WHO CAN BELIEVE THAT THIS ABOMINATION CALLED THE US ECONOMY.... IS REALLY A NEW "BULL MARKET"...?
BASED ON WHAT...?
THE NEWS IS UNIFORMLY CATASTROPHIC...DISMAL REALLY!
YES, WASHINGTON IS BUYING ASSETS ....AND PRINTING MONEY LIKE MAD TO DO IT...
BUT THIS IS BECOMING ECONOMIC INSANITY...
CLEARLY THESE ARE THE LAST DAYS OF THE POST-DOLLAR INSANITY...!
NONE DARE CALL THIS KEYENSIANISM ANY MORE....
THIS IS JUST PURE WIEMARISM...PLAIN AND SIMPLE...NOTHING LESS.
JUST MONEY PRINTING ...WITH NONE OF THE KEY SAFEGAURDS THAT KEYNES INSISTED UPON IN HIS THEORY OF MONEY...
PURE HYPER-INFLATION...
AND A CORRUPTION OF KEYNES IDEAS ABOUT HOW TO RUN THE ECONOMY...
REMEMBER KEYNES SAID TO SAVE DURING GOOD TIMES...AND SPEND DURING BAD TIMES...
NOT SPEND ALL THE TIME...! AS THE AMERICANS DID FOR THE LAST 20 YEARS... AND THEN TRASH YOUR EXPORT/MANUFACTURING SECTOR TO SURPRESS DOMESTIC WAGE DEMANDS!
SO CALL THIS BY IT'S REAL NAME...WIEMAR ECONOMICS!
PERHAPS, THAT'S WHAT PASSES FOR THE "AUSTRIAN SCHOOL" IN THESE DEGENERATE TIMES...!
