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Keep your kids away from Keynes 💀
63,953 просмотров • 11 месяцев назад •via X (Twitter)
Комментарии: 22

Keynes had a point about spending driving the economy. Velocity of money is an important factor in economic growth Unfortunately, his point didn't consider the disastrous effects of inflation in the long term.

Catch the entire episode “Melting Money & Fancy Fridges” here!

Maybe if you’d actually read a page of economics instead of watching cartoon clips for dopamine, you’d know you’re not even attacking what Keynes said. While he’s hardly anyone’s patron saint here, his basic point was counter-cyclical policy: run surpluses or at least tighten belts in the boom, then spend what you’ve accumulated and tolerate deficits in the bust to stop a collapse in demand. That’s the whole “good times/bad times” rhythm you’re mangling. You’ve turned it into a straw man, set it on fire, and congratulated yourself for inventing heat. And yes, Keynes was writing in the world of a gold standard, where the constraint is real and physical. The logic doesn’t magically vanish because you change the unit. If you had a bitcoin standard, you don’t get more bitcoin by decree any more than you get more gold by signing a press release. The supply is fixed by the rules, so the only way credit expands is through banking layers — meaning fractional-reserve behaviour on top of a hard base. It’s the same mechanism with a different label. So no, this isn’t some deep dunk on Keynes. It’s a reminder that you can dislike a theory without hallucinating a new one to dislike. Try reading the text you’re parodying before you announce that you’ve defeated it.

when will the tuttle twins meet ludwig von mises

They met him is Season 2!

Keynes was one of the greatest economists of the XXth century, and you being an economically illiterate retard doesn't change a thing

Say you’re an American without saying your an American

“Keep your kids away from Keynes” Indeed 🫡 @saifedean

Actually funny conservative propaganda. Still wrong and indoctrinating though.

This is hilarious!

Inflation is how the government steals your money. Your money loses value over time as the economy grows because they print money to steal that increase. If they didn't print money, your dollar would grow with the economy. Don't believe the lie that inflation is good. It's only good for the elites.

Hilarious !

Amazing work🌟💕

It's ironic how Libertarians never managed to succeed, at least, in Argentine (Argentine has no money) While Keynes made America great again - which is a wet dream of every MAGA.

"That's an actual Keynes quote" now that was funny.

I didn't know, and can't believe, that's a real quote of his...

Very nice 😄

They're all kids 🤦♀️

Keynesian economics - it would be funnier if it wasn’t so accurate.

Propaganda for kids.

Great stuff

Good episode yesterday. Need to see Litecoin though in an episode. Bitcoin only doesn't work, especially when there is an alternative that has the same special characteristics and has dogecoin merge mined with it.
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