> You are fooling yourself if you think that this won't affect you just because you don't live in the US.
You're right of course. Economies are chaotic dynamical systems. Precisely, what I meant was "there is a high probability that I will suffer less from immediate externalities associated with this policy than those living in the US.". Thus, my risk in the near term is lower, and my assumption is that if it doesn't work that in the long term my country won't copy the mistake. I could be completely wrong here as well, but anyway my main point was about policy methodology.
You're right of course. Economies are chaotic dynamical systems. Precisely, what I meant was "there is a high probability that I will suffer less from immediate externalities associated with this policy than those living in the US.". Thus, my risk in the near term is lower, and my assumption is that if it doesn't work that in the long term my country won't copy the mistake. I could be completely wrong here as well, but anyway my main point was about policy methodology.