>Demand-siders have insisted that we all need to start spending more money to kick the economy into gear. Pretty much. >Broadly, the only tool to do this is t

>Demand-siders have insisted that we all need to start spending more money to kick the economy into gear. Pretty much. >Broadly, the only tool to do this is to "print money"; read: lower interest rates, twiddle with the reserve ratio requirement, directly pay off banks for certain types of activities. Well, those are the only tools central banks have available to them, but there are much better options. Unfortunately those tools are only available to legislatures, who have decided not to use them.