

Nobody is in control
but this thread reminds me of a lecture Andreas did a couple years back
Money as a system of control

have you watched it?

https://www.youtube.com/watch?v=FyK4P7ZdOK8

30 of September of 2017.

I guess you have a decent economic background which is great. I also understand that the body making policies and those printing the bills are independent at least on paper. But I strongly feel that behind the scene of what we don't see, there are a lot of interconnected powers playing out, of which the government is always the mastermind.

I don't think they don't benefit directly from passing abusive law, but these last few years we have seen cases in which politicians literally sold their votes for a few thousands. If we could put a number on the damage some of them have done for a handful of dollars for their campaign, the public opinion would be outraged and push them out in an instant.

This is easy to explain, for politicians everything is a tool that they can use for potential gain and if that means destroying the economy so be it, there are very few politicians that actually care about the people they are governing, they care about themselves and nothing more, and while an economic crisis is bad for the people it is good for them as it gives them a chance to pass even more exploitative laws, this is why we need to separate the currency from the government and bitcoin is the first real challenger to appear in hundreds of years to the current model.