3 votes

Cavuto guest dissing Keynesian economics

at 3:10

"what happens when all those trillions in stimulus hit the market...?

http://video.foxnews.com/v/1832800313001/swiss-america-ceo-c...

Yes indeed, what happens is hyperinflation, but as Cavuto says, that will be after the election!!! Because as we all know the only thing that matters is who gets elected and thus who will be to blame when the SHTF.



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Doesn't Austrian Economics teach that new money takes 18 months

to 24 months on average to raise prices to the point of parity with the money supply?

That is approximately how long it took gold to go from $900 to $1800.

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that sounds logical,

but didn't our money supply triple in the last 5 years?