Why is it 99% of the posters who have neevr studied a day of economics in their life (this poster included), feel compelled to speak on a subject they know nothing about.
Yes, I'm sure you *ahem*, "read", Keynes book. Or, more likely, looked up someone else's interpretation of it, and used their perhaps misguided influence as the backbone for all your beliefs.
This video got well more then a single fact flatly wrong.
@testman2 First, I believe you are looking for "than," in your final sentence, instead of "then.". Improper English. Nice statement. I applaud you and thank you for the entertainment. I read, instead of viewing videos for opinion, and don't take what loser professors push in college to be accurate. If that were the case, we would not be in the current mess today. In addition, every word the black bear said is Keynes' own words, found in his General Theory. Everything he says is fallacious.
@testman2 The Austrian economists have been right about a lot of things. They accurately explained the Great Depression, which even Bernanke admitted the Federal Reserve caused. They predicted run away spending inflation and spending would follow a retreat from the gold standard followed by an increasing income disparity between rich and poor. They predicted the housing crash years before it happened. They seem to be right very often.
i gave the video a like even though you maed one stupic remark about closing bases around the world. That saves almost no money. A military base cost money no matter if it's in another country or wether its on american soil.
The stategic value of have a foward operating military base in another country far outways the small saving of having a worthless base in oklahoma or some other state.
I really wish you Ron Paul guys would get off that nonsense so we Free Marketers woudl be as one.
@necrom666 Yesh, because the GOP is so into free market economics, with TARP, banker and government-sponsored enterprise bailouts, expansion of the Federal Reserve, manipulation of the money supply, and stimulus. Also, what's the point in occupying the globe? For resourses? It doesn't keep us safe. We should try to rebuild America, instead of sending our men and women to build a foreign country. Thanks for the "like". But keep in mind Ron Paul is the only free-market, pro-liberty candidate.
@mattius83 It's my hope the Tea Party types can take over the republican party. The GOP has entirely too many big government types in the ranks. I was not for TARP bank bailouts.
Constantly trumpeting the closing of military bases in foreign countries guarentees Ron Paul can not get over 10% of the electorate behind him. Having a strong military is not contrary to the free market system. Having a strong military is not unconstitutional. Military spending is not the problem.
@necrom666 It is part of a huge problem, because that spending is not for peace at all. Many evil forces are running the deaths of innocent young men and women all over the world. You are not fighting the right battle..and not just the US is paying for this mess..because after all..you are broke as hell. So your hidden imperialistic agenda for resources and wealth of the very few is killing us all over the world. War is financial and moral terrorism. Leave the military, start a business!
@necrom666 close the bases around the world, go home, work and produce something in the economy, not laze around in another base =)
this was what happened after WW2. millions of soldiers went home to US, and govt spending was slashed by more than 50%. US had an economic boom after that
@necrom666 Do you have any idea how much money is wasted on defense? There is no way it is a good investment. It's a complete waste and probably makes the US less safe.
@necrom666 When you talk about the strategic advantages of foreign military bases, that's got nothing to do with free markets. Besides, bases are no strategic advantage anymore. Take the money, little as it might be, and put it into research on missiles which can be launched from US soil and still can strike anywhere on the planet within a few minutes. That would be a strategic advantage.
do you have a degree in economics or any such education on the matter at all?
do not reply with "someone told me so". do you have any actual education on the issue of economics? if so, what is your name and which school did you attend, because i can look it up online in the student attendance roster.
and do not come back at me with "well which school did YOU attend", because that is not the issue at hand, i am asking you about your credentials in economics.
@charbroiledmonk1033@whoo689 In the context of preventing a savings glut, Keynes, from his faggotty General Theory, which cocksuckers like you read, states: "Throughout history, natural disasters such as earthquakes, even wars ,,, have served to increase wealth by using up savings."
