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Paul vs Paul: Watch Paul Krugman Dispense Keynesian Brilliance, Debate Ron Paul Live

Tyler Durden's picture




 

What Would Krugman Do? (obviously, that is rhetorical). Supreme Keynesian Voodoo acolyte Paul Krugman and Republican presidential candidate Ron Paul go head to head on fixing the U.S. economy at 4pm ET today on Bloomberg Television’s “Street Smart.” Watch the live webcast beginning at 3pm ET for Krugman, who will be guest-hosting “Street Smart” until 5pm ET.  On the heels of the recent "controversial" NYT piece, where Krugman called on Federal Reserve Chairman Ben Bernanke to do more for the U.S. economy, Krugman will be asked to explain exactly how more stimulus will create jobs and put the economy back on the growth track. Also just what rug will the trillions in additional debt be swept under.  Then at 4pm, Krugman will face the ultimate debate with Ron Paul, who has called for drastic cuts in spending. Grab your popcorn now.

Watch the live webcast here

 

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Mon, 04/30/2012 - 15:00 | 2385945 Conman
Conman's picture

Got my popcorn ready, can we call this the Thrilla between two Vanilla's?

Mon, 04/30/2012 - 15:05 | 2385965 Manthong
Manthong's picture

Krugman will be showing up for an intellectual gun fight with a butter knife.

Mon, 04/30/2012 - 15:10 | 2385992 Clueless Economist
Clueless Economist's picture

My money (and Ben's) is on Professor Krugman to intellectually gobsmack the Libertarian Loser Ron Paul.

Mon, 04/30/2012 - 15:13 | 2385998 Pladizow
Pladizow's picture

$10 that Krugman pussies out!

Of course some lame excuse will be made as to why he had to leave.

The truth cannot be debated!

Mon, 04/30/2012 - 15:15 | 2386014 DoChenRollingBearing
DoChenRollingBearing's picture

If I watch this, the negative of Krugman would supercede the positive of Ron Paul.  So, I will not watch this, as it would make me unhappy....

Mon, 04/30/2012 - 15:23 | 2386039 SHEEPFUKKER
SHEEPFUKKER's picture

Both the Pauls are gold friendly, but in much different ways. 

Mon, 04/30/2012 - 15:26 | 2386046 Twiggles
Twiggles's picture

Hey, I'm at work w/o volume.  Could someone be a doll and record if at all possible.  Just incase it's unfindable.  Thanks!

Mon, 04/30/2012 - 15:35 | 2386079 MillionDollarBonus_
MillionDollarBonus_'s picture

 

Only Paul Krugman and the Keynesians, that libertarians despite so much, are willing to stand up to the 1%. Easy monetary policy helps the average Joe at the expense of the 1%, and Bernanke is doing all he can to create a more equal society. Our Federal Reserve’s dual mandate was written specifically to create maximum employment and stable prices, which is to help the 99%. But greedy and masochistic libertarians are more interested in supporting the corporations.

 

#OccupyWallStreet

 

Mon, 04/30/2012 - 15:47 | 2386131 ebworthen
ebworthen's picture

MillionDollarBonus_

This has to be satire; biting satire, oozing with sarcasm.  No?

Mon, 04/30/2012 - 15:51 | 2386150 Pladizow
Pladizow's picture

Good one Mil-$-Boner!

For quite some time your posts have sucked!

Mon, 04/30/2012 - 16:14 | 2386222 knukles
knukles's picture

There is truly something wrong with Krugman.
Weaselthelioma.

The man is dangerous to the sanity, social, economic and political well being of all mankind.
Seriously.
Pandora incarnate.
In Cathoilc terms, he's a tool of Satan.
Goes to show what Nobel Prizes are worth anymore.
NWO Horseshit Ex Cathrdera

Mon, 04/30/2012 - 16:15 | 2386243 Vagabond
Vagabond's picture

He doesn't even believe his own shit.  He poops in the morning and immediately forgets it ever happened.

Mon, 04/30/2012 - 16:35 | 2386344 Benjamin Glutton
Benjamin Glutton's picture

Krugman and Dr. Paul found much common ground.

 

Let us not forget that it was Dr. Krugman who said GW Bush fiscal policies were insanity.

Mon, 04/30/2012 - 16:31 | 2386316 Ignatius
Ignatius's picture

No gold peg -- THAT's the beginning of the con.  US defaulted on the American people in '33 and the rest of the world in '71.  They'd do it again....

A free floating, market driven physical gold price without capital gains taxes and no fractional 'lending'.  Mix in primary education of this 'new' function of gold as the savings medium.  All else is investment (read:  risk).

