"It's just not that easy to figure out how to stimulate an economy in this condition,"
Stimulate the economy? Better curb it, ostracise it. You can not patch a system that met its boundaries, as witnessed by referring it as being in 'this condition'. That has so many holes.
And that is what someone does, trying to find solutions within the system. You need to go out of the system
Keep what it's worth, the 'goods' and the 'services' and scrap everything else. What, to create jobs, for the sole reason to maintain (or increase) a wasteful manic consumption, as the article declares
"... needs Americans to spend, spend, spend, and not to save."
which, as everybody knows, all these money, will find their way into deep fat pockets.
Use instead people dedicated and willing to furnish 'goods' and provide 'services'. The intrinsic value of 'goods' and 'services' stripped bare from the crutches of money, become paramount.
Their production, dispatch, distribution disengaged from the money medium, and become gradually available to all.
Scrap money.
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