The Keynesians Are Coming!

in steemleo •  5 years ago 

Today I look at what policymakers around the world have in store for the general public and how it does not matter one iota on what side of the political spectrum these people are as they will stick to the Keynesian fallacy that one needs more debt and government spending in order to help build prosperity.

I will discuss an interesting video coming out of Novara Media in which a so-called economic and history expert, Adam Tooze, argues why it is paramount for governments and Central Banks to run even bigger deficits and debt in order to get us out of the current crisis which of course come about as a result of too much debt in the first place.

"We Need To Run Massive Deficits To Solve This Crisis":

Adam Tooze: https://en.wikipedia.org/wiki/Adam_Tooze

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Thanks again for the education, Maneco64. Wait until the People of the World realize their money has turned into confetti.