tag:blogger.com,1999:blog-3758330678390419129.post2805596902854699103..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Krugman Advice: Print MoneyRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-3758330678390419129.post-9096084580014993212013-11-23T09:12:57.393-05:002013-11-23T09:12:57.393-05:00Krug advice has a lot of objective reasons to be h...Krug advice has a lot of objective reasons to be heard! Guess who really understand the situation would not suggest that US and UK economies to be depressed for a long time, with the central bank keeping rates low, long rates will be low too ..it is not the end of story.<br /><a href="http://onlinecasino770.eu/" rel="nofollow">Kevin Right</a> Anonymoushttps://www.blogger.com/profile/06832152365704055925noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-23215836744951843332012-11-26T09:31:30.011-05:002012-11-26T09:31:30.011-05:00Inflation is always higher than reported. That'...Inflation is always higher than reported. That's how the system is set up. He is quite right about how the system works. To say he is clueless is just incorrect. You don't like the system, that's a different story. Let me ask you this, do you pay your employee less (cut their wages) because the market or commodity price (deflationary) is down? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-45698314510938390182012-11-26T01:24:40.849-05:002012-11-26T01:24:40.849-05:00This is why the Yen, Euro, Dollar and Franc seem s...This is why the Yen, Euro, Dollar and Franc seem stable- all of them are "pegging" to each other, so the only place the inflation shows is in commodities and that can be masked for a while. Once the mask is removed, the game will enter "Final Jeopardy" and the loser will walk the plank. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-395151892585879462012-11-25T21:05:41.274-05:002012-11-25T21:05:41.274-05:00Retarded and evil AND a shill for TPTB. Retarded and evil AND a shill for TPTB. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-14371527548824718832012-11-25T21:00:05.215-05:002012-11-25T21:00:05.215-05:00I hope the other central banks don't read Krug...I hope the other central banks don't read Krugman. Then everyone will jump on the "devalue the currency and our exports will become more competitive" meme. Oh wait. They're all printing as well? <br /><br />Check to you, Dr Krugman. While you're at it, explain exactly what the US is producing that can be exported if only, IF ONLY, they weren't so uncompetitively priced. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-89367727066951572182012-11-25T20:17:43.174-05:002012-11-25T20:17:43.174-05:00I got a fever and the only prescription is more li...I got a fever and the only prescription is more liquidity!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-23793547004572509522012-11-25T19:29:13.796-05:002012-11-25T19:29:13.796-05:00Unbelievable for Krugman to claim that a central b...Unbelievable for Krugman to claim that a central bank can print as much money as possible and it won't cause inflation if the economy is depressed. That's clearly false from a historical perspective. We can look at Weimar, Zimbabwe, Argentina, Rome, and others as clear historical examples of economies that were not saved by money debasement regardless of the fact that they were Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-81210484337252458832012-11-25T19:10:01.757-05:002012-11-25T19:10:01.757-05:00"I can't be out of money. I still have in..."I can't be out of money. I still have ink left over."<br /><br />-The Bernanke's bumperstickerAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-71629134539134949552012-11-25T19:02:42.239-05:002012-11-25T19:02:42.239-05:00I hardly read Krugman's comment as advice, dir...I hardly read Krugman's comment as advice, direct or otherwise. I think it's rather disingenuous for you to treat it as such.Michael Griffithsnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-30575259806524387622012-11-25T19:02:09.687-05:002012-11-25T19:02:09.687-05:00Has he never heard of stagflation?Has he never heard of stagflation?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-42460537114083551752012-11-25T18:28:45.608-05:002012-11-25T18:28:45.608-05:00Krug is gonna have a lotta 'splainin to do whe...Krug is gonna have a lotta 'splainin to do when he is proven catastrophically wrong over the next year. As soon as The Bernank quits adding $85B per month to the system just to keep it working the crash will be epic.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-17969596065686590272012-11-25T18:12:27.977-05:002012-11-25T18:12:27.977-05:00come one now, to say he's clueless is idiotic,...come one now, to say he's clueless is idiotic, he's a shill for central bankers and all the ultra rich profiting off the regular folk, he's a scam artistAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-13945165496237223142012-11-25T17:10:06.915-05:002012-11-25T17:10:06.915-05:00Krugman also said this about government debt:
&qu...<a href="http://www.nytimes.com/2012/01/02/opinion/krugman-nobody-understands-debt.html?_r=3&ref=opinion" rel="nofollow">Krugman also said this about government debt:</a><br /><br />"First, families have to pay back their debt. Governments don’t — all they need to do is ensure that debt grows more slowly than their tax base. The debt from World War II was never repaid; it just became Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-12738102016712464642012-11-25T16:47:20.161-05:002012-11-25T16:47:20.161-05:00Our monetary system is horrible. It seems like Ja...Our monetary system is horrible. It seems like Japan is farther down the path than the US though.Wagsnoreply@blogger.com