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That sounds reasonable, but aren't all of those mitigations for after the shit hits the fan? None of options will prevent a crash unless you can actually exercise them pre-crash.


> aren't all of those mitigations for after the shit hits the fan?

Not necessarily. Raising minimum wages or cutting certain taxes are examples of pre-emptive steps political systems can take to increase households' incomes. Making debt harder or easier to discharge, or raising or lowering policy rates, can be similarly prophylactic.




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