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
Im trying to be optimistic and cant exactly answer your question. The Spanish flu did cause a small economic slow down, but it was also after a world war. The world survived. Economy’s recovered.
The world is more intertwined than before, and I’m sure in 6 months we’ll be back at it again. We will recover. A reset isn’t necessary unless the us dollar collapses. At which point we will go back to gold standard again – that’s kind of when a “reset” would happen.
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