That's where 0% credit comes in. It needs to take the whole chain. We shut down for 3 months. Net 60 terms become net 150. Net 90 becomes net 180. Everyone pays as planned, just up to 6 months later and with no interest.
This could help, but note that it still puts a crimp in things, because entities that extend credit (in any form) are counting on previous debts being paid in order to offer money/goods to other customers.
This applies even to the banks at the top of the chain -- at least until you get to (in the U.S.) the Fed itself, which can will money into existence if needed.
This applies even to the banks at the top of the chain -- at least until you get to (in the U.S.) the Fed itself, which can will money into existence if needed.