Paul Krugman vs Ron Paul

Video:

April 30 (Bloomberg) -- Nobel-prize winning economist Paul Krugman and Republican presidential candidate Ron Paul talk about inflation, monetary policy and the role of the Federal Reserve. They speak on Bloomberg Television's "Street Smart."
[link to mobile.bloomberg.com]

Krugman lost big time

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.

inflation and increasing the money supply is theft to anyone saving dollars.

The Pauls debate.

The Pauls debate.

Krugman is a LEFT WING NUT.

Reaganomics is a RIGHT WING SCAM that has bankrupted this country.

I watched this live Ron Paul won hands down

Actually Bill Clinton did that with his repeal of Glass Steagall....and then the ENDLESS spending ensued.

It's the fallacy of man. He is so convinced that he cannot see the forest for the trees

lol Ron Paul owns this guy. Ron Paul clearly compared his fiscal policy to some government beginning with the letter B, and the guy was like, I'm not like that government! Totally diverts the conversation.

Ron Paul OWNS.

actually the dollar is worth 1% or even less of what it was before the fed took over in 1913... wait till wiemar inflation to arrive soon enough

The repeal of Glass-Steagall was supported by 100% of the repubs and it was spearheaded by Phil Gramm. Clinton was mistaken to go along with it.

As far as spending into trillions in debt, that began with Reagan TRIPLING the national debt. It's only been under control once since then, under the Democratic Clinton administration.



Gummer, I know you think you know politics extraordinarily well, but the sad truth is your underanding is childish and ridiculous and your opinions are just lowbrow rethuglican horseshit, no more valuable than the idiocy that Sarah Palin spews.

Reagan built the US back up from a second rate military status to the Soviet Union at that time, and the Soviet Union collapsed. Deficit spending is not good, admittedly, but the US was losing ground to communist interests at that time.

As for as the Clinton administration balancing the budget, that was largely due to a Republican House. Sad to see the Republicans have given up on balancing budgets, or that Cheney ever lived to say that deficits don't matter.

it is the fallacy of man, krugman has a vested interest in maintaining his line. He can't back out of it. Or repudiate it. He has to continue in hopes that he is right. I believe that hope is all he has. When the reckoning comes krugman will get away scot free. He will deny he ever said any such things.

Krugman is an idiot.

I don't have time for this elephant dung.