Submitted by Michael Krieger of Liberty Blitzkrieg
The friend who sent this article to me wrote:
Part of me actually hopes for this appointment because he will accelerate the collapse of the current psychotic Keynesian ideology and our unsustainable fiscal practices. The sooner it ends, the better…even if that end is painful.
I couldn’t agree more. Now for some snippets from the latest Op Ed insanity from a major publication:
Not only is he the world’s best-known economist, Krugman has the intellect and integrity to resist Wall Street’s calls for austerity.
Read the rest here
No Jamie???? Actually it’s a great idea. Krugman is probably the only person with the power to take a QE package and distribute it differently.
I read ‘When money Dies’ a few months ago and the interesting thing about hyperinflation is people want money printing because although there is inflation in the denomination of the currency but there is a deflation in useful currency, it just keeps becoming worthless so quickly. A currency death spiral. That is how labour is screwed and the only ones who are alright are people who have precious metals and other currencies but labour is not paid in those.
oops, wrong fred.
Gerald Celente – Trends In The News – “The Fiscal Cliff?” – (12/28/12) – YouTube