Even now, we can observe not only a real economic crisis but also an intellectual struggle between various groups with material interests. To claim that a growing national debt is something bad and undesirable is to claim simultaneously that economic activities must be stimulated via the private sector. The state must not implement direct investments, but it may offer tax relief, guarantees or other forms of subsidies. Money is created out of thin air in any case, but it resides not on the public, but on private balance sheets. From this perspective, every social and material need can be provided by the private sector – it just needs to be allowed to operate. The state may compensate for so-called "market failures", but nothing more. However, proponents of this view do not comment on the already substantial volume of private debt obligations. They avoid the question of depressed levels of demand. They do not see the contradictions and hypocrisy in their rhetoric regarding the "free market" alongside their requests for state support and stimulus. Because, you see, if the state builds something itself, it is "market distortion", but if the state subsidises private sector activities, then everything is as it should be.