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Pheu Thai’s ‘Ultra-Populist’ Digital Wallet Could Backfire: NIDA Academic

webfact
webfact
in Thailand News - Discussion

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As the US is currently (re)proving, if you hand out/spend far more than you take in in taxes, inflation goes through the roof and no one is any better off.

 

Fun party, but the hangover sux.

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    • SABloke
      SABloke

      Could be good for local economy, but I suspect that the true locals won't benefit. I'm assuming that the local mom 'n pop shops in rural Thailand won't necessarily have the means to accept Digital Wal

    • OneMoreFarang
      OneMoreFarang

      Now how many of the Thaksin voters even understand the concept that the money has to come from somewhere? Give it to us, we don't care where it comes from. Yeah, sure. 

    • 2baht
      2baht

      Come on, shoot the works, give them 50,000!  

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