Debunking Keynesian economics is child's play.
Like all Big Government statists, you losers always gravitate toward the free lunch fallacy.
Originally Posted by akphidelt
1920s were another example of just how awesome life is after the government greatly expands the money supply.
LMFAO!
You're just making stuff up. You literally have no clue what you are talking about, lol. Just an anti-government loon.
Like the Kenyan, you pride yourself on living in complete denial.
Keynesians expanded the money supply in 1920s (something you are actually proud of lol) which destabilized the markets ...and the economy crashed in 1929.
Keynesians always believe in something for nothing and that is why they are wrong each and every time.
There's your history lesson for today folks!
Loser!@#0
100 Years Later, The Federal Reserve Has Failed at Everything It's Tried
http://www.forbes.com/sites/markhen...l-reserve-has-failed-at-everything-its-tried/
- Bank failures at a alarming rate
- USD losing 98% of it's purchasing power
- failure to lesson the jarring ups and downs of the business cycle
- record debt - US credit downgrades
- long periods of stagflation
- high unemployment
On and on and on...
http://www.forbes.com/sites/markhen...l-reserve-has-failed-at-everything-its-tried/
- Bank failures at a alarming rate
- USD losing 98% of it's purchasing power
- failure to lesson the jarring ups and downs of the business cycle
- record debt - US credit downgrades
- long periods of stagflation
- high unemployment
On and on and on...
You're focusing on some useless information. The fact is our standard of living and real productivity has increased. All these ridiculous credit downgrades, periods of stagflation, and the rest of this mumbo jumbo is just political talking points to try to convince retards that the government is bad. Like I've said from the beginning, the data is overwhelmingly against you.
Credit downgrades and shitty unemployment and massive unsustainable debt, is..."useless information"
ROTFLMFAO!
"The data that is overwhelmingly against you"...you're a radical who just makes shit up!
http://www.forbes.com/sites/nathanle...owth-is-clear/
The Correlation between the Gold Standard and Stupendous Growth is Clear
"Between 1870 and 1912, a period of forty-two years, industrial production in the United States rose by 682%"
And then along came the Fed and this new dark era of 'progressivism'... :neenee:
We've actually done better since the Fed came and this "dark era" of yours, lol.
No, we haven't, lol.
You're just demagoguing and desperately pulling useless data out of your ass, lol.
Are families working longer or shorter hours than they were 60 years ago?
Can families afford to have more or less children?
Remember, 60 years ago the avg family only needed a single income to survive. Today they need double incomes, PLUS massive personal debt, PLUS government benefits just to survive and maintain the same standard of living...because your insane phony money system PUNISHES savers and destroys purchasing power.
Even credit agencies think you're completely nuts...though I do acknowledge your Keynesian cult is strong!
