If “value” and the economy are essentially man-made, why can’t the world just sort of… Hit pause to avoid global economic crisis?

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I know there must be reasons and this is a dumb question, but I’m a bit of an abstract thinker and have trouble grasping it from a big picture presepctive. Can someone break this down for me? Can’t we all just kind of agree to just kind of… Reset some numbers or something?
Sincerely,
I’ve never taken an economics class in my life

In: Economics

26 Answers

Anonymous 0 Comments

Economic crisis means that goods and services are not being produced and distributed to the right people and places. We can’t just all pretend that they are any more than we can pretend that the sun didn’t come up in the morning. These are actual things that aren’t at the right spot on the planet at the right time in the right amounts. We’re making too much of one thing and not enough of another. Supply chains have broken down. So on and so forth.

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