-- Posted Friday, 10 September 2010 | | Source: GoldSeek.com
By: Jeff Berwick – The Dollar Vigilante
The central banking and political world are up in arms about a planned John Maynard Keynes book burning.
The burning was announced by Jeff Berwick, Chief Editor of The Dollar Vigilante, to take place on December 23, the anniversary of the Federal Reserve Act of 1913.
Top central bankers in the United States warned that flimsy economic theories would be in danger if the burning of a copy of John Maynard Keynes, The General Theory of Employment, Interest & Money went ahead.
"What is most dangerous," stated one central banker, "is if this causes people to even logically think for more than a few moments about economics then this entire structure we've built could begin to collapse. We've done a great job for a long time telling the average man on the street that economics is too difficult to understand."
US diplomats and members of the Goldman Sachs’ run Department of Treasury called the plan, “disrespectful and dangerous”.
But organizer, Jeff Berwick, Chief Editor of The Dollar Vigilante said: “We must send a clear message to the radical element of Keynesians," he continued, "Which, basically means, all Keynesians.”
The controversy comes at a time when Federal Reserve and US Treasury officials have bankrupted the country by blindly following Keynesian economics.
“In addition to being offensive, the Keynes protest puts at risk those brave Americans who are fighting abroad for the freedoms and values that we believe in as Americans,” said one US Senator. “Those values being that the government creates a central bank who manipulates the price of money and uses inflation as a hidden tax."
Riots and demonstrations have erupted in numerous locations where central bankers and politicos gather including Jackson Hole, Wyoming where one central banker was quoted as saying, "This is an attack on our religion and we will not stand for it!"
Asked if they had plans of their own to burn F.A. Hayek's The Road to Serfdom and Ludwig Von Mises The Theory of Money and Credit most central bankers acted confused and did not seem familiar with the books.
A high ranking US diplomat who wished to remain anonymous stated, "This could very well bring an end to the American way of life. If the burning of Keyne's book goes forward it very quickly could bring into question all of our basic values including the right for the government to print as much money as is needed to enter into as many wars as is necessary to keep the military industrial complex happy."
Despite all the pleas for a stop to the burning, Jeff Berwick remained adamant that he is going to go through with the burning, stating, "I think I'll burn a copy of the New York Times which contains any article by Paul Krugman too."
Jeff Berwick
Chief Editor
The Dollar Vigilante
The Dollar Vigilante is a free-market financial newsletter focused on covering all aspects of the ongoing financial collapse. The newsletter has news, information and analysis on investments for safety and for profit during the collapse including investments in gold, silver, energy and agriculture commodities and publicly traded stocks. As well, the newsletter covers other aspects including expatriation, both financially and physically and news and info on health, safety and other ways to survive the coming collapse of the US Dollar safely and comfortably. You can sign up to receive our FREE monthly newsletter, our Basic Newsletter ($15/month) or our Full Newsletter ($25/month) with specific stock recommendations and updates at our Subscriptions page on our website at DollarVigilante.com.
Copyright © 2010 Jeff Berwick
-- Posted Friday, 10 September 2010 | Digg This Article
| Source: GoldSeek.com
