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Old 09-02-2011, 09:44 PM   #1
Yyaqyped

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Default Even Keynes Understood...
"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." - John Maynard Keynes
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Old 09-02-2011, 09:57 PM   #2
dolaBeetCeage

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That's one thing crackpots like Krugman and the other neo-Keynesians always forget. Lord Keynes developed his economic theories under the assumption of a gold standard.
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