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Dan Romero
@dwr.eth
What happened?
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balajis
@balajis.eth
DC silently taxes the world through inflation. Like Europeans, Republicans mysteriously became relatively poor relative to Democrats after 2008. And Arabs saw their food prices spike, leading to the Arab Spring. Blue Americans did ok though… See this thread: https://twitter.com/balajis/status/1640031435208937472
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balajis pfp
balajis
@balajis.eth
Keynesianism has always been stealth communism. The communist steals by force. The Keynesian does it through invisible inflation — deniable to everyone, even himself. That’s how Keynes himself caused the Bengal Famine: eroding purchasing power of Indians to pay for war, pushing them into famine. bit.ly/3K1QZ6t
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balajis pfp
balajis
@balajis.eth
“The alternative was to tax ordinary people, but Keynes knew that imposing any direct taxation on a population that was already immiserated would likely trigger riots. So he advocated for an indirect tax, through deliberate inflationary policy…killing more than three million people”
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chicago
@chicago
Thanks for sharing this article. Learned lots 🤯
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