The Keynesian Demand Fallacy - Schiff Gold
The Keynesian Demand Fallacy - Schiff Gold
Source: Schiff Gold
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DW NOTE
The article title promises to dismantle Keynesian demand theory but offers no excerpt — which tells you everything. When Austrian School advocates title a piece "The Keynesian Demand Fallacy," they mean demand-side stimulus doesn't work; when they provide no substance to preview, they're preaching to the choir. Meanwhile, PPI is running at 5.51% while CPI trails at 3.53% — a gap that suggests either forward inflation or collapsing margins, neither of which any school of economics has solved.