And as it turns out, he was also not so good at predictions of other sorts.
My favorite part is when he announces that prices won't rise as a result of going off the gold standard. The price of gold then was around £5. Today, it's £1,095. And of course, as we all know, Great Britain is still the industrial powerhouse of the world...
So says the Austro-Economist follower, Vox.
3 comments:
Heh.
I didn't think you were at all uncomfortable taking advice from unmarried, childless men who are oftentimes homosexuals. You are Catholic aren't you?
Next.
Based on your devotion to the old queer, you're more Catholic than I am.
But then, I never ask priests about "how to run a national economy into the ground in 5 years or less".
Prolly should. They couldn't possibly do worse than Keynes and his current BFF, Obozo/Geithner/Bernanke. (A threesome!!)
Ah you're cracking me up today dadster.
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