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billgreenjeans
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Ridiculous Claim: Fed Policy Not To Blame For Rising Food and Gas Prices - Mac Slavo - Shtfplan

In September 2009 Krugman's column in the New York Times was lengthy and titled “How did Economist Get it so Wrong”. He very conveniently distanced himself from all those shortsighted economist. He states"As I see it, the economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth."
I am not certain but I have a strong feeling that Nobel Laureate Krugman is living in a round room because he can't be cornered on anything. He, of course, has the same problem of most of the western world of putting the blame on someone else and not accepting personal responsibility for his own mistakes. Armed with this knowledge are we to believe anything he states in the future?
My old friend, the doctor, call his problem “a pathological liar”. He is not a normal liar hiding the truth for fear of being found out, but one who contradicts himself in the same paragraph. He does believe what ever he says to be the truth even though it contradicts what he said ten minutes ago. Bill Clinton has this problem. So Mac Salvo, sorry, you have to change and become a pathological liar before you get your Nobel Prize.

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Début de l'article :Government mouthpiece and well known Keynesian economist Paul Krugman makes the case for monetary easing and Fed intervention by claiming that the rising cost of food and gas has nothing to do with theFederal Reserve or the free money they’vedished out tobanks,bothforeign anddomestic, to the tunes of not billions, buttens of trillions of dollars... Lire la suite

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