Oh, and toss in a debt jubilee ala Steve Keen and let the party continue.

Mon, 04/30/2012 - 18:55 | 2386782 hamurobby
hamurobby's picture

Close, but the US defaulted in 1871 and then on the people in 1913. What you are refering to are the outcomes of those dates.

Go deeper down the rabbit hole.

Mon, 04/30/2012 - 16:00 | 2386189 NotApplicable
NotApplicable's picture

You're running late. This thread is already filled with reps from all sides of the reactionary spectrum, another troll, an anti-troll, and a true-blue zealot.

You're going to have to up your game to get any skin in here.

Mon, 04/30/2012 - 16:01 | 2386193 Beam Me Up Scotty
Beam Me Up Scotty's picture

Higher food and energy costs help the average Joe?  The average Joe who spends more of a percentage of his income on food and energy than the 1% does?  How about you pull your head out of your ass?

Mon, 04/30/2012 - 16:07 | 2386215 knukles
knukles's picture

You sound way too much like Krugman to be amusing. 

Mon, 04/30/2012 - 16:35 | 2386345 Ignatius
Ignatius's picture

Speaking of Krugman, his beard is just 'shimmering' on my screen.  Does he have this effect on anybody else?  I see it as an evil omen....

Mon, 04/30/2012 - 16:38 | 2386354 eatthebanksters
eatthebanksters's picture

MDB...I agree let's print to infinity...send the helicopters to Main Street.  Better yet, let's get rid of physcial money and let the computers take over. Just credit everyone's accont a quick million dollar (bonus) and our problems will be solved!

Mon, 04/30/2012 - 16:41 | 2386362 bobola
bobola's picture

Scroll down.....down.....down.....See MDB....don't bother reading.........click red arrow.....scroll down......down...........

Mon, 04/30/2012 - 16:45 | 2386372 fuu
fuu's picture

Ron agreed with you in that interview. He said that if we believe the world will keep using our dollars no matter what the debt is then no Americans have to work. We can just print the money.

Mon, 04/30/2012 - 16:49 | 2386384 BeetleBailey
BeetleBailey's picture

LOL. You are in Year 6 of The Al Capone gonorrhea phase of mental assoholic gibberish.

 

You need a brain to Occupy your vapid skull

Mon, 04/30/2012 - 16:59 | 2386413 Dezperado
Dezperado's picture

In the same sentence you say "a more equal society" and then you sign "Occupy"

Stable prices? Really?

When you say "helps the average Joe" do you mean bailing out losers (too big to fail)?

The same ones that you are bailing out (for the sake of the average Joe) are the ones that you want to occupy

You dont need to occupy nothing, you just need to let them fall

Mon, 04/30/2012 - 17:52 | 2386579 Jake88
Jake88's picture

WTF How can any of that bs be supported. That is so from out of nowhere that it is bizarre. Spin me another fairytale. RIDICULOUS.

Tue, 05/01/2012 - 16:21 | 2389213 MeelionDollerBogus
MeelionDollerBogus's picture

Paul Krugman doesn't even agree with Bernanke much less Ron Paul. With that glint in his eye as Krugman spouted Krugnonsense I realized that it may not be Joe Wiesenthal after all that is Millionfecesbonus.

MDB, are you Krugman?

Something reminded me, with the smile he barely kept back, of "Poe's Law"

Mon, 04/30/2012 - 15:51 | 2386142 ebworthen
ebworthen's picture

Twiggles,

Headphones, tell them you are on an important conference call between Reality and Fantasy Island.

Mon, 04/30/2012 - 15:47 | 2386116 MillionDollarBonus_
MillionDollarBonus_'s picture

I absolutely agree with Dr Krugman on Ben Bernanke's role as Fed Chariman. Those words were harsh but necessary. Ben Bernanke has quite frankly FAILED to deliver sufficient quantities of monetary stimulus. His monetary policy has become week, stingy, and ineffective. We need SERIOUS monetary stimulus unless we want to become the next Japan, and the sooner our Federa Reserve mans up to the challenge the better.

Mon, 04/30/2012 - 15:52 | 2386158 Pladizow
Pladizow's picture

I agreed, free and unlimited crack is the only way to solve America's drug problem!

Mon, 04/30/2012 - 16:35 | 2386339 fockewulf190
fockewulf190's picture

We aren't being pumped with fiscal crack, it's already gone to flat out fiscal meth....and the fiscal meth factorys are running 24/7. Not only that, new factorys are being built as we speak, and the politicians are clawing at their faces for more more more fiscal meth.

Mon, 04/30/2012 - 18:59 | 2386796 hamurobby
hamurobby's picture

All I wanted was a pepsi...

Mon, 04/30/2012 - 16:29 | 2386309 azzhatter
azzhatter's picture

Because the value of capital is zero?

Tue, 05/01/2012 - 01:32 | 2386845 RockyRacoon
RockyRacoon's picture

.

...the negative of Krugman would supercede the positive of Ron Paul.

This could be the matter / anti-matter cataclysm!  It could be TEOTWAKI!

Mon, 04/30/2012 - 19:57 | 2386936 matt_chart
matt_chart's picture

STOCK LEGENDS RADIO SHOW ~

Chris Camillo ~ www.LaughingAtWallstreet.com

 

 

Chris says it all!
Listen to his interview here.

http://stocklegends.com/episode-8-chris-camillo/

 

Hosts:  

QuickDraw ~ Matt_Chart 

Topics:

Which Country Has Nearly 1000% Debt of GDP?
The Future Of The Euro
Rehypothecation - Anyone know what this word means?
MF Global ~ Corzine Testimony

 

Mon, 04/30/2012 - 17:43 | 2386199 myshadow
myshadow's picture

you lose

Mon, 04/30/2012 - 16:51 | 2386389 Paul Krugman
Paul Krugman's picture

I'm not going to pussy out. You do realize I have Nobel Prize right. No Austrian voodoo economist has come up with one valid economic principle in history, what do I have to be afraid of.

Mon, 04/30/2012 - 17:53 | 2386599 Jake88
Jake88's picture

very funny

Mon, 04/30/2012 - 15:11 | 2386003 Robot Traders Mom
Robot Traders Mom's picture

Why the fuck do you come on here and troll?

 

Is your life that incomplete and meaningless? Don't answer, rhetorical question.

 

 

Mon, 04/30/2012 - 15:23 | 2386037 Clueless Economist
Clueless Economist's picture

I'm sorry Mom, I forgot /snarc

Paul Krugman

Professor, Economist, Genius, NY Times Columnist, Ivy Leaguer, Nobel Prize Winner, Bloomburg TV Host, All-Around Douchebag

Mon, 04/30/2012 - 15:24 | 2386045 resurger
resurger's picture

lol

Mon, 04/30/2012 - 15:37 | 2386085 williambanzai7
williambanzai7's picture

KRUGMAN

Mon, 04/30/2012 - 16:53 | 2386394 BeetleBailey
BeetleBailey's picture

Thats MDB on the left, wearing his Karl Marx Halloweenie costume!

Mon, 04/30/2012 - 16:56 | 2386404 BeetleBailey
BeetleBailey's picture

...you keep leaving out "Failed Fluffer For Ron Jeremy"....

Mon, 04/30/2012 - 15:31 | 2386065 NotApplicable
NotApplicable's picture

You might want to consider decaf, as your post is the very embodiment of the questions you raise.

Sometimes "Leave Page" is your friend.

Mon, 04/30/2012 - 16:16 | 2386251 Robot Traders Mom
Robot Traders Mom's picture

Obviously you understand the annoyance...

Mon, 04/30/2012 - 16:49 | 2386381 Robot Trader's ...
Robot Trader's brother's picture

Well said, Mom..........

Mon, 04/30/2012 - 16:22 | 2386279 CH1
CH1's picture

Why the fuck do you come on here and troll?

Cause that's his pathetic job. Where else are the Feds going to send their little Goebbels clones?

Mon, 04/30/2012 - 15:25 | 2386043 resurger
resurger's picture

Ron will yellow flash that bitch ...

Mon, 04/30/2012 - 15:27 | 2386052 PartysOver
PartysOver's picture

Just remember that" Those who can, do.  While those that can not,  teach."  Nuff said.

Mon, 04/30/2012 - 16:06 | 2386214 roadhazard
roadhazard's picture

I've always considered that statement bull shit and the person making the statement either not smart enough to be a teacher or does not have the balls. My best friend was teacher of the year one year in the Jacksonville county school system. What did you ever do. 

PS: I was never a teacher, hermits don't like crowds.

Mon, 04/30/2012 - 15:53 | 2386160 WhiteNight123129
WhiteNight123129's picture

Well, given your inclination I bet "your money" is fiat dollars, so thanks but no thanks. If you have other forms of money which are non fiat say (Hong-Kong dollar, super capitalized banks, no central bank to print, soon to depeg to us Dollar and no gov debt I like this non fiat paper money), or preferably some Silver. Gold is expensive is Silver terms right now. But you can keep your dollars unless you are willing to convert them immediately in other forms of money or good currencies (I accept Singapore dollars too).

