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Thursday
Sep092010

Burning of John Maynard Keynes Book Causes Uproar

The central banking and political world are up in arms about a planned John Maynard Keynes book burning.

The burning was announced by Jeff Berwick, Chief Editor of The Dollar Vigilante, to take place on December 23, the anniversary of the Federal Reserve Act of 1913.

Top central bankers in the United States warned that flimsy economic theories would be in danger if the burning of a copy of John Maynard Keynes, The General Theory of Employment, Interest & Money went ahead.

"What is most dangerous," stated one central banker, "is if this causes people to even logically think for more than a few moments about economics then this entire structure we've built could begin to collapse.  We've done a great job for a long time telling the average man on the street that economics is too difficult to understand."

US diplomats and members of the Goldman Sachs’ run Department of Treasury called the plan, “disrespectful and dangerous”.

But organizer, Jeff Berwick, Chief Editor of The Dollar Vigilante said: “We must send a clear message to the radical element of Keynesians," he continued, "Which, basically means, all Keynesians.”

The controversy comes at a time when Federal Reserve and US Treasury officials have bankrupted the country by blindly following Keynesian economics.

“In addition to being offensive, the Keynes protest puts at risk those brave Americans who are fighting abroad for the freedoms and values that we believe in as Americans,” said one US Senator.  “Those values being that the government creates a central bank who manipulates the price of money and uses inflation as a hidden tax."

Riots and demonstrations have erupted in numerous locations where central bankers and politicos gather including Jackson Hole, Wyoming where one central banker was quoted as saying, "This is an attack on our religion and we will not stand for it!"

Asked if they had plans of their own to burn F.A. Hayek's The Road to Serfdom and Ludwig Von Mises The Theory of Money and Credit most central bankers acted confused and did not seem familiar with the books.

A high ranking US diplomat who wished to remain anonymous stated, "This could very well bring an end to the American way of life.  If the burning of Keynes' book goes forward it very quickly could bring into question all of our basic values including the right for the government to print as much money as is needed to enter into as many wars as is necessary to keep the military industrial complex happy."

Despite all the pleas for a stop to the burning, Jeff Berwick remained adamant that he is going to go through with the burning, stating, "I think I'll burn a copy of the New York Times which contains any article by Paul Krugman too."

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    Response: Austrian Economics
    [...]Burning of John Maynard Keynes Book Causes Uproar - The Dollar Vigilante Blog -[...]

Reader Comments (6)

I loved it! Thanks for the hearty laugh

September 9, 2010 | Unregistered CommenterRandy

And here I was pulling out my calendar to attend!!! I say we do it. I drove from Detroit to D.C. for a one day Ron Paul march and I'd certainly do it for a Keynes book burning!!!!! Burn baby, burn!

September 10, 2010 | Unregistered CommenterFinn

i sent a cut-and-paste of your piece on j. m. keynes' book burning to so many people on facebook that they flagged me for spamming.

i urge everybody to send this thing to everybody they know who might like it, and urge them to have a book burning in their own community on dec 23rd. apply for a parade and demonstration permit. i think it would be very hard to argue that this is not protected political "speech." lets see a demonstration en every city, town, and village in the nation!

hanging keynes from a lamp post in effigy might be a little over the line, but it would be hard to argue that hanging somebody in effigy who's already dead was a 'hate crime."

treefrog

September 11, 2010 | Unregistered Commentertreefrog

addendum:

an especially good venue to hold such a demonstration would be in front of a bank that's been recently closed by the f.d.i.c.

lets see if we can't get this thing to go viral!

treefrog

September 11, 2010 | Unregistered Commentertreefrog

excelent!!!!!
so much RISA JAJAJAJAJA

September 12, 2010 | Unregistered Commenterxxx

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