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The Forum > Article Comments > The future of economics > Comments

The future of economics : Comments

By Steve Keen, published 1/2/2012

Neo-classical economics is wrong to think that economies exist in equilibrium.

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If a govt ; prints money for a reason of shortage, and not for added wealth. At some time that same amount of money has to be destroyed, or else you have a false economy. right.maybe.
Posted by 579, Saturday, 4 February 2012 7:49:07 AM
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579,

Funny monied False economy?

No! We use the funny money to buy strategic goods and services from poor countries. That means we are in effect stealing from them and they love us for it because they think its free trade.

The net result is that the rich get richer, the printed money gains its proper value and poor nations become our slaves.

Ah slavery! That's the way it has been since great-great grandpappy's day and that's the way we like it. And remember dopey Lincoln tried to change that economic EQUILIBRIUM by freeing slaves and look what happened to him!

Beware be warned!

Newt Gingridge.
Posted by KAEP, Monday, 6 February 2012 9:03:36 AM
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