Writes Robert Katz:

John Maynard Keynes, 1883 – 1946, was an infamous British mountebank and soothsayer who overpoweringly advanced the idea that an effective way for the State to defray the extravagant expenses met on route to its worldwide barbarous pillaging would be for it to engage in mass counterfeiting. He based his prognostication of the scheme’s efficacy on the premises that the multitude was either ignorant enough to believe that the debasement of their money was beneficial or wicked enough to energetically participate as the State’s privileged partner in the sham of taking in sound money and passing out fake. He was alarmingly accurate on both behavioral suppositions. Some of the biggest and most dishonorable swindlers of this morally offensive confidence game are Alan Greenspan, Ben Bernanke, Janet Yellen, and Jerome Powell.