body. this circular system. and you have to have this constant spending and investment. well, what we have is as consumers are saving a great deal, and these who are not saving, are large numbers of unemployed. we have businesses particularly the corporate sector now, that s doing a lot of cash hoarding. they re the healthiest sector of the economy, but they re not putting that money back into the economic system in the form of capital formation and investment. and so and then you have, of course, in general, decrease in consumer and investor confidence. and so that s what s happening. and that s dragging the overall rate of growth lower. we re also getting indications that the fed will buy government debt. how does this help the output and employment picture? can you link it all together for us? yeah. well, whenever the fed buys d d debt, they re buying debt from institutions, maybe buying debt from individuals like you or i.