19 August 2015

The Keynesianism that drives the Fed.

Mussolini recognized, “Fascism entirely agrees with Mr. Maynard Keynes, despite the latter’s prominent position as a Liberal. In fact, Mr. Keynes’ excellent little book, The End of Laissez-Faire (l926) might, so far as it goes, serve as a useful introduction to fascist economics.” Keynes saw the similarities too, admitting his theories, “can be much easier adapted to the conditions of a totalitarian state than . . . a large degree of laissez-faire.” Hitler built the autobahn, FDR the TVA. Propaganda notwithstanding, neither rejuvenated their economies.
[1] "Obama, Hitler, And Exploding The Biggest Lie In History." By Bill Flax, New Zeal, 1/1/15 (emphasis added).

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