Please consider two articles as you ponder the following thoughts:
Talking about the problem (social collapse) in this way, as if it really were an economic problem of -deficits, money supply, Ponzi schemes, ineffective stimulus programs, inflation or deflation- is ridiculous.
Ben Bernanke looks for-all-the-world like an impossibly harried little Dachshund Weiner-Dog who has learned to catch a Frisbie like a Golden Retriever. But toward what possible fruitful outcome, who can envisage?
The Bankers and Wall Street hocus-pocus men who make massive livings from behind confidential computer screens are again howling for more stimulus. SHOW ME THE MONEY!
It is just as if these swell-swindling-men believe the obsessive-compulsive moral hazard upon which their obscene 100-million-dollar-bonus-existence is predicated -is going to legitimize itself toward better approval-numbers than the 95% of Americans who were against THEM the first time everyone got gouged.
Perception is skewed in this environment of feverish anger in the lifeboats.
The common conception being bandied about implies, that if all the Boomers were again under ten years of age, -all our problems would disappear. Pshaw!
The problem is misunderstood. The REAL problem -is that all the Boomers were once UNDER ten years of age -at the same time-.
Understand that in your conceptual surroundings that make your analytic reality, and you'll suddenly see, this is NOT an economic problem.
Even if there could exist some solution-wizard, the likes of which we all see ourselves in our more vulnerable moments, -the very best we can do, is to delay the inevitable re-emergence of our re-realization of the very same problem concerning the train being off the tracks and headed mid-air down a steep embankment.
If anyone really wants to benefit from this train wreck, I would suggest they start by abandoning the conception about their reality that implies there is ANY economic solution.
Philosophy leads the way -regardless the desirableness of the direction-.
How so? Philosophers will explain very patiently, and with warm intent, -we are all feeble, groping -idiots.
Plan not for better things.
Plan INSTEAD for not letting things get any worse than they would otherwise if our attempt -to ameliorate all our personal perceptual stumbling blocks- gets the better of our foothold on this conceptual precipice from which we ridiculously dangle the belief in these fool solution-wizards of economics.
Woof, woof! -Ben Bernanke. WOOF!