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

Ive thought about this very thing myself and the problem is, everything, most countries, private companies are all intertwined and getting everyone to agree on this would never happen. It’s just like when people wanted everyone to stop driving for a day to battle oil consumption or whatever it was. Like no one did it. So the short answer is, no, because people are are greedy and free to be greedy.

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