Steer in: WRSA
On John Maynard Keynes and the Hollow Man Phenomenon
JOHN MAYNARD KEYNES.
Yes, THAT John Maynard Keynes. The father and “god” of all modern economics – the most influential economist, without question, of the 20th century. Keynes’ economic theories (and it is extremely charitable to even dignify them as “theories”) basically revolved around the premise that aggregate demand was the sole determiner of overall economic activity, and thus if the State (read: “The Central Banks’ respective puppet fronts and operational arms”) intervened in the economy by printing money and providing “stimulus” to aggregate demand, this was the means by which full employment could be achieved and permanently maintained.
DOES THIS SOUND FAMILIAR????
As people with functioning brains in their heads now know and understand, if even only from a purely experiential, real-life basis, this is all abject, steaming hog diarrhea. Government intervention does NOT stimulate aggregate demand, but in fact hinders it. Printing money and debasing the currency is not only ineffective, but is a capital crime because it is THEFT on a scale so massive that it is literally obscured from the view of the people by virtue of its enormity. The only purpose applied Keynesian theory serves is to rapidly enrich and fraudulently empower a micro-oligarchy dwelling within the Central Bank-cum-Government matrix.
Read the rest here at Barnhardt
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