He doesnt understand the money supply or the fact that keynes was always wrong.
They never followed or understood Keynes anyway.
Keynes theory was temporary deficit spending to stimulate growth then a return to fiscal responsibility.
These idiots believe in deficit spending forever which Keynes warned against.
posted on 10/07/2013 11:32:14 AM PDT
(The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
They believe in his formulas... example his prediction of x dollars of growth per x dollars of spending... it never works.
posted on 10/07/2013 11:40:46 AM PDT
(FROM MY COLD, DEAD HANDS!)
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