well the Henry report was pretty good in this regard if my memory serves me correct. the thing that stood out was treating all asset classes equally, specifically cash deposits
cash isnt treated fairly, if it was it would mean more savings
the root cause of the GFC is really nobody has any savings, just debt, so the cycle cant kick start itself again
low interest rates should come about due to a surplus of savings, not a lack of them
try explaining that to a Keynesian though, bit tough there, not a bright bunch