Please do not propose Yen or I will puke on your shoes.BTW Japan was a Keynesian expirement while is a miserable failure.

 

Mon, 04/30/2012 - 17:39 | 2386563 Jake88
Jake88's picture

clueless indeed

Mon, 04/30/2012 - 15:10 | 2385995 greased up deaf guy
greased up deaf guy's picture

it's amazing how two pauls can be so different.

Mon, 04/30/2012 - 15:22 | 2386036 misterc
misterc's picture

"If inflation expecations would rise, interest rates would actually go down" - did the clueless economist really just say that? Or was it just in my head?

Mon, 04/30/2012 - 16:34 | 2386340 Chump
Chump's picture

It wouldn't be his first schizophrenic rambling...

http://www.youtube.com/watch?v=KyxURk_c5dU

As much as we joke about it, he may actually be in the middle stages of dementia.  Sad.

Mon, 04/30/2012 - 17:13 | 2386457 TheFourthStooge-ing
TheFourthStooge-ing's picture

chump said:

As much as we joke about it, he may actually be in the middle stages of dementia.

He hasn't been taking his medications. He was prescribed a heavy regimen of Corazine (a powerful antipsychopathic) and told to avoid public speaking and writing, but he's been going against his doctors orders. He really needs the supervision that only institutionalization can provide.

Sad.

Indeed. He may end up needing another trip to the lobotomist's.

 

Mon, 04/30/2012 - 15:27 | 2386051 Henry Chinaski
Henry Chinaski's picture

Here are a couple of shorts to watch while you wait for the main event:

Fear the boom and the bust:

http://www.youtube.com/watch?v=d0nERTFo-Sk

Round II:

http://www.youtube.com/watch?v=GTQnarzmTOc

Mon, 04/30/2012 - 15:01 | 2385946 SHEEPFUKKER
SHEEPFUKKER's picture

This should be good. 

Mon, 04/30/2012 - 15:01 | 2385948 Squishi
Squishi's picture

this can't be real, really?

Mon, 04/30/2012 - 15:18 | 2386027 NotApplicable
NotApplicable's picture

If it is, then it's going to be an attempt to smear him good one last time for the sheeple who know no better. I'm sure Krug will have carefully crafted sound bytes to feed the headlines.

Mon, 04/30/2012 - 15:44 | 2386120 Bastiat
Bastiat's picture

How close will it be to the Classic Keynes and Hayek throwdown skits?

Mon, 04/30/2012 - 15:00 | 2385949 Comay Mierda
Comay Mierda's picture

cant wait to see the NYTimes spin piece on this soon-to-be keynesian bloodbath

Mon, 04/30/2012 - 15:33 | 2386072 NotApplicable
NotApplicable's picture

That assumes Keynesians have blood in the first place. Since they've no heart, I can't imagine they'd have any blood either.

Mon, 04/30/2012 - 16:09 | 2386218 Comay Mierda
Comay Mierda's picture

krugman sounds like a girl and my IQ is dropping every second he speaks.  i have to turn this off

Mon, 04/30/2012 - 15:01 | 2385953 CCanuck
CCanuck's picture

Is this a live debate with Paul? or is Krug just gonna try to answer questions Paul has asked in the past?

Mon, 04/30/2012 - 15:04 | 2385957 bob_dabolina
bob_dabolina's picture

Lube. Check

Tissues. Check

Comfortable Chair. Check

Mon, 04/30/2012 - 15:06 | 2385966 Seasmoke
Seasmoke's picture

Don't fall asleep and miss it

Mon, 04/30/2012 - 15:14 | 2386012 Pladizow
Pladizow's picture

Unless its your thing, completion may take longer then the show.

Mon, 04/30/2012 - 15:51 | 2386154 SilverFish
SilverFish's picture

Always remember..............slow jerk.

Mon, 04/30/2012 - 15:03 | 2385958 rebelscum1967
rebelscum1967's picture

R.P. ready to issue beat down for Debt Sidious..

Mon, 04/30/2012 - 15:04 | 2385962 zilverreiger
zilverreiger's picture

Getting ready to watch after having my words twisted and then be muffled and defenseless at tfmetalsreport.com, fascist US redneck shithole, avoid.

Mon, 04/30/2012 - 15:05 | 2385968 Talons Point
Talons Point's picture

Giddy with "enticement"

Mon, 04/30/2012 - 15:06 | 2385970 Sweet Chicken
Sweet Chicken's picture

No way this is a true debate???? Right????

