Keynesian economics is Communism for Wimps #gold #inflation #federalreserve

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[00:00:00]Now, John Maynard Keynes, the founder of Keynesian economics, which I just posted a post a little while ago. Keynesianism is basically communism for wimps, but he wrote this, okay? He said, "By a continuing process of inflation, governments can confiscate secretly an unobserved and important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction and does it in a manner which not one man in a million is able to diagnose."

[00:00:42]This was written his book, The Economic Consequences of Peace in 1919.