The major cause of our economic stagnation is that the wealthy have no good place to invest their money in a down economy. Therefore they suck the liquidity right out of the economy to “invest” it in cash or economically useless financial derivatives.
The only solution must include getting this money out of their hands and back into the economy.
Your task, Mr. Phelps, if you choose to accept it, is to find a way to accomplish the only thing that will get the economy moving again.
This blog post will not self destruct, so if you fail to take on this mission, it will be plain for everyone to see.