Something Wicked This Way Comes

The darkest times in human history have all begun when someone decided "not to let a serious crisis go to waste". In fact, it is in times of economic crisis that folks are most susceptible to the ideas of tyrants. We look for an answer, any port in a storm that will shield us from the unknown. And in our desire to be safe, we open ourselves up to things that we would never have dreamed of allowing in normal times.Consider, my friends that Germany in the 1930's was suffering from massive unemployment and high inflation, mostly due to the effects of the Great Depression. Hitler appointed Hjalmar Schacht as Minister of Economics to combat this and bring Germany into fresh prosperity. Schacht leaned on Keynesian Economics to this end, specifically in the areas of large public works programs supported by deficit spending. For those that don't know, deficit spending is when the Government purposefully spends more money than they receive through tax revenues. The theory is that by...(Read Full Article)

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