Джон М. Кейнс против Фредa А. Хайека в рэп битве о природе экономических бумов и спадов.
Расшифровка видео
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Lord Keynes welcome sir it’s a pleasure
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pleasures all mine your agenda that
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won’t be necessary
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I am the agenda tell them I’ve arrived
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and then tell them I’ve arrived and your
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name is Mike F a fine
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click
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Freddie Hank they listen party at the
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Fed Harbor I met Bobby John Maynard
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Keynes FA Hayek
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yeah we’re opposed we oppose each other
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philosophically in the same studio for a
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century
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I want to steer mortgage I love them
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there’s a boom and bust cycle and good
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reason to fear it playful whimpers no
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it’s the animal spirits John Maynard
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Keynes wrote the book on modern macro
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the man you need when the economy’s off
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track depression recession now your
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questions in session have a seat and
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I’ll school you with one simple lesson
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one 1929 the big crash we didn’t bounce
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back economy’s in the trash persistent
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unemployment the result of sticky wages
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waiting for recoveries that’s outrageous
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I had a real plan any fool can
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understand the advice real simple who’s
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never gets a man see ID altogether gets
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two why keep that total grow and watch
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the economy fly
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or for a century I want to steer I want
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them set there’s a boom and bust cycle
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and good reason to fear it playboy
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interest rate it’s the animal spirit you
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see it’s all about spending here they’re
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registered to Ching circular flow the
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dough is everything so if that flow is
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getting flow doesn’t matter the reason
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we need more government spending now its
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stimulus easy so forget about saving get
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it straight out of your head like I said
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in the long run we’re all dead savings
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is destruction that’s the paradox of
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trips don’t keep money in your pocket or
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that road will never live but cause
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business is driven by the animal spirits
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the bull and the bear and there’s
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reasons to fear its effects on capital
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investment income and growth that’s why
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the state should fill the gap with
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stimulus both the monetary and the
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fiscal 30 will be ruined
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Public Works Dinkins inches war has the
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same effect even a broken window looks
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like last man have some Delta multiplier
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Drive entire the economy’s health and if
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the central bank’s interest rate policy
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takes a low quiddity trap that your
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money sucking the backs deficits could
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be the cure you’ve been looking for
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let the spending floor now that you know
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the sore my general theories made quite
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an impression revolution warned the econ
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profession you know me modesty still I’m
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thinking about so say it loud and say
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you’re proud we’re all Keynesian now
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we’ve been going back for a century
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I want to steer I want them set free
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there’s a boom and bust cycle and good
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reason to fear it I’ve made my taste
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ready [ __ ] listen up can you hear it
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all beginning in broad strokes just like
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my friend Keynes his theory conceals the
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mechanics to change
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a simple equation too much aggregation
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ignores you in action and motivation as
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a justification for bailouts payoffs by
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poles with machinations you buy them to
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cover to sell us a free lunch then all
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that were left with is death and a bunch
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if you’re living high on that neat
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credit hog don’t look for a fuel from
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the hair of the dog
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real snippy to come first if you want to
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invest the market go on Nate’s time with
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interests your focus on spending is
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pushing home thread and the long run my
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friend it’s your theory that’s dead so
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sorry there buddy if that sounds like
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invective repairing and schooled in my
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Austrian perspective we’ve been going
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back and forth for a century
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I want to steer market I want them set
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free there’s a boom and bust cycle and
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good reason to fear it label interest
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rate it’s the animal spirits here the
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places you study isn’t the but it’s the
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boom that should make you feel leery
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that’s the first of my theory the
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capital structure is D malinvestments
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wreck the economy the boom get started
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with an expansion of credit the Fed sets
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rates low or you started to get it that
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new money is convenience for real
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loanable funds but it’s just inflation
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that’s driving the ones who invest in
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new projects like housing construction
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the
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the scenes for his future destruction
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the savings are at real consumptions up
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to and the grasping resources reveals us
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to you so the boom turns the box as the
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interest rates rise for the cause of
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protection price signals relies the boom
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was a binge that’s a matter of fact now
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with devalued Avila makes up the slack
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for the rest the late eighties or 2005
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booming bad investment seems like a
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thrive
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you must Eve to invest don’t use the
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printing press or a bus will surely
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follow an economy depressed your
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so-called stimulus will maintain words
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just more of the same more incentive
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program and that credit crunch ain’t a
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liquidity trap just a broke banking
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system undone that’s a wrap we’ve been
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going back for for a century
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I want to steer bargain I want them set
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free there’s a boom and bust cycle and
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good reason to fear it plain old
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interest rate it’s the animal spirits
