In the beginning of the human race there was no genetic load which would cause undesirable traits such as appear in offspring of marriages between relatives today.
A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.
I don't really have a lot of appropriate feelings for people on an individual basis, but I've always wanted to make people happy.