This is where we get into my personal area of concern regarding the bailout packages being offered by governments throughout the world (although mainly in the EU and the USA). Monetarist solutions might work, but they can equally drive high inflation which destroys savers and rewards borrowers, mass intervention might work but we underwrite the whole nation for the sake of banks that are willing to socialise losses when they were never willing to socialise profits.
This is where we get into my personal area of concern regarding the bailout packages being offered by governments throughout the world (although mainly in the EU and the USA). Monetarist solutions might work, but they can equally drive high inflation which destroys savers and rewards borrowers, mass intervention might work but we underwrite the whole nation for the sake of banks that are willing to socialise losses when they were never willing to socialise profits.