SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Currencies and the Global Capital Markets
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Enigma who wrote (1243)2/11/1999 9:12:00 PM
From: Henry Volquardsen  Read Replies (1) of 3536
 
Keynes had some very interesting thinking on economics but Keynesianism has distorted what he said. Keynes did not intend deficit spending to be a permanent state of affairs. His original idea was to deficit spend to stimulate during times of weakness and to run a surplus and pay down debt when the economy was strong. The goal was to smooth out the volatility in economic cycles. Politicians, with their lust to buy votes, used this as justification to enter an era of almost permanent deficit spending. After all as long as there is unemployment there is economic weakness at least for some.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News