Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: An.American.Expatriate
Since no one has EVER done what Keynes actually said should be done and instead just borrowed, borrowed, borrowed; I fail to see how Zero’s actions provide any nails ....

So, tell us, oh, wise one. What was it that Lord Keynes actually said should be done? No one else has been able to figure it out.

11 posted on 03/13/2012 4:41:09 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
[ Post Reply | Private Reply | To 3 | View Replies ]


To: BfloGuy
What was it that Lord Keynes actually said should be done?

Use surpluses in the good years to finance deficits in the bad years .... (a.a.e's great abridged version)

No one else has been able to figure it out.

Sure they have, they just don't like the first part so they ignore it!

13 posted on 03/14/2012 12:49:31 AM PDT by An.American.Expatriate (Here's my strategy on the War against Terrorism: We win, they lose. - with apologies to R.R.)
[ Post Reply | Private Reply | To 11 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson