John Maynard Keynes, who should be burning in Hell for his shyster economic theories, is largely responsible for our current looming apocalypse. His theory basically is that only demand, made more real than just wishing for things by creating fiat money and credit, is important, since in his myopic, context-dropping theory, people produce a supply when there is a demand. (That they’d want the money they are paid to be valuable enough to buy someone else’s products he neglects to envision.)

His theory was refuted by F.A. Hayek at the time. But politicians usually ignored the refutations, since they saw a way of expanding their power and budgets while using a bit of Cambridge University produced con artistry as cover. Politicians are the first ones to get to spend new fiat currency and credits, deciding which donors, cronies, businesses, organizations will get it, before it causes inflation and reduces the purchasing power of the currency in general. It allows a constant redistribution of wealth to whoever controls the printing press and those nearest to them.

Keynes is also famous for saying: “The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually slaves of some defunct economist.” Once again he is wrong. We are currently........

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