Why Keynesian Economists Don’t Understand Inflation
Posted by richrobinson 11 years ago to Economics
Many analysts warned that government intervention after the '08 crash would just delay a larger crash and make things worse. I think article helps explain why the Keynesians will never understand.
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- 3Posted by Zenphamy 11 years agoI think the Keynesians understand inflation all too well. Combined with fractional banking, it's the biggest theft scheme ever perfected in human history. Note the tremendous gains made since 08 by those areas of the financial industry that were 'crashed'.| Mark as read | Best of... | Permalink
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- 2Posted by richrobinson 11 years agoExcellent point. I almost feel like they want to get theirs before it all crashes. I guess they think they can keep it afloat til the next generation has to deal with it.| Mark as read | Parent | Best of... | Permalink
- 2Posted by $ jbrenner 11 years agoIsn't that the definition of a looter?| Mark as read | Parent | Best of... | Permalink
- 2Posted by richrobinson 11 years agoI believe it is. :-)| Mark as read | Parent | Best of... | Permalink
- 2Posted by $ jbrenner 11 years agoCongratulations, Rich, on being this week's producer.| Mark as read | Parent | Best of... | Permalink
- 2Posted by richrobinson 11 years agoThanks. It's a fun feature to have.| Mark as read | Parent | Best of... | Permalink
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