@charbroiledmonk1033@charbroiledmonk1033 Dude, I just quoted from the "General Theory." Look it up. Alex Jones has nothing to do with this video. He was just a source on my other video, along with ABC News and the NY Times. But i do recommend reading Hunter Lewis' "Where Keynes Went Wrong," and "Henry Hazlitt's "Economics in One Lesson." These have impeccable information, which will undermine the misinformation you are getting from loser college professors and media whores. Seek good knowledge.
...Exactly how is keeping interest rates low "Keynesian" (or at least the actual prescriptions put forth by Keynes himself)? I'm pretty sure it would fall under the MONETARIST school of thought and/or neoclassical. moron...
@whoo689 Keynes, from his General Theory: "The rate of interest is not self-adjusting at a level best suited to the social advantage but constantly tends to rise too high..." Also, "classical economist" is a straw man, used by Keynes and failed professors, who teach his garbage at universities. There is no such thing as a classical economist, you pansy! And Keynes thought a high rate of interest keeps the world poor. Again, not true! Go back to your Keynesian economics 101 class, you weak loser.
@lostcauze88 Thanks. I was pretending to own Bernanke, just like Ron does during the United States House Finance Committee hearings. Spread the word on such videos, and help to "END THE FED!"
@some1378 Actually, Hawking made a funny joke about the expansion of the universe in which the universe's inflationary rate dwindles in comparison to modern money inflation. I lol'd.
You're confusing Keynes theory with Alan Greenspan and the incompetence of the Fed. Keynes argued for raising interest rates in growth periods, and reducing them in recessions. He argued for government deficits in recessions which were compensated by surpluses during good times. Your criticism is 10 years too late.
You are confusing Keynes theory and possible success;.Ludwig von Mises;
The popularity of inflation and credit expansion, the source of the repeated attempts to render people prosperous by credit expansion, and so the cause of the cyclical fluctuations of business, manifests itself clearly in the terminology. The boom is called good business,and upswing. Its unavoidable aftermath, the readjustment of conditions to the real data of the market, is called bad business, depression.
@Manchin2be The business cycle has existed long before fiscal policy, such as the gold standard era. Growth is created by companies entering the market downturns are caused by the weaker business leaving the market. Austrian economics is bonkers because it believes that in a free market with competition their are somehow no winners or losers.
Clearly you do not understand Austrian economics at all... They goth both winners AND losers, and do not try to "stretch" the consequence through central managing at all. You should put your attention on the macro level, not argue against microeconomic philosophy on Austrian by refering to macroeconomic standard textbook Keynes points. Keynes works only for a while.
Fuck keyneasian economic policies. seriously damn it to hell..
Dimitri0809 1 month ago
i thank that that thar ecunumy got itself reel bad like, and it needs a fixin.
padmister123 3 months ago
another typical conspiracy theory video. unreal.
Why is it 99% of the posters who have neevr studied a day of economics in their life (this poster included), feel compelled to speak on a subject they know nothing about.
Yes, I'm sure you *ahem*, "read", Keynes book. Or, more likely, looked up someone else's interpretation of it, and used their perhaps misguided influence as the backbone for all your beliefs.
This video got well more then a single fact flatly wrong.
testman2 3 months ago
@testman2 First, I believe you are looking for "than," in your final sentence, instead of "then.". Improper English. Nice statement. I applaud you and thank you for the entertainment. I read, instead of viewing videos for opinion, and don't take what loser professors push in college to be accurate. If that were the case, we would not be in the current mess today. In addition, every word the black bear said is Keynes' own words, found in his General Theory. Everything he says is fallacious.
mattius83 3 months ago
@testman2 The Austrian economists have been right about a lot of things. They accurately explained the Great Depression, which even Bernanke admitted the Federal Reserve caused. They predicted run away spending inflation and spending would follow a retreat from the gold standard followed by an increasing income disparity between rich and poor. They predicted the housing crash years before it happened. They seem to be right very often.
