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Showing posts with the label corona

The consequences and ways to control the economic shock of Corona

Corona is one of the few crises that has shaken both supply and demand shocks and limited both. Now the demand shock is much more important and policies should be more focused on maintaining demand and reducing demand shock.
Creating money in the short term to maintain demand and help those affected by Corona can have a positive effect and few negative effects. Of course, it should be noted that this policy should continue in the short term and for the next four months at most
Inflation is important, but now and in the current situation, it is not our priority and we should not worry about it. Reducing demand can have multiplier effects and must be controlled
Iran's debt bond market is small and domestic. Its interest rate should be high enough to encourage people. Its competitor is the capital market. Debts can help raise funds to deal with corona, but not much
We need to make sure that Corona's impact on the economy slows down in the next three months. I don't think it will …

The need for change for an unknown phenomenon

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These days, Corona has become a hot topic in domestic and foreign circles, and so far there have been various discussions about the economic consequences of the virus.

A look at the content published in the domestic and foreign media shows that there is one thing in common. Almost none of the consequences of this virus are clear and relatively accurate, and only a series of possible probabilities and scenarios are being investigated.

In the third decade of the twenty-first century, the world economy is facing new and amazing phenomena that have no estimates of its progress and the possible consequences of the recession. If the global recession hit the world in 2008, there would have been a recession in the early twentieth century and there would have been lessons to be learned. But now there is no previous experience of the economic consequences of the Crown recession.

Failure to recognize the new phenomenon, which is creating a stagnant recession, has made it difficult to deal with.…