Quote from: johnyj on March 23, 2015, 02:11:52 AM

If alien come to earth, they will be shocked by the fact that human on earth will starve just because money printer is not working

Lol. Wouldn't it be cool to see a documentary on human beings, just observing behaviour with no basic assumptions? Narrated by David Attenborough of course.

Quote from: dulldog on March 23, 2015, 03:30:05 PM

Interesting.
Are you familiar with the publications of John Keynes? I bet you you'd love his ideas.

However I think this topic is more of a philosophical issue and it's not about money after all. But it's about human nature with its constant growing greed.

I haven't been a fan of the Keynesian system because like many other theories, it only works properly (to benefit the general population rather than a selective/elite group) with a benevolent government that has no self-interest. So with a responsible government, it would work a lot better, but with the current style of government, it just gives way too much power to a few people, which is constantly exploited at the cost of avg Joe. All the wars that we've had in the past few decades....would it be possible without a Keynesian system? The speculation and asset bubbles?

So far, I only see libertarians wanting to move away from Keynesian economics, and they don't have a realistic chance at being elected.