Yeah but it's somewhat right what op said: because of that crisis, all they are willing to do now is save. Save save save. They'll spend nothing at all, too hun

Yeah but it's somewhat right what op said: because of that crisis, all they are willing to do now is save. Save save save. They'll spend nothing at all, too hungover of the bubble burst. You can double the supply, they ll double their stash so you ll have very low circulation. And they wont borrow, too afraid of defaulting, so banks dont know what to do with all this stash. So in effect they burn the money supply, and any attempt at changing this must first tap deep into this fundamental fear.