Mon, 04/30/2012 - 15:07 | 2385972 tellsometruth
tellsometruth's picture

watching

Mon, 04/30/2012 - 15:06 | 2385973 casey13
casey13's picture

Not a fair fight. Krugman is unarmed.  

Mon, 04/30/2012 - 16:57 | 2386408 BeetleBailey
BeetleBailey's picture

and, de-brained.

Mon, 04/30/2012 - 15:07 | 2385975 Seasmoke
Seasmoke's picture

Whoever eyes are the shiftier will be the loser of this debate

Mon, 04/30/2012 - 15:07 | 2385978 resurger
resurger's picture

Got my KFC bucket instead...

Mon, 04/30/2012 - 15:14 | 2386010 Hippocratic Oaf
Hippocratic Oaf's picture

Maybe you should refer back to the obesity posting

Mon, 04/30/2012 - 15:17 | 2386021 resurger
resurger's picture

Ok, no fries with the bucket ^ ^

Mon, 04/30/2012 - 15:22 | 2386034 NotApplicable
NotApplicable's picture

Better yet, now with BACON!

Mon, 04/30/2012 - 15:37 | 2386086 citta vritti
citta vritti's picture

"everything's more interesting when there's bacon involved." -Jeremy Irons as the inquisition's archbishop, in "Casnova" w/ heath ledger.

Mon, 04/30/2012 - 15:08 | 2385984 Cole Younger
Cole Younger's picture

Ot's going to be interesting...,

Mon, 04/30/2012 - 15:08 | 2385985 Seorse Gorog fr...
Seorse Gorog from that Quantum Entanglement Fund. alright_.-'s picture

Paul to beat the beer Krug man shill with a technical knockout.

 

Lllet's get ready to rrrumble!

Mon, 04/30/2012 - 15:08 | 2385986 The Swedish Chef
The Swedish Chef's picture

4 pm ET is 9 pm GMT, right?

Mon, 04/30/2012 - 15:13 | 2386006 Clueless Economist
Clueless Economist's picture

1300 GMT is 0900 MayDay in Soviet Russia.

Mon, 04/30/2012 - 15:38 | 2386087 The Swedish Chef
The Swedish Chef's picture

Yeah, that made all sorts of sense and above all, it answered my question.

 

Fitting screen name.

Mon, 04/30/2012 - 15:08 | 2385987 apu123
apu123's picture

To quote Thunderlips "the Ultimate Male" from Rocky III, it is the Ultimate Male versus the Ultimate Meatball.

Mon, 04/30/2012 - 15:11 | 2385991 j.tennquist
j.tennquist's picture

Rocky Graziano vs. Pee wee Herman.  

I still think that Keynesians and Free Marketers should battle it out in a game of Team Fortress 2.

The Keynesians would all be engies and build dispensers while the Free Marketers would be spys and sap the life out of each them as they are built.      

I think we will see a similar trouncing here.   Should be good fun.

 

Mon, 04/30/2012 - 15:22 | 2385993 LouisDega
LouisDega's picture

I wont be home to watch it , Plus my FIOS DVR says i have a recording conflict with Abbott and Costello meet Frankenstein and Full metal Jacket. Sorry Krugman. Kubrick comes first

Mon, 04/30/2012 - 15:11 | 2385997 FrankIvy
FrankIvy's picture

Female host just said Krugman is coming on and we'd see if he has ideas on how to end "this depression."

Wow.

Mon, 04/30/2012 - 15:21 | 2386032 Poetic injustice
Poetic injustice's picture

Krugman will end depression by printing more, silly you!

Mon, 04/30/2012 - 15:39 | 2386091 NotApplicable
NotApplicable's picture

Only if he goes "Bud Dwyer."

Mon, 04/30/2012 - 16:24 | 2386284 fuu
fuu's picture

Krugman's new book is "End This Depression Now!"

Mon, 04/30/2012 - 15:11 | 2386000 Caviar Emptor
Mon, 04/30/2012 - 15:23 | 2386035 RoadKill
RoadKill's picture

Back when I was in banking, if everyone wasnt working 100+ hours a week you were overstaffed. You always fired the lowest ranked analysts and associates, just because they worked only 80s a week and only got a B+ on their reviews. Had to keep the others thankful for having a job at all.

So yeah, with trading volume down 30%-50% expect big layoffs. If you dont like it move to France and Hollande will make sure no profitable company is allowed to layoff a worker ever again.

