• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

Keynes On Worker Utopia Through Perpetual Threat Of War

Tyler Durden's picture




 

Presenting 74 seconds of pure Krugmanism from the mouth of the man himself - Keynes 1939 (pre-war) radio address on the beginning of The Grand Experiment...

 

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Mon, 11/19/2012 - 17:52 | 2996973 redpill
redpill's picture

Fucking madman.

Mon, 11/19/2012 - 17:53 | 2996977 BKbroiler
BKbroiler's picture

I don't think Keynes himself would put his name on what going on now...

Mon, 11/19/2012 - 17:56 | 2996986 Gene Parmesan
Gene Parmesan's picture

Did you even watch the video?

Mon, 11/19/2012 - 18:15 | 2997017 Skateboarder
Skateboarder's picture

Jaded Murderer Keynes, perpetrator of bloodshed and endless war, hero to many, scum to me.

EDIT: fuck you, Keynesian downvoters.

Mon, 11/19/2012 - 18:25 | 2997099 redpill
redpill's picture

Can you believe the "we might learn some tricks" shit?  Tricks?  TRICKS!  This arrogant dumbfuck thought our economy should be based on tricks!  That and death/disaster.  What a fuckin great guy.

Mon, 11/19/2012 - 18:26 | 2997108 Pladizow
Pladizow's picture

America's blue print!

Mon, 11/19/2012 - 18:34 | 2997145 TruthInSunshine
TruthInSunshine's picture

If Krugman ever was put into a position of actual power, he'd be one of the world's most dangerous people.

He's clearly a sociopathic, absolutely dogmatic, narcissistic personality type that's typical of some of history's most tyrranical figures.

Mon, 11/19/2012 - 18:51 | 2997195 idea_hamster
idea_hamster's picture

About half-way through, you can hear the birds in his head chirping....

Mon, 11/19/2012 - 19:09 | 2997247 Michaelwiseguy
Michaelwiseguy's picture

The only trick I learned is how to use Molotov cocktails on government employees and hollow point bullets on their elite masters.

Mon, 11/19/2012 - 19:36 | 2997326 nmewn
nmewn's picture

Fantastical Fabian bargain turns Faustian...who knew?

Mon, 11/19/2012 - 20:05 | 2997419 Enslavethechild...
EnslavethechildrenforBen's picture

Worker Utopia is when we go back to the Gold Standard an put all the Bankers behind bars

Mon, 11/19/2012 - 20:43 | 2997495 flacon
flacon's picture

Keynes, you dumbfuck - you never learned 

The Broken Window Fallacy

 

http://www.youtube.com/watch?v=gG3AKoL0vEs

 

Mon, 11/19/2012 - 20:50 | 2997534 BigJim
BigJim's picture

Yes, Keynesian 'Economics' is just the Broken Window Fallacy writ large. It's amazing the number of people who fall for it.

Mon, 11/19/2012 - 21:29 | 2997617 Enslavethechild...
EnslavethechildrenforBen's picture

War is the only constructive endeavor to employ men.

There are no other constructive human endeavors.

s/

Mon, 11/19/2012 - 22:29 | 2997618 TruthInSunshine
TruthInSunshine's picture

If Keynes were alive today, he'd declare Paul Krugman to be, and I quote, "batshit crazy," and sue him for slander/libel.

By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth."

"As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”

 --J.M. Keynes on inflation in The Economic Consequences of the Peace (p. 235-6)

Inflation/currency debasement, bitches! Even Keynes thought it was EVIL done by kleptocrats.

Mon, 11/19/2012 - 22:44 | 2997769 knukles
knukles's picture

Soiled myself....

Tue, 11/20/2012 - 01:59 | 2998025 Rogue Trooper
Rogue Trooper's picture

Got to disagree "Truth".  The guy was prize intellectual CUNT.  A PHD in bullshit from a University more famous for buggery and/or traitors, i.e., Cambridge . An advocate for central planning who thought himself smater than everyone else (sounds familier?).  He would have embraced Krugman and preached from the same songbook today.  Why do I say this?, Listen to the BBC radio broadcast again.

