Thread by @cb6184444

Thread 🧵

Aside from two whole minutes, listening to #JanetYellen feeling like I just watched paint dry, the last question Kennedy asks her about Keynesian economic theory is very very telling… she squirmed 👈

So I looked it up…

2/ The core of the Keynesian economic school of thought, is that government intervention can stabilize an unstable economy. British economist John Maynard Keynes developed a theory that free-markets do not play much of an economic role during periods of inflation.

Sound… twitter.com/i/web/status/1…

3/ The Keynesian theory of economics leans towards a centrally planned economy. It implies that the government knows what is best for the economy as a whole. Keynesian Economics is also often referred to as depression economics.

Sound familiar?

4/ Keynesianism focuses on the need for government spending to control the economy. The theory is that if you increase money into circulation, you will create a positive upturn on a failing economy.

Sound familiar?

5/ The Keynesian economic theory pushes government intervention, with three main metrics, the government should monitor closely.
1.Interest Rates
2.Tax Rates
3.Social Programs

Sound familiar?
Can you feel the control?

6/ So in summary the Secretary of the Treasury along with the rest of our incompetent dirty & destructive government are following the Keynesian economic format to wreck the place …

Now go watch some paint dry. Go get a 🦷 pulled. Trust me. A 2 minute video of her is way worse.