Australia's largest stock trading and investment forum Australia's #1 stock forum

Less Income/Less Immigration, page-27

First 27 Last

Share
Profile

Follow
Verminski

7,037 Posts.

166

11/07/21

14:49

Post #: 54425232
Share

Originally posted by Hingdog: ↑

"Keynesianism works"

Keynesianism works to kick the can down the road, that is all. It's just delaying the inevitable. We'll see over the next couple of decades the true results of Keynesian economics, the US now has so much debt that even a rise back to the mean in interest rates will bankrupt them. Someone is going to take a big haircut and you can bet that will be the poor, whether it's due to bankruptcy of the country or the fed inflating away the debt, it's the little guy who will get hurt, the wealthy have the means to hedge themselves

Expand

‘We'll see over the next couple of decades the true results of Keynesian economics, ’

Doubtful. We have been using Monetarism since the eighties.

The last real foray of Keynesian economics in Australia was by Menzies.

Any failure of the system worldwide has nothing to do with Keynesian economics.
3 Upvote

Reply

Top Stories

WR1

Winsome scoping study proposes low-cost operation for Adina lithium project

PTR

Petratherm adds $1.6 to the piggybank ahead of SA titanium drilling program

BUB

Bubs Australia forecasts full US FDA market access approval by October 2025

SNG

Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

Pacific Smiles receives new takeover offer, boosting valuation of shares by 50 cents each

There are more pages in this discussion • 118 more messages in this thread...

First 27 Last