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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
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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.