Bad news: we're back to 1931. Good news: it's not 1933 yet

[BigJon3475]

Japan had to go through almost 2 decades of stagnation to fix it's economy. Americans would never fall for that.

[GhostInTheShell]

A while back, a user on this forum pointed out that orthodox is not a synonym for truth. If you can be bothered to read it, the following essay articulates options contrary to the ones our officials have proposed and explains the reasoning behind those options:

Deflation and Liberty - Jörg Guido Hülsmann - Mises Institute

[KRAMERCAT]

Originally Posted by BigJon3475

Japan had to go through almost 2 decades of stagnation to fix it's economy. Americans would never fall for that.

Japan's economy is still not fixed, and they have a much more savings oriented country. It doesn't bode well for us.