I'd call him a puppet on a string.

Unrestrained, right, my mistake, but close enough for our purposes I think. No need to apologize, I assumed a misunderstanding, not a deliberate misquote.

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Fine, Keynesian puppet or Austrian puppet?

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'99 E300 Turbodiesel, '82 300TD, 1996 12V Cummins Turbo, '94 Neoplan - Detroit 6V92TA

Why are those the only choices? I don't know that even Keynes would advocate a lot of the things the Fed does. He pretty much ignores human action, so that definitely takes him out of the Austrian camp.

watch out, Inigo Montoya doesn't like to quibble over definitions...

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https://media.giphy.com/media/X3nnss8PAj5aU/giphy.gif

I think you're probably right about Keynes, he had well defined ideas about currency debasement. Nevertheless, the Bernank and Geithner and Co. identify themselves as Keynesians. What do you want to call them?

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Not sure. But some much more powerful guys got together and created the institutions they work for. Their motivations certainly seem to be consolidation and hegemony. Bernanke and Geithner types are selected for their ability to do what they're told. Take Greenspan, called himself a laissez-faire type, advocated the gold standard and whatever else, but went 180 degrees as Fed chair. So, what they call themselves offers little insight. I've heard the term "neo-feudalist" which seems fitting.

Those turds weren't Austrians either, nor were they particularly capitalist. Yeah, Greenspan, funny guy, preaches against fiat, prints fiat like a fiend.

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