While printing money to the extent MMTs advocate is bad,lack of printing during financial crisis is off the scale bad. It puts a gridlock in the economy as ever

While printing money to the extent MMTs advocate is bad,lack of printing during financial crisis is off the scale bad. It puts a gridlock in the economy as everyone, businesses and and banks aggressively reduce real economic activity in favor of collectively hoarding government paper (money and bonds). As your own link explains: "Rather than ramping up spending, Bruning increased taxes to reduce the budget deficit. He then implemented wage cuts and spending reductions, an attempt to lower prices. Bruning’s policies were rejected by the Reichstag but the chancellor was backed by President Paul von Hindenburg, who in mid-1930 issued his policies as emergency decrees. Bruning’s measures failed and only contributed to increased unemployment and public suffering in 1931-32. They also revived government instability and bickering between parties in the Reichstag." Or from wikipedia: "From 1930 onwards, President Paul von Hindenburg used emergency powers to back Chancellors Heinrich Brüning, Franz von Papen and General Kurt von Schleicher. The Great Depression, exacerbated by Brüning's policy of deflation, led to a surge in unemployment.[8] In 1933, Hindenburg appointed Adolf Hitler as Chancellor with the Nazi Party being part of a coalition government."