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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (18222)	3/5/2009 1:15:43 PM
From: Tommaso	Respond to of 71456

Keynes NOT an inflationist: richmondfed.org

To: Real Man who wrote (18222)	3/5/2009 1:32:25 PM
From: Tommaso	Respond to of 71456

In “Personal Recollections of Keynes and the ‘Keynesian Revolution’,” Hayek (1978, pp. 286—87), who had excellent personal relations with Keynes despite fundamental disagreements, commented on Keynes’s later views on inflation: "I have little doubt that we owe much of the postwar inflation to the great influence of such oversimplified Keynesianism. Not that Keynes hiniself would have approved of this. Indeed, Iam fairly certain that if he had lived he would in that period have been one of the most determined fighters against inflation. About the last time I saw him, a few weeks before his death, he more or less plainly told me so."