The Economist magazine dives into the options available to governments trying to figure out how to guide their economies out of this crisis. The options, none of which look good, include following the “financial repression” policies of the post-war economies of the previous century, which could take the form of capital controls, fixed exchange rates, rationed bank lending and caps on interest rates. It acknowledges that such changes would be “politically demanding,” but that these are politically demanding times. “But if governments did enact such changes,” it goes on, “they would spur responses unavailable to investors of the 1950s and 1960s, such as investment in cryptocurrencies and other immaterial products.” TAKEAWAY: Exactly. The modern economy has gone through hardship before that required ideological sacrifices, but not at a time when there were alternatives to central bank currencies, and not at a time when it was possible to move wealth without using the established system. Does that make governments weaker at the expense of empowered citizens? Or could the governments use cryptocurrencies to become empowered themselves?