[ExI] The Dogs of Immortality

Kevin Freels kevinfreels at insightbb.com
Wed Jul 16 02:10:15 UTC 2008


Lee Said:

"The only way out of a recession is for companies to pull back and refocus
their efforts to make real profit. The recession is a sign that they've been
working on the wrong things. But the Keynesians interfere with this
natural process by pumping money into the economy so as to (temporarily)
prevent the natural layoffs and refocusing that's needed. So companies
continue their misguided policies, often also fooled by the inflation (that
the Keynesians create) into thinking their activity profitable when it's really
not."

Thanks for that brilliant analysis. I was working hard to find a way to say the same thing but it would have taken several paragraphs...... lol



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