Paul Krugman’s Perverse Criteria for Obamacare ‘Success’
The criteria Paul Krugman uses when he declares Obamacare a great "success" are obtuse and perverse.
The criteria Paul Krugman uses when he declares Obamacare a great "success" are obtuse and perverse.
Krugman admits asset prices are high due to low interest rates, but dismisses the risk of bubbles and puzzles over what "artificially low" rates means.
Krugma writes as though rising asset prices wasn't price inflation of precisely the kind many of us have been warning about.
While pointing his finger at others' "dogma", Krugman's solution to two credit-fueled bubbles in a row has been for the Fed to do even more money printing.
Claudio Grass explains the coming crash of the financial and monetary system in this 23 minute video.
And, yes, Krugman really did advocate that the Fed inflate to replace the dot-com bubble with a housing bubble, all vain attempts to deny this notwithstanding.
If you ask Paul Krugman, the reason there is no economic recovery is that there just isn't enough money printing from the Fed.
Obamacare is predictably resulting in longer hospital wait times due to the increased demand while the supply of doctors remains the same.
Obamacare does nothing to address the underlying causes of soaring health care costs but, on the contrary, will only exacerbate the problems.
Krugman's argument that paying people not to work isn't exacerbating unemployment just begs the question of why the labor market isn't clearing.
Inflation benefits the elite class, but you wouldn't know it from reading Paul Krugman, who tries to convince the peons it's good for them.
'Money, Banking, and the Federal Reserve' is still one of the best documentaries on the Fed out there, presented by the Ludwig von Mises Institute.
Paul Krugman's frequent writings on "wealth inequality" serve to divert attention away from the role of the Federal Reserve in transferring wealth upwards.
Krugman's prescribed solution to the problem is to do even more of what caused the problem in the first place.
Peter Klein explains why the Obama administration can't create innovative manufacturing hubs by simply throwing around taxpayer's money.
Binyamin Applebaum in the New York Times actually makes the argument that slowing spending on health care is hurting the economy. That should sound idiotic to you on its face, but Applebaum does a fair job of trying to make a ridiculous idea sound plausible, so its worth taking a few moments to actually address his arguments.
Joseph T. Salerno of the Ludwig von Mises Institute discusses income inequality from the point of view of Austrian economics.
The New York Times suggests the world should be grateful to the Federal Reserve for preventing a deeper recession, but this overlooks two key things.
Paul Krugman's logic for why the government minting a trillion-dollar coin to pay its debt isn't a ridiculous is itself completely ridiculous.
Paul Krugman writes, "if an economist, no matter how credentialed, consistently makes low-quality arguments, he should be tuned out". I couldn't agree more.
I am a truly independent journalist and Research Fellow at The Libertarian Institute whose work is focused on exposing dangerous mainstream propaganda that serves to manufacture consent for criminal government policies.
I'm the author of several books, including Obstacle to Peace: The US Role in the Israeli-Palestinian Conflict The War on Informed Consent, Ron Paul vs. Paul Krugman: Austrian vs. Keynesian Economics in the Financial Crisis, and The War on Informed Consent, which features a Foreword by Robert F. Kennedy, Jr.
Topics I have covered over the years include 9/11 and the "war on terrorism", the war on Iraq, the Israel-Palestine conflict, the role of the Federal Reserve in the economy, and so-called "public health" policies including vaccines and the COVID-19 lockdown madness.
The aim of my work is to empower people with the knowledge needed to see through the lies and to create a brighter future for our children.
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