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To: Jacquerie
I am very familiar with the life (gay poser) and works of JMK, and nobody is smiling. Having been sold a bill of goods for several generations, we are now forced to pay his "long run" piper's bill. The experiment is coming to an end, and history will finally write that Keynes sold snake oil to gullible politicians who wanted their cake and to eat it too, now, and let the grandkids worry later.

Now, it's later. The Austrians will be the last standing, in the economic wreckage of Keynes's long run.

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

-~~Ludwig Von Mises

27 posted on 11/30/2008 2:58:51 PM PST by Travis McGee (--www.EnemiesForeignAndDomestic.com--)
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To: Travis McGee
Your posts are preoccupied with homosexuality. Repressed feelings?
30 posted on 11/30/2008 3:31:54 PM PST by Jacquerie (Socialists believe in two contradictory things, freedom and organization - Elie Halevy)
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