Added: 6 months ago
From: NicosMind
Views: 705
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  • @Pixiesforever7 brainwashed by keynsianism much? Krugman clearly said that a fake economy is good. i guess thats why he also advised for a housing bubble. nevermind that bubbles eventually pop and leave behind an even bigger depression.

  • @pixiesforever

    For an interesting counter point to your perspective check out the "broken window fallacy".

  • Firstly, obviously Paul Krugman was speaking tongue in cheek so don't even pretend you think he was speaking literally.

    Secondly, Schiff even shows his understanding of Krugman's metaphor for stimulus at the end by pointing out that if aliens destroyed everything it would necessitate a stimulus to rebuild everything. That's what Krugman was saying!!!

  • Wannabe 'El Rushmo' neocon prophylactic.

  • That's too funny.

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