Jeff the holey
Shows quite a few tail feathers

Some seem to me
Well designed others ,,,less so

"Structural problems "
Means not amenable to effective demand management?

Do you mean a debt trap so deep
all gub spending gets
Flushed down the toilet

as mere " balance sheet adjustments "

The poop shoot end of contracting credit flows

Well half measures indeed will produce
disappointing results

And uncle likely needs to combine
a household debt relief program
That doesn't reward spend thrifts
with a massive employmen maxing fiscal deficit

But uncle can do it
cause in these and like matters
uncle can do as he will
So long as the votin' majority sees it as fair

Hence huey long's menace

like why not
Some sort of one time payment to reduce debt?
if payment exceeds debt balance
it 's your cash baby

Call it a targeted social dividend
Maybe 50k per capita

Imagine the cheers of the suddenly semi liberated
lat alone the near debt free

Ps recent bankrupts might take a claw back hit..
Fairs fair

or do u mean
"Structural problem"
as in
Trade gap ?

Well I submit we cure that after we restore employment
More a matter of sustainability as u suggest
But hardly an
Insurmountable barrier to stimuli
Of the fisc deficit kind

Japan simply dared too little to briefly

Audacity audacity and persistence

I very much like your credit bender
Inflation freak out debunk

Though your we can't know line there
fails to notice uncle don't have to know anymore then when to stop and when to keep going

he'll have a free hand in this
To play it sharp or flat
And as to macro policy management
vs the iron laws of asset markets
Your line on determinates of the interest rate
I thing misses
the nominal discretion availible at all times
to a fearless people's fed

its effects are not only nominal
they are real economy

The notion of loan volume mangement
vs rate control
is right on
And
the new jobs vs the lost ones
Is also on the money of course