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In a 2009 MSNBC interview, when asked about the implosion of the mortgage markets, Congressman Ron Paul responded: "We've had inflationism, corporatism, big government.
It's not surprising that Keynesianism was equated with inflationism, even though Bartlett believes that that was not Keynes' intent.
When a country embarks on deficit financing and inflationism, you wipe out the middle class as wealth is transferred from the middle class and the poor to the rich.