From Keynesian Shangri-La To Outright War

Monday, January 26, 2015
By Paul Martin

by Mark St.Cyr
ZeroHedge.com
01/26/2015

The problem with all Keynesian styled philosophy is, it works well, and seems utterly brilliant on paper and in the classrooms of academia – when trouble arises its “To the text books!” for answers and BAM! ā€“ crisis solved. However in the real world it doesn’t work that way. Just like war, when the battle starts, all earlier plans get thrown in the dust heap. And make no mistake, this was all started via armchair generals who believed monetary policy could be managed from within the Ivory Towers of academia and the consequences of these policies are multiplying by the day. >As Mike Tyson once said so eloquently: (Iā€™m paraphrasing) “Everybody’s got a plan ā€“ till someone punches them in the face.” The SNB has just landed the first blow. Now what?

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter