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Or, Keynes was wrong and he is responsible with all the boom and bust cycles and inflationary theft.
by afsina 9y ago
Or, Keynes was wrong and he is responsible with all the boom and bust cycles and inflationary theft.
- apalmer 9y agoSerious question, Keynes was born in the late 1880 and didnt publish anything until 1900s... we had boom and bust cycles long before this. How do you explain that?
- afsina 9y agoYes there were other boom and busts. But Keynes makes sure of it. According to Hayek (and many others), Keynesian spending policies are not a solution to unemployment or economic crises. On the contrary, they are a real threat to economic stability.
- kareldonk 9y agoI have the explanation here: https://blog.kareldonk.com/on-money-bitcoin-and-cryptocurrencies-in-general/ https://blog.kareldonk.com/on-money-bitcoin-and-cryptocurren...