Mon, 04/30/2012 - 15:36 | 2386080 falak pema
falak pema's picture

how do you work 100+ hours a week when the week contains 154 hours in all and you need 60 to sleep and shit, 10 to travel and 20 to eat. That leaves you a maximum of 60 to spend on work premises, assuming you are  a nazi type workaholic. 

You sound like a baloon that has been blown up beyond maximum pressure, somethings gonna go boom!

 

Mon, 04/30/2012 - 15:39 | 2386096 NotApplicable
NotApplicable's picture

They do all of that other stuff at work.

Mon, 04/30/2012 - 16:12 | 2386235 roadhazard
roadhazard's picture

He's in "banking". Take every sentence with a grain of salt.

Mon, 04/30/2012 - 16:19 | 2386271 Hacked Economy
Hacked Economy's picture

@ falak pema,

Uh...there are 168 hours in a week, you wingnut.  Not 154.  If you can't even get your 2nd-grade math right in your very first sentence, then chances are nothing else in the rest of your post(s) will be reliable, either.

Tue, 05/01/2012 - 04:43 | 2387566 falak pema
falak pema's picture

I'm not counting the Sunday. Even God said stay at home. 14 hours being the residual part of it, apart from sleep and shit etc. deducted elsewhere in my rant, aka 10 hours.

Mon, 04/30/2012 - 16:19 | 2386272 Umh
Umh's picture

You're right, but check the math.

Mon, 04/30/2012 - 17:17 | 2386474 Teamtc321
Teamtc321's picture

The used to be banker sound's like a blivet, 10# of shit in a 5# sack.   

Mon, 04/30/2012 - 17:42 | 2386569 BooMushroom
BooMushroom's picture

I'm just a retail slug. I can't tell you the last time I got 60 hours to sleep and shit. Try 32 hours a week (6/night). 10-15 a week to eat. 14 to travel. 7x24=168 hours Per week means 104 to work and do anything else.

Mon, 04/30/2012 - 15:11 | 2386005 boogiedown
boogiedown's picture

no way!!??? for that i will move my 3:00 snack to 4:00 today. But I hope RP took his "eloquence pill" this morning bc Krugman is good at soundbites/spinning

Mon, 04/30/2012 - 15:13 | 2386009 RoadKill
RoadKill's picture

Hate to say it but to an unbiased observer ots going to seem like Krugman kills Paul. I like most of Pauls ideas, but they never come out of his mouth smoothly. Krugman spews BS but will hide it behind big words like aggregate demand

And if he ever gets backed into a corner, Krugman can just make fun of Paul for being a gold nut.

Here is the question Id like to ask Bernake or Krugman...

Given the $15 ($20+ if Obama gets reelected) trillion of Federal debt and the burden it currently puts on the US budget (even though our effective interest rate is ~3%) how can the Fed ever raise its base interest rate back to a normal level of 4%-5% without bankrupting the government....

And

Given the Fed is currently buying 2/3rds (or more) of new Treasury issuance. How will the fed NOT be forced into QE 3, 4, 5... MUCHLESS unwind QE 1 & 2 and sell the treasuries on its books????

Mon, 04/30/2012 - 15:33 | 2386064 dwdollar
dwdollar's picture

Well of course...

We didn't get to this point by people following the principles of sound money.

Inflationists always put on a better show because they tell the people what the people want to hear. That is, big central government will fix everything if you just sit back, do nothing, and let it happen.

Mon, 04/30/2012 - 15:18 | 2386022 r101958
r101958's picture

Now, if they would only report the REAL inflation rate (8-10%) instead of the massaged numbers.

Mon, 04/30/2012 - 16:04 | 2386202 NotApplicable
NotApplicable's picture

Is it too much to ask that you enjoy the massage rather than complaining non-stop?

Mon, 04/30/2012 - 15:17 | 2386024 youngman
youngman's picture

Krugman will start yelling over what Dr Paul is saying...its a Liberal tactic....if you can´t win the argument with facts...just yell over it....yasseman_schmidt ....?????  the Democratic spokesbitch....does it all the time...just yell the talking points...over and over...

Mon, 04/30/2012 - 15:38 | 2386088 Clueless Economist
Clueless Economist's picture

yasseman_schmidt ???? LOL that is very funny....actually her name is

wietzerman_schlitz

Mon, 04/30/2012 - 15:44 | 2386118 falak pema
falak pema's picture

as long as she likes working for payment tomorrow that's fine on borrowed money. Payment tomorrow is keynesian logic of borrow in hope of a glorious tomorrow. And, we have to borrow... so if its not glorious...mamma mia!

Mon, 04/30/2012 - 15:19 | 2386028 catacl1sm
catacl1sm's picture

listening to krugman on inflation, I just threw up in mouth a little.

