hi doma,
there you go again.
we have discussed this ad nauseam.
your solution is what?
gold isn't an economic solution. it is a form of currency with an extremely variable value and a poor record as a medium of exchange.
austerity? like that is working so well! austerity has had a multiplier higher than one during this crisis. by cutting costs a country's gdp loss increases. there is nothing much more to say than that.
the stimulus actually worked. qe actually hasn't had the immediate hyper-inflation effect you and others predicted.
how much wrong does it take for you to see that your ideas have not worked out and that the zero lower bound has significance?
economic policy is contextual. the time to tighten things up is during the recovery phase. that's to say when gdp growth is resurgent.
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