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'He sees Keynesians as “manipulative.”
So let us define “Keynesian” to be descriptive of a “school of thought” that originated at the time of the devaluations of the pound and the dollar in the early 30’s of the 20th century. Then, more specifically, a “Keynesian” would favor the existence of a “manipulative” state establishment of central bank and treasury which would continuously seek to achieve “economic welfare” objectives with comparatively little regard for the long term reputation of the national currency and the associated effects of that on the reputation of financial enterprises domestic to the state.'
https://www.dollarvigilante.com/blog/2015/06/01/john-nash-hated-keynesians.html
http://www.zerohedge.com/news/2015-06-02/john-nash-hated-kaynesians
So let us define “Keynesian” to be descriptive of a “school of thought” that originated at the time of the devaluations of the pound and the dollar in the early 30’s of the 20th century. Then, more specifically, a “Keynesian” would favor the existence of a “manipulative” state establishment of central bank and treasury which would continuously seek to achieve “economic welfare” objectives with comparatively little regard for the long term reputation of the national currency and the associated effects of that on the reputation of financial enterprises domestic to the state.'
https://www.dollarvigilante.com/blog/2015/06/01/john-nash-hated-keynesians.html
http://www.zerohedge.com/news/2015-06-02/john-nash-hated-kaynesians