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IPFS News Link • Economy - Recession-Depression

Here's What the Government Should Really Do in the Greater Depression

• https://www.lewrockwell.com, By Doug Casey

"We," of course, is the government. Everyone believes it should "Do Something". And it is.

But why deal in half-measures?

Why only send everybody a check for $1200? Why not buy everyone a new Cadillac to get Detroit back to work, a big new house to help builders, and a $10,000 check that must be deposited at a failing bank and then spent at Victoria's Secret.

A plan like that certainly sounds like more fun than what I'm going to propose. Especially since Americans are going to be a bit short on fun over the next little while.

They used it all up over the last generation.

I've explained elsewhere why we're embarked on the Greater Depression. That's a done deal. But here is what needs to happen if the depression is to be as brief and as therapeutic as possible.


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