Talking to Ron Paul is hopeless because it's like you're talking to a wall - Paul Krugman

Talking to Paul Krugman is like talking to a manure pile, only the maggots have yet to mature into irritating, buzzing flies and there's no fertilizer value to stimulate plant growth when you're done.:cool:

XNN
 
Debt, when controlled, can be helpful to growth. Ex: A restaurant seeking capital to expand and hired more. We are past that point. A loan to keep that restaurant open when it is operating in the red and prevent restructuring because the customers are around the corner is not wise. The debt started as the former. Now the country is acting like the latter.

The funny thing is, we aren't going further in debt because we think customers are around the corner.... we just like free money, with basically zero intention of ever paying it back
 
The funny thing is, we aren't going further in debt because we think customers are around the corner.... we just like free money, with basically zero intention of ever paying it back

America is like a crack head. Standing on the corner begging for money but when people refuse to give it to him he breaks into your house and steals it.
 
The Euro = the gold standard? WTH? And Krugman thinks people are stupid enough to believe that?
 
Just watched the first half of the debate. Very interesting. For someone as intelligent as Krugman, it's strange that he is so narrow-minded and not willing to see the other point of view.
 
Krugman - Intellectually Bannkrupt

Is this a Nobel Prize winner?

I cannot believe he said that the Euro is like the gold standard. He is either too stupid, too corrupt, or too resentful. Most likely all three simultaneously.

What a disgrace of a person!
 
There is theoretically no Nobel Prize in Economics because Alfred Nobel instructed his wealth to be used to create prizes in 5 categories: Peace, Literature, Physiology or Medicine, Physics and Chemistry. Somewhere around 1970 someone gave a large donation to create a prize in Economics, so it is theoretically not one of the Nobel Prizes, but people generally consider it to be equivalent.
 
LOOOL the european euro is like a gold standard.. sorry for my language but what a retard.
I'm from europe, I trade stocks and own dollars. All I can say is, thank you dollar for becoming more valuable then the useless euro.
Cannot wait for my country (the Netherlands, who have a deficit of 4,5% or so of GDP) to give 40 billion euros to the failing EUSSR.
 
If Ron is a wall, he is a gold brick wall.

"Brick Wall" Paul 1 Paul Krugmen 0 bitchezzz

Too bad Ron couldn't reach through and punch him in the face with a roll of Liberty Eagles in his hand. Also unfortunate for poor little Krugman that Russian Television is the only media that ALWAYS gives Ron love. Well besides FOX19.
 
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Talking to Paul Krugman is hopeless because you're talking to a Keynesian - Me

Please, do tell how an infinitely expanding deficit permeates such a wonderful life and future for generations to come!
 
Anytime someone posts a Krugman article or sites him in defense of Keynesianism, I simply throw this at them...

"To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble."

- Paul Krugman, 2001

Then I ask how that plan worked out.

Even if you really believe in Keynesianism, is Krugman the guy you want defending it?
 
I was really hoping he would expand on his ideas but the video ended and i don't think he did any way. Yes I too can say the gold standard is a scam put on by big bank but I would hope people would at least ask me how that is so.

I just so mad after watching that and to find out he won the nobel prise pisses me off even more because I'm willing to bet I know more about the economy then he does.
 
I know, right, all these rich people keep pouring money into Ron Paul and anyone that would get us back to the gold standard, but for all their wealth and logic is just can't be done, cause paper is so much more sensible.
Remember when the gold standard colapsed, well paper verson of it, I mean almost gold, I mean they couldn't just print it when the U.S. was, I mean....
 
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