It is a sad reflection on many people that they take the time to listen to absolute stupidity like this and then pay for it!

Inflation is the result.
See other countries that did this.

Sure just print some more Monopoly money. Then next time you go to the grocery that loaf of bread that had been costing you $3.25 will now cost $37.50.

And our money will be as worthless as
a Nobel Prize in Economics

Cle-(Krugman)-ar and Present Danger.

Krugman always says this. He´s a one trick pony.

Where do we get idiots like this?

Is he from Chicago? Educated at Harvard or Yale?

Just like Germanybafter WWI. A billion marks to buy a loaf of bread.

I think the value of a Nobel Prize is now worthless also.

Krugman.
Gore.
obama.

I rest my case.

The man is nuts.

I distinctly remember that Krugman had a column during the Bush administration expressing the dangers of excessive debt and spending and warning that Bush was putting the country in grave danger of a financial collapse with his excessive spending. I wish someone with the search capabilities would dig out this column and put it beside his new columns on Obama spending. Krugman is a hypocrite. Stimulus theory is discredited. Obama is sucking trillions from the private sector to waste in government spending which is unproductive. As long as this continues the economy will flounder and the wealthy cronies, unions, and public sector will want more. It will never be enough.

If what he says is true then why would we ever tax anyone ?

Or why should anyone work ?

Just print more money.

Great idea Professor. And while we´re at it, I´ll trade you my Mediterranean/Baltic Avenue cards for your Park Place/Boardwalk cards with the hotels. OK? Do we have a deal?

Usual NYT Economist/Writer? imbecile.

UNITED STATES NOTES - Google them.

We can print all the money we want. It´s just not a good idea.

He is beyond stupid now and is simply psychotic.

Apologies for 2nd post. We WILL become post WWI Germany; wheelbarrow of money to buy a loaf of bread

The effect of printing money is that existing money becomes worth less. Want to know why gas prices increased? Because oil exporting businesses KNEW our dollar was worth less and started raising their prices to compensate.

And yeah, it would help our exports but the resulting profit would be less, effectively negating the larger volume.

For such a supposed economic genius, Krugman ignores the give and take of the economy. Cheapen money and the value of earning and interest drops,eventually prices rise to compensate. Inflation results. It´s not a one dimensional system. So Krugman is either a simple minded, one dimensional thinker or being completely dishonest. Maybe both.

I wish we could all do that personally so that we do not have to live within our means

This made me laugh long and loudly... until it struck me how many people see things the same way as Krugman here, and just how serious they are about their absolutely demented suggestion.

Millions of Obama supportor believe this stuff and see the GOP as stupid for not using such an easy way out!

Krugman - call for you from the Weimar Republic. They say they have some news you can use.

We certainly have enough experience to know how this works. Krugman is a self-centered elitist and it doesn´t do him any good to say that printing money will lead to awful inflation. That´s common knowledge. So he has to come up with some convoluted argument that leaves his equally talentless colleagues gasping at his brilliance while we rubes consider what he´s said and say, "How, exactly, is that going to work? It can´t. It doesn´t make any sense." And then he and his colleagues will smile condescendingly at us and go to the faculty lounge for a brandy and to snicker at our ignorance. And when the economy does collapse, he´ll beat it to Switzerland or somewhere, and will retire with his rich wife´s inheritance, his tenure and all of his prizes, and George Bush will get the blame.

We need to explain this is terms that Democrats understand. For instance, if there are only two crack dealers in your neighborhood, the crack is worth more due to limited supply. But if crack dealer makes a huge supply and it becomes very plentiful, its value declines. Same thing with US Dollars.

So this is how a Nobel Prize and Ivy League Credentialed scholar thinks in today´s world?

Sure Professor, it will make our exports cheaper, but what will it do to the cost of our raw material imports?

Krugman is a real stinker.

"...U.S. won’t run out of cash because ´money grows on trees!´ "


Thanks, Paul.