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File: 1447814207846.jpg (107.59 KB, 1023x800, 1023:800, 435.jpg)

 No.12700

So basically Keynesians led us to an economic golden age at first only then to lead us into stagflation in the 70's and 80's only then for the Washington Consensus to pop up which led to modern say neo-liberalism?

Keynesians also were the original supporters of having a central bank?

And monetarists called Keynesians out for their bullshit in the 70's and 80's?

sry for the autism

 No.12706

Keynes simply wanted to reverse the contradictions of capitalism, which is of course impossible.

He delayed the inevitable tho, we would be living in full communism if you retards got your way.


 No.12729

>>12706

Worthless post tbh


 No.12743

Keynesians definitely were the proponents of a central bank, though I'm not sure whether they led us into a golden age.

Keynesian economics can mitigate the effects of a crash, but they can only keep a country afloat for so long. Eventually all those crashed are gonna come back to bite you in the ass.

Though of course, their central bank policy is what makes these crashes so wide-reaching anyways.


 No.12748

>>12729

Kinda of like your life is worthless. You know you have to go through the suffering of life only to die, its all meaningless really, why not just kill yourself?

>>12743

Those crashes are guranteed because of capitalism.


 No.12804

>>12748

>Those crashes are guaranteed because of capitalism.

to an extent, it takes centralized banking to cause a '29 or '07.


 No.12852

>>12804

Wrong

It's capitalism


 No.12859

>>12852

Wrong

It's artificially loose monetary policy coupled with the oxygen intake of leftists


 No.12971

>>12859

Wrong

It's capitalsim


 No.12973

>>12971

Wrong

It's artificially loose monetary policy coupled with the oxygen intake of leftists


 No.13015

>>12973

Wrong

It's capitalism


 No.13030

>>12852

>>12859

>>12971

>>12973

>>13015

Wrong.

It's autism on the internet.


 No.13088

>>12852

Well that's not a very scientific response. Can you explain the exact mechanisms and cite peer-reviewed studies?


 No.13090

>>13088

https://www.marxists.org/archive/marx/works/1867-c1/



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