how can they print money as they wish

[kiraak_poradu]

Just now, Amy99 said:

Arere unnava nuvvu ikkade... Happy ugadi... 😄

Anthata unta nentu potha 

[Amy99]

Just now, Kootami said:

 

 

 

Happy ugadi... 

[kiraak_poradu]

Just now, Kootami said:

 

 

 

Lol

[Amy99]

1 minute ago, kiraak_poradu said:

Anthata unta nentu potha 

Hehe.. 

[Ellen]

@Kootami ee deal kotta em kadu. Suggest chesina person idea enti ante, it will not impact tax payers money, janalaki emergency time lo use avtadi ani. Idi initial ga alochana intention manchide aina, it is going to get impacted very  bad eventually . But they are using a new theory called "Modern Monetary Theory" to justify this. The key idea behind this theory is that "aiming for balanced budgets is wrong". I dont know how it works then

[Ellen]

Anyway, I think it is really dumb. Giving the theory a fancy name like "modern monetary theory" will not make it authentic, when the basic economics behind it is downright dumb

[Kootami]

3 minutes ago, Ellen said:

@Kootami ee deal kotta em kadu. Suggest chesina person idea enti ante, it will not impact tax payers money, janalaki emergency time lo use avtadi ani. Idi initial ga alochana intention manchide aina, it is going to get impacted very  bad eventually . But they are using a new theory called "Modern Monetary Theory" to justify this. The key idea behind this theory is that "aiming for balanced budgets is wrong". I dont know how it works then

cash is going top become useless

[Ellen]

14 minutes ago, Kootami said:

cash is going top become useless

Absolutely. Veellendo communist la laga chestunru. 2k iyadamendi asal

[Kootami]

4 minutes ago, Ellen said:

Absolutely. Veellendo communist la laga chestunru. nelaki 2k iyadamendi asal

what if goes beyond this month?? aa tarvatha paristhithi enti

[Ellen]

5 minutes ago, Kootami said:

what if goes beyond this month?? aa tarvatha paristhithi enti

rendu extremes kastame. Money needs to keep flowing in the economy in order to prevent any kind of collapse. Danki basic income okati set cheste better ; and channelize the economic activities towards more useful stuff like producing more health care supplies...dani related supply chain improve cheyadam. While it helps fighting corona, kontha varaku casual labours ki employment create cheyadam lo help avtadi

[Ellen]

@Kootami What i mean is, ee lock down valla andari kanna ekkuva affect ayyedi non essential activities(like tourism, hospitality etc.) lo chestunna casual workers. The personnel can be shifted to essential activities. It requires some care while recruiting, but with appropriate planning you can keep the economy going