Robert (Bro. Pepper-spray of Reasoned Discussion) (montecristo) wrote,
Robert (Bro. Pepper-spray of Reasoned Discussion)
montecristo

Thomas Jefferson sums up Keynesian economics over a century before Keynes was born

"I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity in the name of funding, is but swindling futurity on a large scale."

-- Thomas Jefferson, letter to John Taylor, 1816
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