Start the debt vs inflation argument and basically your off and running. Monetize the debt and inflation will catch up.
“Stimulus plans haven’t worked, won’t work, and we can’t afford them.”
You don’t even have to be smart to see that. You just compare the number of times it has been tried and failed (all of them) and the number of times it has been tried and succeeded (0).
This is more like Kenyan economics..
He also wrote a book about the sameness of Socialism, Communism, and Fascism, while pointing out the differences. They are all dictatorships with the people as slave workers tightly controlled by govt.
vaudine
Keynes was solidly socialist and his notorious theory was never intended as an economic model in the sense of intending to improve or even understand the economy.
It was an elaborate rationalization of deficit spending originally intended to enable socialism in Great Britain and was the cornerstone of FDR’s policies that made our great depression “great.”
Keynes himself, in an interview in Chicago not long before his death in 1946, famously responded to the question, “But haven’t your policies always, in the end, failed?” with the answer, “In the end, we’re all dead.”
In other words, “Who cares if Keynesian economics destroys the economy as long as it achieves its intended objective of establishing socialist government?” - or - “So what, we got what we wanted.”
Rothbard Libertarian Austrian School economist and economic historian Murray Rothbard wrote a strongly worded critique of Keynes entitled Keynes the Man.[91] Rothbard accused Keynes of being an intellectual lightweight, fixated on simple short-term solutions to complex long-term problems, obsessed with his own ego and influence, and one of the most destructive statist intellectuals of the 20th century.