John Maynard Keynes, 1st Baron Keynes of Tilton in the County of Sussex

"Truth" you are way to kind to the wanker.... $60 Trillion in debt later and we are ALL gonna be fucked over.

Some compensation I see is that Krugman will see the end... wonder of he has a good "Get out of Dodge Plan"? Folks will remember his part in all of this when SHTF.

/Serious this time.

Tue, 11/20/2012 - 02:39 | 2998051 TruthInSunshine
TruthInSunshine's picture

I'm not extolling the virtuousness of Keynes.

I'm merely relaying one of his opinions on intentional debasement of currency as a means of stealth theft by the state, so as to highlight how frauds like Krugman have bastardized some of what Keynes opined for their own twisted objectives.

Tue, 11/20/2012 - 02:49 | 2998058 Rogue Trooper
Rogue Trooper's picture

I got that reading it again.  Keynes and the Krug just make me sick.... so no offence they both just anger me more than most.  Having said that someone else would have come along with the intellectual justification to suit the politicians agenda.

Tue, 11/20/2012 - 09:20 | 2998353 archon
archon's picture

He really was quite insane.

Mon, 11/19/2012 - 22:35 | 2997739 A Nanny Moose
A Nanny Moose's picture

A-Fucking-Men

Mon, 11/19/2012 - 19:19 | 2997274 kridkrid
kridkrid's picture

Whatever position of power he takes, he would merely be replacing one sociopath with another. I am of the belief that most large institutions (govt, corporations, academia) are run by sociopaths. It's self selecting.

Tue, 11/20/2012 - 01:39 | 2998015 Rogue Trooper
Rogue Trooper's picture

KRUGMAN.... I'm gonna get Medieval on your Arse.

/Mr Wallace

Tue, 11/20/2012 - 05:16 | 2998134 honestann
honestann's picture

EVERYTHING that Krugman has said in public for years has been his application to replace Bernanke as "Chairman of the Federal Reserve".

Krugman clearly knows how Bernanke got his job.  The federal government was pushing the country into economic disaster and knew the federal government would want someone to hand government unlimited money at zero interest, thereby supporting unlimited, unending abusive power for those predators who do business as the federal government.

So he wrote articles about printing money with reckless abandon and spewing them out of helicopters.  That got him the job.  Now they know they've driven the world into hyper-debt, and need someone to make Bernanke look like a piker.  So that's exactly what Krugman has been promising these past several years.

Krugman is a shoe in.

Tue, 11/20/2012 - 08:29 | 2998276 archon
archon's picture

Aren't all the most heinous, nororious mass murderers & genocidalists in history like that?  Mao, Stalin, Pol Pot, Hitler...

Mon, 11/19/2012 - 18:58 | 2997210 TwoShortPlanks
TwoShortPlanks's picture

Oh I've heard this fucktard music before.

"I am Fuhrer of a Reich that will last for a thousand years to come. No power can shake the German Reich now. Divine Providence has willed it that I carry the fulfillment of a Germanic task."
- Adolf Hitler, [following] Third Reich Speech, 1941, Wolfsschanze -

NWO = Fourth Reich

Mon, 11/19/2012 - 21:59 | 2997632 TwoShortPlanks
TwoShortPlanks's picture

And here's the shocking truth which so many people conveniently ignore, but I'm happy to ram down your throat (somebody has to).

Democracy, Communism, Socialism have all had their day; and what do we have to show for them...hummm? McMansions, Audi's, Jetski's, endless war, trading stocks and shit...fuck-me!...all of which have come at the cost to Earth and the environment. It's not worked people. Mankind is a greedy selfish child and hundreds of years of 'same-old' supports that idea. Hell, we've known about global warming and pollution for decades now and have we changed...NOPE! Now the earth faces another Billion people rising up into the middle class. Has anybody seen the polution in Asia lately? Do you think the average Chinese citizen gives a fuck about polution so long as it out of direct sight?...LOL...THERE IS NO END TO MANS' MADNESS and we're proving it every day. The moment you understand that basic in-your-face principle, then the concept of a NWO and Agenda 21 becomes a Life Boat, not a death sentence. If you cannot understand this point or choose not to see its' merit or truth, then you're gonna be facing a very grim future, and more than likely, it's the greedy selfish child within you which is rebelling against what's right and doesn't want to be separated from a never ending series of immediate gratifications....coz let's face it, we've fucked this planet up pretty good and we ain't gonna stop now.

