Phyrfight Intel

by Simon Black

“In terms of economic philosophy, very little separated Keynes from Lenin. Keynes even praised Lenin when he wrote, “Let us not belittle these magnificent experiments or refuse to learn from them… the Five Year Plan in Russia, the Corporative state in Italy…”

And yet, this is the man who is held up by world leaders as the architect for economic bliss. Politicians and central bankers are calling his plays almost verbatim– enormous stimulus packages where volume and quantity are all that matter, quality counts for nothing; interest rates at zero; spending your way out of recession; borrowing your way out of debt…

It’s absolutely mind-boggling how modern governments have built such an apparatus to control their economies and run them into the ground. Ironically, each time a crisis occurs, these regulatory agencies, central banks, and executive powers are granted even more authority. This only makes things worse.

To Keynes, people who work hard to create value cannot be entrusted with their own money. It must be confiscated by politicians for them to invest with the utmost objectivity and expertise, all for the benefit of society as they define in their sole discretion.

This is the underlying philosophy of the man whose ideas have driven global macroeconomics for the last 60+ years… and continue to create inflation, bubbles, and economic ruin.

If you want to read more on the subject, I highly recommend a book called ‘Where Keynes Went Wrong’ by Hunter Lewis.

http://www.sovereignman.com/expat/get-your-hands-on-the-governments-playbook