Keynes misunderstood… (inflation as a deliberate tool of the state)
Hat tip to Zero Hedge
How a reasonable economic theory was subverted and strumentalised to justify excess spending and galactic budget deficits. The rationale for doing that? World hegemony one can only presume.
Inflation Seen as Nation’s Salvation
Includes a letter from Keynes to Roosevelt
Tags: budget deficits, deficit spending, great depression, hegemony, keynes, raison d'etat, roosevelt, war