I search endlessly through the internet, YouTube, newspapers etc, reading and watching all sorts of stuff, thousands of ideas, comments, articles and clips, and here's what I've discovered; glossy, catchy videos with good intentions lasts 5min. Well written articles porporting freedom and democracy last 5min. Protesting, ranting and raving last 5min.....eventually, greed reasserts itself and yet again the planet suffers. Want proof, just look at the warning we had from the GFC and what we've done since then....of apathy, neglect and stupidity, we are all GUILTY!

And get this point straight. When civilization was 1.5 Billion, freedom and democracy would have been a wonderful thing, but today there are 7 Billion consumers, wasters, polluters and in a general sense, NOBODY is prepared to act in sufficient amounts to create synergy with the environment....NOBODY!

Like it or not, the cure is Elitist Aristocracy. Like Monarchial Rule of old, when an elite few own all they WILL protect all. The child-minded greedy selfish masses are/must and WILL be controlled. The Kings lands are/must and WILL be protected.

Freedom or Survival; we've driven this monster to the pont where we only get to choose one.

My words may at first brush seem pessimistic, but they're not. Everyone wants to leave a legacy when they die; money, property, gold, cars, artwork....hey, here's a crazy fucking idea, how about we leave behind a nice planet, or is that too radical?!

Maiora pluraque in vita facienda sunt quam vivere!

Mon, 11/19/2012 - 22:03 | 2997684 Enslavethechild...
EnslavethechildrenforBen's picture

Historically speaking, periods on the Gold Standard are about a hundred times less destructive than periods when humans can just print paper money.

Mon, 11/19/2012 - 22:07 | 2997692 Yellowhoard
Yellowhoard's picture

Fool.

Mon, 11/19/2012 - 23:40 | 2997728 TwoShortPlanks
TwoShortPlanks's picture

Agenda 21 is so big you'll never stop it or even outrun it. Grabbing an armful of baked beans, guns and ammo and taking to the hills won't help, coz that's what they're trying to protect.

This isn't Germany 1928, this is a global initiative. IUCN-CEL is located in Bonn Germany and was established under Swiss Law. They answer to the UN and only the UN. Thus, whomever controls the UN effectively controls the 'Sustainable Development Program'. 170 countries have already signed up, so they're legally bound to the program.

So who's the "Fool" YellowHoard???...LOL...try digging a hole and sticking your head in it. While you're down there, here, familiarize yourself with what the Fourth Reich expects of you......be so kind as to take a shower so that we may reduce your carbon footprint.

WAS
ICEL: http://www.i-c-e-l.org/indexen.html
Draft: http://www.i-c-e-l.org/english/EPLP31EN_rev2.pdf

NOW
UN Doc, Environment and Sustainable Development: http://www.i-c-e-l.org/un-docs/indexun.htm
ICLEI: http://www.iclei.org/
Agenda21: http://www.un.org/esa/dsd/agenda21/
Agenda21 DOC: http://www.un.org/ga/search/view_doc.asp?symbol=A/66/440/Add.1
Agenda21 DOC: http://www.un.org/ga/search/view_doc.asp?symbol=A/66/287
Agenda21 DOC: http://www.un.org/ga/search/view_doc.asp?symbol=A/66/304
Agenda21, 'Water For Life': http://www.un.org/Docs/journal/asp/ws.asp?m=A/65/297

Hope you enjoy the read!

Tue, 11/20/2012 - 04:27 | 2998114 Sanksion
Sanksion's picture

The planet is fine, the people are fucked up.

Tue, 11/20/2012 - 08:57 | 2998304 archon
archon's picture

"The urge to save humanity is almost always a false front for the urge to rule..."  (H.L. Mencken)

Mon, 11/19/2012 - 18:27 | 2997102 Pladizow
Pladizow's picture

.

