Comments by "Ray Bod" (@raybod1775) on "Recession Fears Lead World's Wealthiest to Stockpile Cash" video.

Recessions are necessary in a capitalist economy and trying to avoid them by constantly pumping money into the economy, like most countries of the world are doing now will only make things worse, like the crash in 2008. Recessions are necessary because the weakest borrowers, businesses and individuals, simply exist economically on borrowed money and become too much of a burden on the economy. It's like you're trying to keep a boat moving and you need healthy rowers to keep it going. There are zombies on board (like zombie businesses). At first, it doesn't matter because there are plenty of healthy rowers. But after a while, the zombie disease spreads and you have too few rowers. Had you gotten rid of the zombies when there weren't too many (a small recession), it wouldn't be so difficult. But the longer you wait (by printing too much money and making it cheap), the harder it is to clean up zombies (like in the 2008 crash).
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