The article explores how money affects the economy during financial crises. By studying a model with money and assets, the researchers found that when the cost of using money goes up, people spend and work less. This can lower wages and inflation, leading to more interest rate cuts by the government. The study also shows that different types of economic shocks can have varying impacts on the economy depending on the presence of money. Overall, the research highlights the important role of money in shaping business cycles.