economyFrance
Printing Money to Incentivize Childbirth in China is a Ludicrous Idea #27
Some influencer economist proposed that China print trillions of yuan and give this money to young couples to incentivize childbearing. The idea is ludicrous in (a) its method, money-printing, and (b) its goal, population growth in China.
Published by Dr Jiulin Teng on 13 Mar 2022 · Updated on 13 Mar 2022
Some "influencer economist" proposed that China print trillions of yuan
and give this money to young couples to incentivize childbearing. The
idea is ludicrous in (a) its method, money-printing, and (b) its goal,
population growth in China.
In this podcast, I lay out the specific set of circumstances where money
printing might be considered as a policy tool: specifically, it should
only be used to restart the economy after a recession. I also argue that
any population growth at this stage would have negative short-, mid-,
and long-term effects on the Chinese economy and the stability of the
nation.
