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A question to those Classic Liberals out there.
Do you think we are approaching the Keynesian Economics End game?
Artificial Booms and Busts since the end of WW2 have accumulated unpayable levels of debt, with the only way to minimalize it is via Financial repression from the Central banks to devalue the currency in which debt has to be paid from, which in turn will put the economy of said Country towards Hyper inflation.
This pattern is most evident in Japan who had their 2008 like Crisis back in the early 90s and now have nearly 300% economic Debt with no possible way to pay it without making the economy having negative growth.
Murphys law comes into effect if your going to artifically boost an economy it has to naturally come down at some point, but keynesian economics is in direct opposition of any negative growth with a failed premise that the good times must never stop.
Do you think we are approaching the Keynesian Economics End game?
Artificial Booms and Busts since the end of WW2 have accumulated unpayable levels of debt, with the only way to minimalize it is via Financial repression from the Central banks to devalue the currency in which debt has to be paid from, which in turn will put the economy of said Country towards Hyper inflation.
This pattern is most evident in Japan who had their 2008 like Crisis back in the early 90s and now have nearly 300% economic Debt with no possible way to pay it without making the economy having negative growth.
Murphys law comes into effect if your going to artifically boost an economy it has to naturally come down at some point, but keynesian economics is in direct opposition of any negative growth with a failed premise that the good times must never stop.