Mon, 04/30/2012 - 15:19 | 2386030 WoodMizer
WoodMizer's picture

For those playing at home, drink everytime Krugman points to doomsday 2008.

There will be a special drinking game chat room, but I don't mind drinking alone.

Mon, 04/30/2012 - 15:24 | 2386040 Poetic injustice
Poetic injustice's picture

That's not enough.

1 shot on "expectations"

2 shots on "inflation"

3 shots on "sound economic policy"

Mon, 04/30/2012 - 15:26 | 2386050 The Swedish Chef
The Swedish Chef's picture

You won´t survive.

Mon, 04/30/2012 - 15:24 | 2386041 slackrabbit
slackrabbit's picture

OMG did anyone hear the last 5 mins?

Apparently printing money is of no concern to bond holders!

 

FFS this man is in denial?

Even the bloomberg staff were struggling to believe him!

Mon, 04/30/2012 - 15:42 | 2386105 NotApplicable
NotApplicable's picture

Well, of course not. Without all of the printing the bondholders will get squat. As for inflationary expectations, well the only thought is "more for me please."

Mon, 04/30/2012 - 15:24 | 2386042 TahoeBilly2012
TahoeBilly2012's picture

Announcer on Bloomberg looks and sounds like Dan Akroyd from SNL news...."Paul, you ignorant..."

Mon, 04/30/2012 - 15:24 | 2386044 ONO47
ONO47's picture

More like Paul and Paula (because Keynesians suck dick).

Mon, 04/30/2012 - 15:29 | 2386060 W10321303
W10321303's picture

"Let 'em Die" "Let 'em Die"...."The Confederacy had nothing to do with slavery." Ron Paul is an ignorant 19th century southern Democrat. What are the drastic cuts he wants? War in Afghanistan? Super-spy computers in Utah? Military bases strewn all over the world? Subsidies for nuclear power utilities? .....nooooo, Medicare and funding for public education...Does he want to get rid of off-shore tax havens or make the rich pay for all of those special perks? ....noooooo, it's all about 'entitlements' for anyone who actually has had to work for a living. "Freedom" for him is letting them (us) have the right to die in the gutter....

Mon, 04/30/2012 - 15:33 | 2386070 ONO47
ONO47's picture

Somebody has their panties in a bunch.

Mon, 04/30/2012 - 15:46 | 2386126 NotApplicable
NotApplicable's picture

Sometimes people mistake the W for Wednesday for the M in Monday, and well, they just don't fit right upside down.

Mon, 04/30/2012 - 16:39 | 2386358 Chump
Chump's picture

Can't really expect much from this guy:

 

Biography

udergrad degree in Econ. Full-time student in HIT/ Long career in non-profit community interest politics and development.

 

Mon, 04/30/2012 - 15:42 | 2386106 Thadeous
Thadeous's picture

Ummmm, what? Do you know what you're talking about?

 

Ron Paul does want to end Afghanistan.

He wants to close down all the bases "strewn all over".

He also wants to end all the socialist garbage thats worked it's way in over the years that allows faggots like you to survive in this world.

Go read some more washington post you tool.

Mon, 04/30/2012 - 15:48 | 2386112 NotApplicable
NotApplicable's picture

I was beginning to the think the RP trolls were on vacation, now that Mittens is focused on Obummer.

Good to see you could make it.

Mon, 04/30/2012 - 16:00 | 2386175 ONO47
ONO47's picture

I'm sorry W10321303 I got you so mad. Did someone just use your ears as handles?

Mon, 04/30/2012 - 17:25 | 2386507 Teamtc321
Teamtc321's picture

W10321303 need's a flat top so we can sit our beer on the flat head next time around. 

It will be ok........

Mon, 04/30/2012 - 17:49 | 2386584 BooMushroom
BooMushroom's picture

You are so right. Instead, let's spend 10,000 of tax money for each of the 70,000,000 boomers so they can live an extra 10 years. After all, what's another 700000000000 in debt between generations, right?

Wait, it's half a million per boomer? Looks like gen y will learn what a quadrillion is!

Mon, 04/30/2012 - 15:30 | 2386061 GCT
GCT's picture

I guess no politician wanted to debate Paul on this issue, so they had to pick their champion to defend them.  Sad it has come to this.  I wish I could watch it but will be working still. 

Mon, 04/30/2012 - 15:45 | 2386125 skepticCarl
skepticCarl's picture

No politician needed to debate with him.  Ron Paul is a fine man, but he is irrelevant to 95% of the electorate. 

