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Entry Submitted by Vee at 8:49 AM EDT on June 23, 2021
The Survival Economist: Central Banks See No Way out of the Low Interest Rate Trap
Keynesian economics is a macroeconomic economic theory of total spending in the economy and its effects on output, employment, and inflation. … Based on his theory, Keynes advocated for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of the depression.
John Maynard Keynes, 1st Baron Keynes, CB, FBA was an English economist, whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.
When other economist confronted Keynes that his system would eventually fail and more less implode…he said.. We won’t be around to worry about it ..more or less. So those cartel bankers and Fed Gov..knew all along that that system would come to it’s own demise. So here we are, at the end of that system and where the road now comes to a Y. And you all know what’s going on to determine which direction it will go..left or right. We are at this precipice. Will its-this story ever be written to reveal and archive this historic story ? Will anyone read it ? Has it already been written…and to the likelihood outcome to either direction of the Y.
Vee
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