Printing Money to Incentivize Childbirth in China is a Ludicrous Idea #27

3 years ago

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.

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