REPORT ABUSIVE REPLY
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Message Subject
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Paul Krugman vs Ron Paul
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Poster Handle
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Anonymous Coward |
Post Content
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There was a previous thread on this that went no where, OP.
I watched it and thought it was fairly decent.
Both looked a bit nervous.
Ron Paul likes to read economic stuff and has no doubt read some of Krugman's writings, but for the life of me I have no idea why Professor Krugman thinks that more government spending and Federal Reserve manipulations will solve anything in the long run. It only makes matters worse and at this stage of debt to GDP, more spending is not the answer. Ironically enough, the old Marxist tenants of 'means of production' and 'capital' as the source of tangible wealth creation has long since lost meaning when 'money = capital' that the FED can just create out of computerized journal entries.
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