Awesome Video: 1933 Keynesian Propaganda

[itsthepathocrats]

Some things never change... propaganda is alive and well, just as it
was in this video in 1933.

http://www.youtube.com/watch?v=99Dzdc1H0wM

[Jeremy]

This is a cow.






lol wtf

[Conza88]

"I'll explain inflation... wait, wait, ok, I'll explain inflation"

lol

[mport1]

Wow, can't believe anybody would believe that crap.

[emazur]

Good find, upped to digg:
http://digg.com/business_finance/1933_Keynesian_propaganda_film_explains_The_Joy_of _Inflation

[WRellim]

Notice the "Forgotten Man" -- the person who had any money SAVED is never mentioned... and what happened to that guy?

Oh yeah... inflation sure worked wonders didn't it... why the depression only lasted for another... TEN + YEARS -- a whole DECADE.

And never mind that all previous recessions/depressions typically lasted for less than 2 years.

[idiom]

........ and you probably dont understand it now.

[rational thinker]

But Keynesian theory began in 1936....

[fr33domfightr]

What's interesting about the video is, they said wages would go up, but they didn't meniton that inflation would grow faster, leaving you poorer. I don't know when that was made, but if I had to guess it would have been justification for getting us off the gold standard, so dollars could be devalued.


FF

[sevin]

oh my god! no wonder the depression lasted so long. that is some of the worst logic ever

[hadenough]

http://www.youtube.com/watch?v=2kSuzLfn62U

Anybody notice any eerie similarities between these two videos.:D

Remember inflation, I mean dodgeball is a sport of violence, exclusion and degradation.

-Patches O'Houlihan

[hadenough]

Don't miss the part where Timmy hits the opium!!! They must have edited the opium out of the inflation propaganda video, 'cuz they had to be smokin'.

[Pepsi]

I remember my one teacher in Middle School would show those old Newsreels. I do think she did show that one.