Comments on: Is Keynes the true father of the Venus Project ideology? http://www.pointbite.com/2009/04/19/is-keynes-the-true-father-of-the-venus-project-ideology/ pointbite.com Sat, 11 Feb 2012 15:32:55 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Joe http://www.pointbite.com/2009/04/19/is-keynes-the-true-father-of-the-venus-project-ideology/comment-page-1/#comment-6412 Joe Fri, 18 Mar 2011 22:19:59 +0000 http://www.pointbite.com/?p=934#comment-6412 Ahem.. John Maynard Keynes, ahem.. Ahem.. John Maynard Keynes, ahem..

]]> By: jeanlab http://www.pointbite.com/2009/04/19/is-keynes-the-true-father-of-the-venus-project-ideology/comment-page-1/#comment-6299 jeanlab Sun, 17 Oct 2010 04:27:32 +0000 http://www.pointbite.com/?p=934#comment-6299 Marx had a system applicable for his time, Keynes had his 30 years of prosperity cause these was a basic honesty in the system at the time, today the system being a complete fraud (casino type economy with lobbeying and speculation base)the Keynes theories could not work, ONLY SOLUTION Apply the Tobin tax to reduce speculation and Enforce the SocialCredit system as proposed by the economist Clifford Hugh Douglas years ago to the British and Canadian governments and rejected by the bankers lobbey Marx had a system applicable for his time, Keynes had his 30 years of prosperity cause these was a basic honesty in the system at the time, today the system being a complete fraud (casino type economy with lobbeying and speculation base)the Keynes theories could not work, ONLY SOLUTION Apply the Tobin tax to reduce speculation and Enforce the SocialCredit system as proposed by the economist Clifford Hugh Douglas years ago to the British and Canadian governments and rejected by the bankers lobbey

]]> By: point http://www.pointbite.com/2009/04/19/is-keynes-the-true-father-of-the-venus-project-ideology/comment-page-1/#comment-5674 point Wed, 29 Apr 2009 04:10:06 +0000 http://www.pointbite.com/?p=934#comment-5674 That's a more difficult question. Most mainstream economists (Keynesians and others) have been convinced for decades that government can manage the economy by managing the supply of money, but there are many different ways to do it. You can deficit spend (fiscal stimulus) or you can lower interest rates (monetary stimulus). If you want my opinion, they're both wrong. Not because it can't work in the short term, but because the long term consequences of cumulative mal-investments actually serve to magnify the business cycle as opposed to smoothing it out. The government makes the booms bigger during the good times and the busts harder during the bad times. If you want to learn more about that perspective, look up "Austrian Economics". Watch this interesting video I found the other day: http://www.youtube.com/watch?v=czcUmnsprQI That’s a more difficult question. Most mainstream economists (Keynesians and others) have been convinced for decades that government can manage the economy by managing the supply of money, but there are many different ways to do it. You can deficit spend (fiscal stimulus) or you can lower interest rates (monetary stimulus). If you want my opinion, they’re both wrong. Not because it can’t work in the short term, but because the long term consequences of cumulative mal-investments actually serve to magnify the business cycle as opposed to smoothing it out. The government makes the booms bigger during the good times and the busts harder during the bad times. If you want to learn more about that perspective, look up “Austrian Economics”.

Watch this interesting video I found the other day:
http://www.youtube.com/watch?v=czcUmnsprQI

]]> By: alice http://www.pointbite.com/2009/04/19/is-keynes-the-true-father-of-the-venus-project-ideology/comment-page-1/#comment-5644 alice Sat, 25 Apr 2009 16:04:53 +0000 http://www.pointbite.com/?p=934#comment-5644 So was it Keynesian economics which caused the condition you are refering to....low interest rates? I don't see the attraction to investors if the interest rates are low. And I assume that if the interest rates are low for the borrower, the same is true for the investor. I am really trying to understand this. One gets so many perspectives in the media.I listened to about 3/4 of the talk about Keynes. I paused it and couldn't get back to where I had been and didn't want to listen to the whole thing again. So was it Keynesian economics which caused the condition you are refering to….low interest rates? I don’t see the attraction to investors if the interest rates are low. And I assume that if the interest rates are low for the borrower, the same is true for the investor.

I am really trying to understand this. One gets so many perspectives in the media.I listened to about 3/4 of the talk about Keynes. I paused it and couldn’t get back to where I had been and didn’t want to listen to the whole thing again.

]]> By: point http://www.pointbite.com/2009/04/19/is-keynes-the-true-father-of-the-venus-project-ideology/comment-page-1/#comment-5640 point Fri, 24 Apr 2009 23:56:51 +0000 http://www.pointbite.com/?p=934#comment-5640 I blame the excess capital. In a free market economy there is no way the funding would have existed for all those mortgages to begin with, regardless of greed or incompetence. Where did the excess capital come from? Interest rates were way too low and there was a channeling of money into Washington and Wall Street by foreign governments. That's the risk with an inflationary monetary system, sometimes the money gets funneled into a small section of the economy. I blame the excess capital. In a free market economy there is no way the funding would have existed for all those mortgages to begin with, regardless of greed or incompetence. Where did the excess capital come from? Interest rates were way too low and there was a channeling of money into Washington and Wall Street by foreign governments. That’s the risk with an inflationary monetary system, sometimes the money gets funneled into a small section of the economy.

]]> By: alice http://www.pointbite.com/2009/04/19/is-keynes-the-true-father-of-the-venus-project-ideology/comment-page-1/#comment-5593 alice Wed, 22 Apr 2009 04:19:16 +0000 http://www.pointbite.com/?p=934#comment-5593 I suppose the attempt to make home ownership available to those who truly couldn't afford it is a cause of the current collapse. But wasn't it the greed of those who sold those mortages without disclosing the risk the overarching cause? I suppose those Keynesians didn't forsee the actions which were taken by the opportunists. At the end of the day, people will always want to take advatage of opportunities which present themselves. Maybe if those in charge of regulations had been doing their jobs, they'd have been able to prevent the calamity. I suppose the attempt to make home ownership available to those who truly couldn’t afford it is a cause of the current collapse. But wasn’t it the greed of those who sold those mortages without disclosing the risk the overarching cause?

I suppose those Keynesians didn’t forsee the actions which were taken by the opportunists. At the end of the day, people will always want to take advatage of opportunities which present themselves.

Maybe if those in charge of regulations had been doing their jobs, they’d have been able to prevent the calamity.

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