Economist who screwed the world
Economist John Maynard Keynes is the man most responsible for the economic chaos in the world today. In 1941, Keynes developed a plan for the era following the Second World War, He advocated an International Clearing Union. Instead of countries clearing their external credits and debits with payments in gold and internationally accepted currency, such as sterling or the US dollar, He proposed an essentially cashless society Central Banks of member countries were to form the Clearing Union and to avoid running up excessive credit or debit balances, creditor countries would revalue their currencies, while debtor countries could devalue. Removing the gold standard, which had given money an underlying value, he sowed the seeds of economic chaos which has led to Central banks printing endless amounts of money and the current plan of "Quantitative Easing." World leaders regarded him as a hero and his philosophy was implemented. Britain and some other countries moved off the Gold Standard during the 1930's depression, but the US moved far later.
His views began the impossibility of perpetual economic growth and has led to the widespread economic dislocation generated by politicians, banks and advisers.
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