It seems that what you are proposing is extremely difficult to actually pull off. Increasing the money supply accomplishes the same thing but is easier to actu

It seems that what you are proposing is extremely difficult to actually pull off. Increasing the money supply accomplishes the same thing but is easier to actually do. Plus inflation encourages spending and investment instead of hoarding money, which tends to happend in recessions. I think Keynesians like the approach better, not that they have never thought of any alternatives.