In his latest post, John Hussman takes a well deserved swipe at illegal Fed operations, Geithner, Bernanke, and Keynesian stimulus. Please consider a few snips from Implications of a Likely Economic Downturn. …. With regard to “stimulus” plans, my difficulty with last year’s policies is not so much an aversion to government spending as it is a rebuke of the notion that government spending is by its nature stimulative or beneficial to the economy. The issue is how this real value …

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Hussman Blasts Geithner, Bernanke, Keynes; Why Keynesian Stimulus Always Fails