"John Maynard Keynes saw his nightmare coming true"
No, his entire fascist Weltanschauung was, to him it seemed, validated by the Great Depression in response to which he urged governments to take Fascistic control of savings ie capital and money investments, net loss employment works & forced consumption.
As for inflation and employment, sure, you compel employment if you prevent an economy restructuring and increasing production by destroying savings, because you destroy living standards.
@Nintendomanwill Keynes wanted governments to control personal savings? Huh? Planet Earth calling ideologue....Planet Earth calling ideologue....Come in ideologue....we're preparing you for re-entry into the reality atmosphere....please secure your brain so it doesn't explode when coming into contact with reality.
"John Maynard Keynes saw his nightmare coming true"
No, his entire fascist Weltanschauung was, to him it seemed, validated by the Great Depression in response to which he urged governments to take Fascistic control of savings ie capital and money investments, net loss employment works & forced consumption.
As for inflation and employment, sure, you compel employment if you prevent an economy restructuring and increasing production by destroying savings, because you destroy living standards.
Nintendomanwill 1 year ago
@Nintendomanwill Keynes wanted governments to control personal savings? Huh? Planet Earth calling ideologue....Planet Earth calling ideologue....Come in ideologue....we're preparing you for re-entry into the reality atmosphere....please secure your brain so it doesn't explode when coming into contact with reality.
eirefrance 11 months ago