What government needs to do is to spur real economic activity - as it were, there are whole sectors begging for it, like investment in public transporation or renewable energy infrastructure.
Why has it taken a crisis of immense proportions to make what was absolutely clear a decade or two ago, the true solution (if there is one.) Occam's Razor. "Life shrinks or expands in proportion to one's courage." - Anaïs Nin
Fiat money creates fiat finance where obligations are valuable for exactly as long as people believe they are, and no longer.
Reality-based economics, based on tangibles, is so drama-free and boring in comparison.
US congressional reps, House and Senate, require HH indenture in order to (1) secure aristocrats' ownership of production, real property; and (2) guarantee revenue streams to aristocrats from HH debt obligations. Diversity is the key to economic and political evolution.
