The International Monetary Mess
If we understand what is going on we can address our problems and those of the rest of the world. The Website "Against Austerity" goes into these subjects fairly well. So rather than repeat I'll critique some of their points.
"Alexander Hamilton, the architect of America’s First National Bank, proved that a national debt, if not excessive, is a great advantage to a modern nation. A sustained economic recovery requires a source of credit which can be neither zombie banks nor the federal budget." [AgainstAusterity]
Against Austerity probably didn't know that Franklin did an even better job of making a case for Government issued accounting money (in his day paper money). Franklin showed that simply issuing paper money that could be used to pay taxes and against tax receipts could boost local economies. Alexander Hamilton was actually not as hot on that idea as Franklin had been. The authors should have cited Franklin.