Its about inadequate finance caused by lack of trust.
Read why, everyone. God this chap is smart.
What's the right way to think about interconnected systems where linkages break down and need to be replaced? Is there are theory out there to help explain trust formation? I know I could google this, but let me be guided by my trusted network on this one. Email me or leave a post in the comments.
Unless the chap's got it wrong, of course. Let me offer alternative reading:
"Can the Rescue Plan Fix the US Economy?"
http://mises.org/story/3119
"Money [...] is just a medium of exchange and cannot create real wealth as such. [...] If the pool of real savings is declining, then real economic growth will follow suit regardless of how much money the Fed is going to pump."
And regardless of trust, or the lack thereof, too.
Nice reading, thanks!