Mon, 04/30/2012 - 15:53 | 2386164 ONO47
ONO47's picture

Maybe, but currently, he has the most delegates in Louisiana, Iowa, Minnesota ....

Mittens better hit his delegate number before the convention. Could be 1920 all over again. Not likely but hope springs eternal.

Mon, 04/30/2012 - 15:32 | 2386068 peekcrackers
peekcrackers's picture

This will be a smack down  Cannnnnn you smeeeeel what the D.Paulr is cooking.

Mon, 04/30/2012 - 15:37 | 2386075 ebworthen
ebworthen's picture

Krugman wants to sell his book.

What a glass-eyed wonk.

Debt won't have to be paid off?  Oh, inflation will solve it?  Gee thanks Krugtato.  Krugman is a tater-tot with an unkempt beard.  "Krugtato conquers deficits with stagflation!"  Where is Godzilla to fry this potato when you need him?

Perhaps Dr. Paul can Godzilla stomp him; let's hope so.

Mon, 04/30/2012 - 15:36 | 2386082 xela2200
xela2200's picture

Krugman said that the great depression of the 1930s was really two recessions is just the recoveries weren't enough to get back all the ground lost. I guess that all those bounces in the stock market drop of 2008 were really little bull markets. Lower highs and lower lows is a down trend. Nobel must be turning in his grave. Thanks for the dynamite buddy.

Mon, 04/30/2012 - 17:47 | 2386581 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Nobel must be turning in his grave. Thanks for the dynamite buddy.

Alfred Nobel had nothing to do with the Economics "Nobel Prize". It was established in 1968 by the world's oldest central bank, Sveriges Riksbank, as an attempt to buy legitimacy for the "science" of economics.

Sveriges Riksbank pays an annual bribe (for "administrative costs") of about a million dollars to the Nobel Foundation for allowing the economics participation trophy to ride on the coattails of the real Nobel Prize.

If it was a real Nobel Prize, it would be called the Nobel Prize in Economics (which, in desperation, is what many economists call it) instead of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

http://en.wikipedia.org/wiki/Sveriges_Riksbank_Prize_in_Economic_Science...

 

Mon, 04/30/2012 - 15:36 | 2386083 The Swedish Chef
The Swedish Chef's picture

"There is no need to panick over out debt now"

 

ILuvKeynesians.

Mon, 04/30/2012 - 15:43 | 2386110 Poetic injustice
Poetic injustice's picture

But of course. If you would have a friend who always lends any amount of money and never asks it back, would you worry about your debt to him?

Besides my bet is on shooting war as all other cards have been played. And all debts are wiped after a war.

Mon, 04/30/2012 - 15:39 | 2386093 falak pema
falak pema's picture

ron paul vs Krugman sounds like the race between the tortoise and the hare!

Mon, 04/30/2012 - 16:23 | 2386282 Hacked Economy
Hacked Economy's picture

Huh?  You placed Ron Paul in the same order as the tortoise?

Refer to my earlier comment to your post higher up on the thread.

Mon, 04/30/2012 - 17:51 | 2386590 TheFourthStooge-ing
TheFourthStooge-ing's picture

It's more like the race between the honest congressman from Texas and the dead skunk in the middle of the road.

 

Tue, 05/01/2012 - 04:41 | 2387567 falak pema
falak pema's picture

Read my comment on your comment, Its all about Sundays and Hares and Tortoises having the day off! 

Mon, 04/30/2012 - 16:25 | 2386283 Hacked Economy
Hacked Economy's picture

Advice:  before writing down any thought, hold your breath and count to ten.  If it's a good thought, then it's worth writing down.

If it's not, then just keep counting...

Mon, 04/30/2012 - 15:42 | 2386104 skepticCarl
skepticCarl's picture

Ron will fumble the ball near his own goal line, just as he has done, repeatedly, with Bernanke at Congressional hearings.

Mon, 04/30/2012 - 16:16 | 2386254 roadhazard
roadhazard's picture

Eggzachery, he is not a debater and comes off looking lost for not being able to take a thought to it's conclusion when pressed.

Mon, 04/30/2012 - 15:43 | 2386113 metaforge
metaforge's picture

OMFG... I had never heard that little doughboy's voice before, but it's exactly as I imagined it.

Mon, 04/30/2012 - 15:45 | 2386127 Poetic injustice
Poetic injustice's picture

"In my ideal world, we would have neverending fiscal stimulus and inflation target."

 

That's how Keynesians discern other Keynesians in crowd :)

Mon, 04/30/2012 - 15:47 | 2386130 Goatboy
Goatboy's picture

What a waste of time.

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