[ELI5] Why can’t we just reset the economy?

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First of all, parson my ignorance. But since we’re heading towards a depression, why cannot we just make a reser and start from where we left of? Or from a certain period of time.

What are the drawbacks and reasons we can’t.

In: Economics

7 Answers

Anonymous 0 Comments

You can’t rewind it because people would have to return goods and services that have already been consumed, undo work that’s already been done, and forget things that they’ve already learned.

You can’t pause it because then people couldn’t get the goods and services they need, other than by violent force.

Also because communications are part of the economy, without it, people wouldn’t know that it was paused.

It has to move forward, however well it can.

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