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In the same category 
billgreenjeans
Member since April, 2012
38 commentaries -
Commented On
 Krugman Finally Wins the Argument - John Rubino - Dollar Collapse  (6)
Ron Paul has mentioned on more than one occasion that: if Krugman and the Keynesians are correct in their philosophy than why not send every man, women and child a check instead of sending it to the banks? If we are going to go ballistic with the printing press then at least some would invest in something real. Sure there would be a lot of Twinkies bought, however someone might buy a silver eagle or two.
However I suspect that the Krugmans of finance are involved in one of two situations: they are either very naive or they are criminals. They can not predict where their easing will end up in the economy unless they are simply saving their buddies. With consumers we already know that the Chinese would win more than their share of the fruits of the Krugmans cornucopia. They would have to deal with their own inflation.
As one poor fellow said “there ain't no use to worry ain't nothin gonna turn out right”.

Commented 407 days ago
Read the headline : Today's world can be summarized in two sentences: Unless continuously fed with new credit, the global financial system will implode.And when confronted with this possibility, governments will always respond with new credit. This has been true at least since the Long Term Capital Management collapse in 1998, and in the ensuing 14 years the global financial markets and the world's governments have been partners in a dance in which crisis elicits monetary ease, which ignites an asset bubble, which bursts and elicits a new flood of credit...Read More
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