How to “fix” the economy. The big question is can the economy consume enough to grow constantly? If the answer is yes then the current recession is simply an example of “swarm” behavior in accordance with information availibility. This would indicate a “boom” would happen just as quickly as this last downturn. If the answer is no and people reduce their consumption to the minimum needed to live then we have a big problem.
In order to fix consumption I would look at bosting consumable items that produce very little real world value. basicaly use stimulas to boost virtual items like music, games, video, books, etc. This will provide the most bang for the buck. Any stimulus aimed at hard material consumption will simply be to distructive to sustain in the long run and would colapse the economy. You can grow an economy from industrial to information but not from information to industrial.
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