Easy Money - Easy Street

By favoring banks financing the “safer” present, public debt and residential mortgages, over the “riskier” future, loans to small businesses and entrepreneurs, the regulators, generously assisted by central banks with abundant QE, and by the MMT preachers, provided the last generations loads of Easy Money, something which allowed these to live very happily on Easy Street. 

But, now it is all coming home to roost. Nations, needing more debts in order to service their current debts, are turning into zombies. 😢

Q. If we compare the economy to a human body, have not regulators, with risk weighted bank capital/equity requirements, imposed a lousy diet with way too much carbs and way too little proteins? Has that not produced dangerous obesity? 😡