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Paul Krugman argues that the U.S. government should again postpone its fiscal day of reckoning a bit further into the future to keep this confidence game going bit longer. Always better to avoid pain today by trading it for even greater pain in the future, I guess he reckons. Actually, that’s unfair.
I know he doesn’t reckon that; he reckons the U.S. can just print its way out of its economic troubles. Of course, that’s no less insane thinking.
Now you know. Others don’t. Share the knowledge.
I am an independent researcher, journalist, and author dedicated to exposing mainstream propaganda that serves to manufacture consent for criminal government policies.
I write about critically important issues including US foreign policy, economic policy, and so-called "public health" policies.
My books include Obstacle to Peace: The US Role in the Israeli-Palestinian Conflict, Ron Paul vs. Paul Krugman: Austrian vs. Keynesian Economics in the Financial Crisis, and The War on Informed Consent.
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