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Proof that Keynesianism is wrong
Proof that Keynesianism is wrong
More Than Mortal
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This is the way the world ends. Not with a bang but a whimper.
A fiat fundie pro-Pigou-tax nazi eCONomist and Hitler named Paul Krugman was teaching a class on statism and Keynesianism (whoops, tautology!). "Before the class begins, you must get on your knees and accept that Fed Reserve notes are the One True Currency."
At this moment, a praxeologist, libertarian, math-rejecting Austrian who had written over 420 books in plain english and understood that inflation is an increase in the money supply and fully supported the legalization of anarcho-capitalism stood up and held up a gold bar.
"This is inherently valuable.”
The arrogant eCONometrickster smirked quite facistly and smugly replied "Specifically, in EconomicsTM , nothing is inherently valuable you stupid idiot.”
"Wrong. Value is entirely subjective, and humans will always love shiny things like gold because they are horses."
Krugthing was visibly shaken, and dropped his chalk and copy of Mein General Theory. He stormed out of the room crying those nazi Keynesian crocodile tears.
The students applauded and watched YouTube videos about how inflation is theft that day and accepted Bitcoin and Gold as the one true currency. A praxbro named Hans Hoppe flew into the room and perched atop a copy of Human Action and shed a tear on a copy of the U.S. Constitution when he learned gay people could now marry. The Fundamental Axiom was praxxed out several times, and Murray Rothbard himself showed up and abolished all government and central banks across the universe.
Krugthing lost all his tenure and was never stimulated again. He died from cutting himself on his edge while breaking windows and became a professor at CUNY.
That praxeologist's name? Ludwig von Mises.
June 27, 2015, 03:19:48 PM
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BrenMan 94
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I can't tell if you believe Keynesian economics is wrong or if you're making fun of the Austrian school.
June 27, 2015, 10:53:23 PM
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Rockets on my X
Yes.
June 28, 2015, 01:30:30 AM
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Economics is a joke
June 28, 2015, 02:01:55 PM
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in one breath, gold is "inherently valuable"
within the next, "value is entirely subjective"
lelelel
classic comedy
Last Edit: June 28, 2015, 02:47:31 PM by Verbatim
June 28, 2015, 02:39:27 PM
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Mad Max
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Is this supposed to be funny?
June 28, 2015, 06:17:15 PM
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it was hilarious, you pillock
god i thought liberals were supposed to have a sense of humor
June 28, 2015, 06:28:49 PM
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This is not the greatest sig in the world, no. This is just a tribute.
I'm economically challenged I thought it was hilarious.
June 28, 2015, 06:39:48 PM
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This is the way the world ends. Not with a bang but a whimper.
TIL that conservatives, socialists and libertarians have senses of humour, whereas liberals do not.
June 28, 2015, 06:41:20 PM
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Sep7agon
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Proof that Keynesianism is wrong