The government is limited in monetary policy by inflation.
Of course, the Petrodollar doesn't really have this problem, but it ends up exporting inflation around the world.
zephyreks
joined 2 years ago
Just blend it all together and ship it to North America as house blend. Someone will drink it because we have no standards.
There's no way the in order A53 from 2012 gets even close to the performance of the OoO A78 from 2020.
There are... Solutions to the passport problem
That's the cost of designing education for the worst students.
Sweden realized they couldn't join NATO if they invited Chinese expertise to help build a nuclear power plant.
Stopping climate change by...
Removing fossil fuels from the grid? Reducing methane leakage in natural gas transmission? Developing domestic nuclear energy?
Maybe reducing car-dependency to make more efficient use of land and reduce the excessive amounts of taxpayer money being dumped to subsidize suburban development? Reducing inefficient flights between close cities (LAX-SFO, BOS-JFK-DCA)? Building more efficient buildings?
How about taking advantage of the already insanely efficient supply chains in China that allow for the development of sub-10k EVs? Helping those companies launch in the US and bring their expertise with them to accelerate the EV transition like China has?
Nah, let's just give some more money to a few big EV manufacturers, I'm sure that'll fix everything.
Loans are costs too. It's tying up capital that could be used elsewhere
neoliberalism in a nutshell
Taiwan literally had a government intervention to launch TSMCcand developed their university system around TSMC being the crown jewel of employment, while the US has had dysfunctional support for anything STEM that succeeds in spite of itself.
No government is going to toss millions of dollars at a project that gets no results
Doesn't stop Ukraine from buying drones built by Xiaomi and sold/distributed by Alibaba.