Why would money want to be put to work? I realise this is a metaphor of yours but is it really about the money?

Saving isn’t necessarily only “chasing investments” – is it not more akin to: not consuming? I.e freeing up resources that you could otherwise have a claim on?

Granted, you do often save because you expect something in return at a later stage. Interest. And the interest is what people are willing to pay you, not necessarily for your money, but for letting them consume and invest where otherwise you would have done so. (I find it easier to think of resources rather than money)

If the interest rate is low, it ought to mean that lots of people are saving. I.e that that there are plenty of resources available in the economy making long term investments more alluring. If the interest rate has been tinkered with, artificially lowered, as is the case in most, if not all western economies, it creates the groundwork for malinvestments. Does that make sense?

Whatever the problem I cannot see how public spending could get you out of it. I can see many ways in which it does more harm though. The whole Keynesian “stimulation” thing is getting so friggin tiresome.

Did you see that comic strip where Bernanke and Krugman walk down the street. I find it hilarious.

That having been said. I am aiming at understanding the reasoning behind more economic schools than just the Austrian one, which I cannot say that I am a master of at all. Heterodoxy takes a frightful amount of reading :)