Tuesday, February 16, 2016

Lord Keynes — Marx rejected Fiat Money


Quotes from Marx showing that he was a gold bug.

Social Democracy For The 21St Century: A Post Keynesian Perspective
Marx rejected Fiat Money
Lord Keynes

2 comments:

Matt Franko said...

Old Testament background... (Jewish).... has the old Temple operations as his paradigm as does current Christendom also ... the Temple used weighed measures of metals...

Not much valuable analysis from Marx for us because of this...

Tom Hickey said...

Not much valuable analysis from Marx for us because of this...

That's throwing the baby out with the bathwater.