Twitter   RSS   Email  

 How the Global Economy is Dependent on Christianity

 Why America May Never Recover From the Recession

 Save Money Homeschooling

Video: Hayek vs. Keynes, Explaining Why Government Planning and Economic Spending Always Lead to a Bust

By: Steve Johnson

1/26/2010 - 50 Comments

Most of the economist today believe in the ideas of the Keynes that spending leads to prosperity, yet the destruction of many nations proves the opposite. 

Hayek was an economist that taught just the opposite, teaching the results of government central planning the economy and trying to spend its way out of a boom-bust cycle, which was created by a previous boom-bust cycle.

This little video attempts to show the different positions.

The Keynesian ideas that most of the world is following today, will lead to a bigger bust as many nations continue to print there way closer to hyperinflation.

Just yesterday, China is starting to realize they are headed in the wrong direction as they told their banks to cut down on lending and start raising capital.  Eventually, they will have to drop their peg to the dollar to stop the massive inflation they are dealing with. 

When they do that, the dollar will sink and the inflation that we have been exporting will come home.

At the same time, we have Obama projecting to spend another 1.35T in deficits in 2010 and creating new stimulus packages for the middle class.  This is a madmans approach to economics and we are headed for a BIG bust.

Copyright © 2019 All rights reserved.

The Hyperinflation Survival Guide: Strategies for American Businesses

The Hyperinflation Survival Guide offers strategies for business managers to keep their enterprise afloat in the midst of runaway inflation. Within this succinct little book are a plethora of sensible business strategies for American businesses. If businesses are to survive they must effectively counter and minimize the ill effects of rampant inflation and/or hyperinflation. The utmost prudence is required in managing accounts receivable, inventory, and production at such a time. A sudden inflationary economic downturn may very well bring a business to its knees leading to insolvency.

Gold: The Once and Future Money

Governments and central bankers around the world today unanimously agree on the desirability of stable money, ever more so after some monetary disaster has reduced yet another economy to smoking ruins. Lewis shows how gold provides the stability needed to foster greater prosperity and productivity throughout the world. He offers an insightful look at money in all its forms, from the seventh century B.C. to the present day, explaining in straightforward layman’s terms the effects of inflation, deflation, and floating currencies along with their effect on prices, wages, taxes, and debt.

Day of Reckoning

In Day of Reckoning, Pat Buchanan reveals the true existential crisis of the nation and shows how President Bush's post-9/11 conversion to an ideology of 'democratism' led us to the precipice of strategic disaster abroad and savage division at home. Ideology, writes Buchanan, is a false god that seeks vainly to create a paradise on earth. While free enterprise is good, the worship of a 'free trade' that is destroying the dollar, de-industrializing America, and ending our economic independence, is cult madness.

Crash Proof

Peter Schiff has predicted the economic hardship more accurately then any other economist in the world in this book. Everything from the housing crash to the credit crunch to the stock market. Peter has a plan to help you servive the crash. Peter explains why the Wall Street investment firms are still trying to sell you stocks, and was the house prices are likely to continue to decline for years to come.