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Provinces and cities in China are experimenting with a 4.5-day work week

global.chinadaily.com.cn

5 points by scilro 6 years ago · 1 comment

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RedBeetDeadpool 6 years ago

This is an interesting strategy, has anything like this been done before?

Current monetary policy only thinks about how to get more spending power into the hands of a consumer(lower interest rates, tax cuts, stimulus checks), but now we're seeing the state try to get consumers to spend more by giving them more time to spend what they have.

I wonder why they would resort to this tactic, can't they just print more money?

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