Creative Quotations from John Maynard Keynes for Jun 5

Keynes is living proof that a man can be simultaneously brilliant , and completely wrong in his theories .

Friedman was a fool who didn't understand money! Rothbard was right!

Well, calling Friedman a fool isn't quite right. But yeah, Rothbard is right, and from what I heard Friedman turned towards Austrian economics towards the end of his life.

I love Friedman, but his endorsement of central banks is where I parted paths from him

The man and his wife wrote a wonderful about the monetary history of the US but the man didn't understand money. Monetarism is foolish. Milton pisses me off because he (and the Chicago school) is the poster boy for free markets for majority of this country and it puts people like me and libertarians at a disadvantage. He had a lot great one liners but I think he hurt the cause of people that advocate for free markets. I'm glad you don't endorse his documented view of money and central banks

@Elasaltaculos when did friedman endorse central banks? If I know anything about him at all, he thought a central bank, such as the Fed is the most evil harmful thing you can imagine, Keynes economics requires a central bank, Friedman parted ways with Keynes philosophy decades ago

It seems that way here:

watch?v=9V5OP-VmXgE&feature=Pl ayList&p=7D32E460381CBA2F&play next=1&playnext_from=PL&index= 2

His explanation of the Great Depression seems to indicate that he thought that the Central banks "did the wrong thing", as if they can ever do anything better than the free market. It seems to me that he genuinely believed that there was a legitimate role for central banks in the economy. I heard he parted from that view towards the end of his life. He also praised Greenspan

On animal farm it was Corruption not Capitalism that lead to the farms failure. The Federal Reserve is a private Corporation controlled by members of the World Bank. All ten Members of the World Bank are owned by Rauthschilds. If you do not know the history of the Jesuits and do not understand the term illumanati, do your homework and do it soon.

keynes is the reason for all our problems right now, screw this guy.

keynes is the guy to get us OUT of our problems right now, the abandonment of his ideas throughout the end of the 20th century is the reason for our problems right now

haha, we didn't abandon Keynesian economics we just didn't listen to his warning when he said "If, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer." Keynesian economics is a fraud that is based on deception. We need honest money, not credit growth! Wake up roob!!