Steve Randy Waldman on Nostr: one way to overcome deflation without going "welfarist" in the way Xi (misguidedly) ...

one way to overcome deflation without going "welfarist" in the way Xi (misguidedly) fears would be to fix this, and finance decent public health care. healthy people who need money for food are the best workers! subsidizing high quality medical care for all would make a sizable economic stimulus!

re nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqqdc4s7h99g4awkzrh3r09r95mttt4rqavvfndsge3dtjcns23wtsh5ary8 (nprofile…ary8) https://bsky.app/profile/beijingpalmer.bsky.social/post/3lfpwhp64422l