"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Liberty Is Making the World Richer. You're Included.
Submitted by Bradley Keyes on Fri, 2013-02-08 01:00
Keynesians think there will never be another Great Depression. They have faith in government deficits and central bank inflation. They're wrong. Those who listen to them will get hammered during the Great Default, when the Federal Reserve ceases to inflate -- as it will, either after mass inflation (likely) or hyperinflation.
In contrast, a lot of Tea Party members think the economy will collapse and wipe out everything for decades. They're equally wrong.
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