RE: The secret of being rich overnight

The biggest problem is the people in charge of the government are clueless as to how to properly control the economic system (or perhaps not, maybe they just want to remain rich and in control while all the peons work 40+ hours per week and continue to make the rich richer).

The people in charge think that bailing out corporations will somehow incentivize the owners of those corporations to start hiring people and paying them, that is not how it works. Jobs can only be created when the majority of people have money to spend, an economic system only works efficiently when the majority of the population has the most currency that has been created within that economic system. Since currency in an economy moves in a circle the same currency is spent over and over again by the majority of the population, when the majority of the population does not have currency to spend the economic system begins to collapse.

The greatest mathematical destroyer of economic systems is wealth inequality, and by bailing out corporations the government is actually creating greater wealth inequality. The currency never gets to the people at the bottom and it is hoarded by the people at the top who never spend enough for it to get to the bottom, they never create jobs because there is no incentive to create jobs when the majority of the population does not have currency to spend, there is no profit to be earned, so they just hold on to their currency. While the government creates more currency to try and fix the problem, this increases inflation and only makes things worse for the people at the bottom...

Our economic system is in self destruction mode and government laws/regulations is the only way to fix it, unfortunately the people in charge either do not care or are too dumb to fix it.