Monday, September 5, 2016

Keynesianism 101

Keynes literally said:

"If the [government] were to fill old bottles with [money], bury them at suitable depths in disused coalmines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again… the [money]-bearing territory), there need be no more unemployment."

http://img-9gag-fun.9cache.com/photo/aZMX7P9_460sa.gif

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