In the realm of "not a very good idea" Maynard Keynes reigns supreme.- Keynesian economic theory is based on money that 'rots' and 'rusts'... His 'theory' embraces a debt-based currency that "rots like potatoes" and "rusts like iron" [read: inflation] and encourages people-corporations-- Access to credit is not access to wealth.- Access to credit is access to debt. When that rainy day comes, you'll survive if you have savings [wealth] but you will not if all you have is debt.
Friday 9 February 2018
What a GOOD idea, Maynard........................from Rico
From
Theo Spark
at
07:41
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