So when Ron Paul interviews a Monetarist they can have a thought-provoking analytical conversation and examine consequences and cause and effect. It is clear that this is not possible in the Congressional hearings with Ben Bernanke. He cannot speak analytically other than the platitudes of status quo. Which means Bernanke is not a Monetarist.
And since Bernanke quotes Keynes and speaks as if there is some substance in the Keynesian pseudoeconomics we have to assume that Bernanke is a Keynesian.
Keynesianism has been discredited at every level for decades, yet because it allows politicians to function as ego-driven interventionists it lingers in the corrupt institutions of the State.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
No comments:
Post a Comment