your daily reminder that John Keynes was in favor of centralized control of the economy. but was NOT in favor of indiscriminate money printing. "By a continuing process of inflation, Governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens." The Economic Consequences of the Peace" (Nov. 1919)
PiecoverBTC's avatar PiecoverBTC
That's another Keinsien nonsense argument "number of units track human activity" that also requires a central banker to dictate if they need to increase or decrease supply while stealing everyone money
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mister_monster's avatar
mister_monster 6 months ago
"Keynesian" is "racist" to these people. It's binary brain, they can't understand the that you can comprehend someone's ideas while not wanting to live with a system they would build. And most of them don't even know what "Keynesian" even means or what Keynes actually espoused, besides the simple central bank thing. They just toss it around like a dirty word to discredit people. Even reading what I'm writing right here is blasphemy to some, nuance = full throated endorsement to these retards. God forbid you actually understand the beliefs of your purported enemy.
When freedom loving #monero cultists try to discredit #Bitcoin and start pushing arguments in favor if centralized money control. Cognitive dissonance at its best.
Hanshan's avatar Hanshan
your daily reminder that John Keynes was in favor of centralized control of the economy. but was NOT in favor of indiscriminate money printing. "By a continuing process of inflation, Governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens." The Economic Consequences of the Peace" (Nov. 1919) View quoted note →
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