Look at how well "printing more money" does in a crisis. Its a get out of jail free card for the politicians in power. They just pass the mounting debt onto the next generation. Happening in nearly every country on the planet. House of cards.
If printing money in a crisis is get out of jail free card, that implies it works. It is of course very difficult to judge how things would have played out differently were the money system harder, but claiming it to be a house of cards--destined to fall--is begging the question and a logical fallacy. It's not like some alien entity owns government debt that will eventually enslave us all,
people own that debt.
What do you mean it
works? Its just "passing the buck onto the next generation", credit ratings get downgraded, interest rates on debt go up, countries can't afford to pay back their debt, and they go bust. Its happening all over Europe. What's the size of the US debt. Its got too many zeros for me to count ...