“An IMF study has proposed a 1930s plan that would magic away government debt and end ‘boom and bust’ for good…” (Source: The Week)
Why does this IMF paper not get more media attention? Because it would increase the power of government and tame the banks?
Did you actually read it? It would cause a permanent state of contraction.
You can stop looking under your bed for big-whatever bogeymen and go to sleep now.