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Comment by seibelj | Hacker News Reader

The entire world has collectively decided that recessions are unacceptable, so all central banks will print as much money as necessary to ensure no pain is ever experienced by anyone except prudent savers. Watch the printing presses get ramped up, I assume everyone in the USA will be getting a few thousand bucks in the mail soon.

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Are you saying that you think central banks will overshoot their inflation targets? Or that they'll hit them but that you don't think they should have those targets?

If we can avoid recessions, we should.

If we can create wealth without inflation, we should.

If you're not sure if you can, probably you can't. At this point nothing indicates that we've learned how to reliably avoid recessions. Quantitative easing and negative rates don't look like the Holy Grail, quite the opposite.

Absolutely disagree with this sentiment. Avoiding recessions pushes for a change in the rules of the game allowing unhealthy practices to go on unpunished in the market. This is incredibly unhealthy in the long run.

Free money doesn't help if nobody is willing to borrow it. US government needs to have targeted lending programs for impacted industries ready to go.

Well then you do some quantitative easing and all is well again ;).

That won’t do anything but raise prices if the economy isn’t producing.

peaking at the repo market and watching the inadequate pumps is concerning when the slow down really happens

Bring in the helicopter money.

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