ZeroHedge LoveFest

I read ZH most days, and usually like the commentary. Of late, though, there have been a few columns that are just GOLD. Though it will be spotty, let me jump around on a few… ZH: The Societal Normal is completely abnormal, and has been for some time. Some Stats?: – The Federal Reserve’s balance…

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Keynes’ Math Errors

Lord Keynes, inventor of the highly esteemed make-believe system we call Keynesianism, believed that a “multiplier effect” would take place when the government spent money in one area or other. Similar to the idea of “velocity of money,” this nonsense “showed” that money the government spent on Social Security, war, or food stamps, would move…

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