About 10 days old, but I came across the following on Brad Delong's blog in discussing what Obama should do:
http://delong.typepad.com/sdj/2011/09/thughts-on-paul-krugman-on-macroeconomic-policy.html
In particular, I would direct you to sub-point #1 on his list.
(Waiting)
Got gold?
Broken Money
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