Thursday, May 19, 2016

2 HOURS OF 'GOLDBUGS' TALKING?
NO!
FOR THOSE WHO CARE TO UNDERSTAND MONEY; IT'S CREATION; HISTORY; IMPLICATIONS OF DIFFERENT SYSTEMS & ITS FUNCTIONAL EFFICIENCY FOR SERVING HUMANITY .. THIS DISCUSSION WITH JAMES TURK, ROY SEBAG, ALASDAIR MACLEOD, JOSH CRUMB & STEFAN WIELER .. IS THE MOST INTELLIGENT DISCUSSION WE'VE SEEN. IT SHOULD BE REQUIRED VIEWING BY EVERY STUDENT.
At about the 13 minute mark of video 2, Alasdair Macleod gives a valuable description of Keynesianism's dysfunction .. thinking it could overpower Say's Law. It has taken decades, but the dysfunction is becoming obvious. Keynesianism is losing. Say's Law is winning. We have been stressing this as a theme point for almost a decade: Keynesianism is coming to its endpoint. The status quo is doomed. 

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