Social costs are not being reduced by the bailout, they’re being dispersed: to the taxpayer, to everyone who earns or saves the U.S. dollar and to unborn generations of Americans.

With a failed dollar we’d have far more church-going citizens eager to stockpile communion crackers. And for the altruistic of the local tribes, the communion crackers might end up back in the offering basket.

Credit, please stop masquerading as capital. Real capital comes from savings. A person or a government lives within their means, pays their expenses, burns through some money just for fun, and has some cash left over. The remaining sums are called savings. Savings then can be invested, stuffed in a mattress, or used as canvases to turn Andrew Jackson’s sideburns into a chin strap beard. Meet capital.

Lastly, when you’re at the gym tell your spotter it’s great increasing your human capital with one another. To make it less awkward feel free to flex and tell them it was the endorphins talking.