YannickGuitarist 2 months ago
@testman2 What an ignorant fool you are, completely brainwashed and arrogant about it too. FAIL.
TWSceptic 1 month ago
i gave the video a like even though you maed one stupic remark about closing bases around the world. That saves almost no money. A military base cost money no matter if it's in another country or wether its on american soil.
The stategic value of have a foward operating military base in another country far outways the small saving of having a worthless base in oklahoma or some other state.
I really wish you Ron Paul guys would get off that nonsense so we Free Marketers woudl be as one.
necrom666 3 months ago in playlist More videos from mattius83
@necrom666 Yesh, because the GOP is so into free market economics, with TARP, banker and government-sponsored enterprise bailouts, expansion of the Federal Reserve, manipulation of the money supply, and stimulus. Also, what's the point in occupying the globe? For resourses? It doesn't keep us safe. We should try to rebuild America, instead of sending our men and women to build a foreign country. Thanks for the "like". But keep in mind Ron Paul is the only free-market, pro-liberty candidate.
mattius83 3 months ago 2
@mattius83 It's my hope the Tea Party types can take over the republican party. The GOP has entirely too many big government types in the ranks. I was not for TARP bank bailouts.
Constantly trumpeting the closing of military bases in foreign countries guarentees Ron Paul can not get over 10% of the electorate behind him. Having a strong military is not contrary to the free market system. Having a strong military is not unconstitutional. Military spending is not the problem.
necrom666 3 months ago
@necrom666 It is part of a huge problem, because that spending is not for peace at all. Many evil forces are running the deaths of innocent young men and women all over the world. You are not fighting the right battle..and not just the US is paying for this mess..because after all..you are broke as hell. So your hidden imperialistic agenda for resources and wealth of the very few is killing us all over the world. War is financial and moral terrorism. Leave the military, start a business!
mmeischa1 3 months ago
@necrom666 close the bases around the world, go home, work and produce something in the economy, not laze around in another base =)
this was what happened after WW2. millions of soldiers went home to US, and govt spending was slashed by more than 50%. US had an economic boom after that
JinGwee 2 months ago
@necrom666 Do you have any idea how much money is wasted on defense? There is no way it is a good investment. It's a complete waste and probably makes the US less safe.
TWSceptic 1 month ago
@necrom666 When you talk about the strategic advantages of foreign military bases, that's got nothing to do with free markets. Besides, bases are no strategic advantage anymore. Take the money, little as it might be, and put it into research on missiles which can be launched from US soil and still can strike anywhere on the planet within a few minutes. That would be a strategic advantage.
semperFi4ever100 3 weeks ago
do you have a degree in economics or any such education on the matter at all?
do not reply with "someone told me so". do you have any actual education on the issue of economics? if so, what is your name and which school did you attend, because i can look it up online in the student attendance roster.
and do not come back at me with "well which school did YOU attend", because that is not the issue at hand, i am asking you about your credentials in economics.
metalfaust19 4 months ago
What part of Keynesian Economics encourages war and natural disasters you forked tongued bastard?
charbroiledmonk1033 4 months ago
@charbroiledmonk1033 @whoo689 In the context of preventing a savings glut, Keynes, from his faggotty General Theory, which cocksuckers like you read, states: "Throughout history, natural disasters such as earthquakes, even wars ,,, have served to increase wealth by using up savings."
mattius83 4 months ago
@mattius83 yeh? who told you that alex jones? id like to see your sources because obviously youve never read the book you twat.
charbroiledmonk1033 4 months ago
@charbroiledmonk1033 @charbroiledmonk1033 Dude, I just quoted from the "General Theory." Look it up. Alex Jones has nothing to do with this video. He was just a source on my other video, along with ABC News and the NY Times. But i do recommend reading Hunter Lewis' "Where Keynes Went Wrong," and "Henry Hazlitt's "Economics in One Lesson." These have impeccable information, which will undermine the misinformation you are getting from loser college professors and media whores. Seek good knowledge.
mattius83 4 months ago 2
Occupy Wall Street don't give up! Grow and take Wall Street!
