The Shuffle

Carleas.

The debt problem we are talking about is 73 years old, if the basis is the 1944 starting system of Bretton Woods, or 46 years old, if the basis is the 1971 starting system of the bastard economy, of the reversing the gold backing of the US Dollar, of the dictatorship of the inflationism, of the exponentially increasing debts.

Keynes said in the 1930s that the government should contract debts in order to kick-start, to stimulate economy. When somebody critizised that this would lead to increasing debts and asked Keynes what should be done in the long run, Keynes answered cynically: "In the long run we are all dead“. With that cynical statement he admitted to know the evil consequences of his theory.

By the way: Keynes had no children.

Now, 73 years after 1944 (see above) and 46 years after 1971 (see above) there are generations who had already huge debts when they were born, not to mention the generations of the future who will be born with even huger debts. We all know that if debts will not be paid back by money, they will be paid back by blood, by death. Certain generations will have to pay back the debts in the uncertain future (whenever that will be - perhaps tomorrow).

Do you have children?