tag:blogger.com,1999:blog-3758330678390419129.post423988907314747056..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Desperate Krugman Turns to Diaper EconomicsRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-3758330678390419129.post-12853861687932414352012-02-07T10:19:07.589-05:002012-02-07T10:19:07.589-05:00In Krugman's world the 90% reduction in prices...In Krugman's world the 90% reduction in prices for TV's can be baked in together with the deflationary crash of 2008. Then print insane amounts of money to the cartel banks and government and we have very little inflation in aggregate. Excl of course gasoline at 3.8 dollars and food.<br /><br />Why doesn't he ask how the hungry fathers in Cairo liked that? Or the victims of the next Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-59315682618693273242012-02-07T01:32:37.894-05:002012-02-07T01:32:37.894-05:00lol, I love how he says, "where's my hype...lol, I love how he says, "where's my hyperinflation" mocking critics of Fed policy who have raised significant inflation concerns - my response is patience...Krugman. True, it may not get so bad as hyperinflation, but, at the very least, we're going to see bad inflation from what's been going on. I'm actually writing an ebook about it now, so I know what I'm Andrew Fruthhttp://www.acceptancetake.comnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-49100902989618923252012-02-06T21:17:35.186-05:002012-02-06T21:17:35.186-05:00Why does that guy still have a job?
And why does ...Why does that guy still have a job?<br /><br />And why does his predecessor still have a job?<br /><br />If my work performance was as pathetic as Krugman's or Bernanke's, I wouldn't have a job.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-65306639615148921132012-02-06T20:32:38.678-05:002012-02-06T20:32:38.678-05:00"This is basic economics; prices tend to fall..."This is basic economics; prices tend to fall, or at least slow their rise" ..... I guess this quote from Krugmans article was over lookedAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-10701190359928057232012-02-06T18:06:07.498-05:002012-02-06T18:06:07.498-05:00Klueless Keynesian Krugman!Klueless Keynesian Krugman!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-63156720657527289322012-02-06T17:39:57.669-05:002012-02-06T17:39:57.669-05:00Krugman's studying diapers because he knows th...Krugman's studying diapers because he knows that's where Keynesian theories are headed and he's looking for a way out once they get there.<br /><br />Call it "Pooponomics 101".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-15911570419088401972012-02-06T16:22:53.689-05:002012-02-06T16:22:53.689-05:00God knows I don't want to be on the side of Kr...God knows I don't want to be on the side of Krugman, but could you explain why the BDIY falling off a cliff does not indicate a new slow down? You have to admit, its insanely low right now. Secondly, what about the huge declines in Petroleum Distillates and Gasoline usage? We are at levels not seen since the week after 9/11/2001? I have to admit I am impressed by your calls to date, but how Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-30172900827427658312012-02-06T15:27:53.921-05:002012-02-06T15:27:53.921-05:00As someone who is near the end of having to purcha...As someone who is near the end of having to purchase diapers, (and can't wait until it's over) this is one of the instances where I wish Krugman was right!<br /><br />Diapers are one of the biggest expenses of having children. If I had the time to look into it, I wouldn't be surprised if there was serious crony capitalism at play in that industry. There must be!<br /><br />In any caseChris Rossinihttps://www.blogger.com/profile/02986002946096496906noreply@blogger.com