Mon, 11/19/2012 - 18:30 | 2997124 HoofHearted
HoofHearted's picture

And his worshippers get Nobel prizes in things like econ (that asshole Krugman) and PEACE (that fuckup Obama). Pass me another drink...make it something strong.

Mon, 11/19/2012 - 18:46 | 2997179 Bollixed
Bollixed's picture

From Mark Ames: "In fact, there is no such thing as a Nobel Prize in economics; its real name is the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel” and it was first launched in 1969 by the Swedish Central Bank and has since been denounced by Alfred Nobel’s heirs."

They're even bigger douchebags than we've been led to believe...

Mon, 11/19/2012 - 19:30 | 2997310 ShrNfr
ShrNfr's picture

I am a Austrian School myself, but Keynes was dead right about "The Economic Consequences of the Peace" Freebee for your Kindle: http://www.amazon.com/The-Economic-Consequences-Peace-ebook/dp/B000JQTXY... or get it gratis from Project Gutenberg

Mon, 11/19/2012 - 22:45 | 2997768 elementary
elementary's picture

Keynes was a bolshevik, collectivist, pervert, pedophile, homosexual and drug addict, with a proclivity toward the outrageous and push all boundaries. He later admitted that his economic theories were just that: theories. He wanted to play with the big boys and enjoy the lifestyle of the rich and famous. Therefore, he created theories about economics that TPTB wanted to hear. It was then, and is still now all rubbish.

Tue, 11/20/2012 - 02:13 | 2998035 Rogue Trooper
Rogue Trooper's picture

Well said....like Krugman 

"Well, Fitzgerald knew a thing or two. And I'm definitely functioning. As a good socialist, I'm going where the money is; as a good capitalist, I'm sticking with the revolution, because if you can't beat it, spy on it! Don't look like that, George. It's the name of the game these days. You scratch my conscience, I'll drive your Jag, right?"

The Roy Bland line from: Tinker, Tailor, Soldier, Spy.

Tue, 11/20/2012 - 00:33 | 2997951 Overfed
Overfed's picture

Keynes was a pederastic monster. He engaged the services of child sex-slaves all over the world. I hope he has a special place in hell all to himself.

Mon, 11/19/2012 - 17:54 | 2996985 TheGermanGuy
TheGermanGuy's picture

And if it worked back then it will work again

Mon, 11/19/2012 - 17:55 | 2996989 Stoploss
Stoploss's picture

The only hope left, is that mother fucker burning in hell..

Mon, 11/19/2012 - 18:00 | 2996998 vast-dom
vast-dom's picture

war may cure unemployment, but death cures all.

Mon, 11/19/2012 - 18:09 | 2997023 LouisDega
LouisDega's picture

Private Joker quote.. " The dead know only one thing: It is better to be alive".

Mon, 11/19/2012 - 22:41 | 2997759 A Nanny Moose
A Nanny Moose's picture

"In the long run we are all dead...." - JMK

Mon, 11/19/2012 - 18:06 | 2997013 oblom
oblom's picture

So Keynes is evil,  I get it (never mind the fact that probably fewer than 1% of visitors here read him).

 

So who do we worship this week? Is it Friedman's turn or Hayek's?

Mon, 11/19/2012 - 18:16 | 2997049 Opinionated Ass
Opinionated Ass's picture

Instead of worshiping as a collective "we", how about you try thinking as an independent "I". Scary, but you can do it.

Mon, 11/19/2012 - 18:23 | 2997091 oblom
oblom's picture

Sorry, can't do that. For as a *group* of individuals you are too easily programmable.

Mon, 11/19/2012 - 19:00 | 2997223 Poor Grogman
Poor Grogman's picture

Gee,  that really hurt my feelings..

Boo hoo

sniff sniff

Mon, 11/19/2012 - 19:02 | 2997226 TwoShortPlanks
TwoShortPlanks's picture

Like I wrote before, Gold is a wonderful metal for its ability to store value, and its dense weight for caving-in fucktard skull.

Oh, and it's peeeerdy!

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