Some readers may recall the “Peter Schiff was right” campaign of 2009, a sort of public-relations blitz claiming that Schiff, an Austrian-oriented commentator, had foreseen everything correctly. It wasn’t really true even then...Krugman goes on to discuss Schiff's warning on price inflation---and that we haven't had the expected inflation, yet. It's coming and Schiff will be correct again--exact timing is always difficult in a complex world.
But I really want to focus on Krugman's whopper about Schiff not calling the housing bubble, becasue that's what he is talking about when he refers to the " 'Peter Schiff was right' campaign of 2009."
Here's the clip Krugman is referring to, which appeared in February 2009:
It simply astounding that Krugman would make up such a whopper when the video proof smacks him right in the face, particularly when he is clearly referencing the video. Does he really think his NYT readers are that clueless?