In the end it's all a matter of ecomical decissions. You give money away to people, they spend it and a big part of it returns to the state via taxes, if not all. Or you give money to the banks and they loan it to the citizens because their business is to get an interest rate, not simply to store it. Since any transmission of goods or services has a tax cost, as long as the money keeps circling around the state and the citizens benefit from that. The real problem comes when the money stops moving, and that's what has happened here. They are now truly desperate to get it moving again.
The rest of it all -who to give the money first- is more a political than an economical consideration, as it will in the end come back to the state via taxes.
__________________
One day I will return to sea ...
|