> Raise interest rates on debt. This will cause people to pay back existing debts. At the same time, print money and give it out to everyone. This will give peo

> Raise interest rates on debt. This will cause people to pay back existing debts. At the same time, print money and give it out to everyone. This will give people the money to use to pay back their debts, without screwing over the people who didn't take out debts to begin with, because they still get the money. This absolutely does screw over people who didn't take out debt. Yes you gave them money, but you also devalued the money they already had. And you have just driven up the price of houses and assets even more. > Instead of having asset prices fall to parity with wages and consumer prices and causing everyone to default on their mortgages, we need wages and consumer prices to rise to parity with asset prices. You can't just raise wages and consumer prices without raising asset prices - the people who are getting more wages would either loose that money on higher prices of goods or invest in assets - driving up their prices.