On Apr 3, 2009, at 6:20 PM, Jim Devine wrote:
monetary cranks are ... cranks.
I could swear that Keynes said somewhere that the essence of monetary crankery is thinking that if you fix money, everything else will fall into place. I can't find the quote, alas. But it seem right. Cranks love to blame the Fed for our problems, and have little to say about property ownership, the distribution of income, the nature of work, our relation with the earth, etc.
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