Won’t wiping all this stuff just lead us into a Great Depression anyway ? I’m not an expert on the topic but my basic understanding was that we (government) just decided we didn’t have any money, so everything just stopped.
Like shutting all this stuff down or radically cutting it back will surely have some dire economic impacts?
Yes. These cuts will set our nation back by decades. Institutions are being destroyed, and with them cultural and institutional knowledge that will never come back.
The government can just print money. So much so that inflation goes crazy and the national debt is pennies. Same with your savings. We have a lot of savers that are old. Wait until they are gone.
Like shutting all this stuff down or radically cutting it back will surely have some dire economic impacts?