Standuble 4 months ago
USA economy bloodsuckers feed on the slaves !!!
mba2ceo 4 months ago
USA can easily be saved by taxing the bloodsuckers and funding the poor.
mba2ceo 4 months ago
...Exactly how is keeping interest rates low "Keynesian" (or at least the actual prescriptions put forth by Keynes himself)? I'm pretty sure it would fall under the MONETARIST school of thought and/or neoclassical. moron...
whoo689 4 months ago
@whoo689 Keynes, from his General Theory: "The rate of interest is not self-adjusting at a level best suited to the social advantage but constantly tends to rise too high..." Also, "classical economist" is a straw man, used by Keynes and failed professors, who teach his garbage at universities. There is no such thing as a classical economist, you pansy! And Keynes thought a high rate of interest keeps the world poor. Again, not true! Go back to your Keynesian economics 101 class, you weak loser.
mattius83 4 months ago
Spot on my friend.... Ron Paul 2012
lostcauze88 4 months ago
@lostcauze88 Thanks. I was pretending to own Bernanke, just like Ron does during the United States House Finance Committee hearings. Spread the word on such videos, and help to "END THE FED!"
mattius83 4 months ago
Comment removed
OniichanDesu 7 months ago
So your saying we switch too a Gold Economy.
johnthesencond 7 months ago
You need to look into Money of Exchange vs Money of Account and learn the different between the two.
Learn about HJR 192 from 1933 and how there is a Remedy within the system via A4V.Check out the U.C.C Article Three
Learn who you REALLY ARE!!!
Watch this... watch?v=sOLPweMtXL0
sparkie72 10 months ago
thank you Steven Hawking
some1378 1 year ago 5
@some1378 Actually, Hawking made a funny joke about the expansion of the universe in which the universe's inflationary rate dwindles in comparison to modern money inflation. I lol'd.
smo699 4 months ago
You're confusing Keynes theory with Alan Greenspan and the incompetence of the Fed. Keynes argued for raising interest rates in growth periods, and reducing them in recessions. He argued for government deficits in recessions which were compensated by surpluses during good times. Your criticism is 10 years too late.
cappercastro 1 year ago
@cappercastro
You are confusing Keynes theory and possible success;.Ludwig von Mises;
The popularity of inflation and credit expansion, the source of the repeated attempts to render people prosperous by credit expansion, and so the cause of the cyclical fluctuations of business, manifests itself clearly in the terminology. The boom is called good business,and upswing. Its unavoidable aftermath, the readjustment of conditions to the real data of the market, is called bad business, depression.
Manchin2be 1 year ago
@Manchin2be The business cycle has existed long before fiscal policy, such as the gold standard era. Growth is created by companies entering the market downturns are caused by the weaker business leaving the market. Austrian economics is bonkers because it believes that in a free market with competition their are somehow no winners or losers.
cappercastro 1 year ago
@cappercastro
Clearly you do not understand Austrian economics at all... They goth both winners AND losers, and do not try to "stretch" the consequence through central managing at all. You should put your attention on the macro level, not argue against microeconomic philosophy on Austrian by refering to macroeconomic standard textbook Keynes points. Keynes works only for a while.
Manchin2be 1 year ago
Keynesian Economics and Neoclassical = Oxford, Cambridge, University of London, all Russell Group Universities, Yale, Havard, Princeton etc...
All theses graduates who go on to run countries follow Keynesian Economics.
Austrian economics not taught at University because Unis won't get funding from Foundations. Who have Oligarcs and banksters behind the scenes.
LondonBoy2006 1 year ago 6
@LondonBoy2006 good news man. we got some austrians like jeff miron and alberto alesina at harvard.
selymak 5 months ago