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Is the Pope Catholic? Does a bear SHIT in the woods? If a tree falls in a forest does it make any sound?
I don't mean another unwitting zombie, I mean actually paid to do the Fed's bidding.
I don't mean another unwitting zombie, I mean actually paid to do the Fed's bidding.
Good Cop....Bad Cop/ Good Economist....Bad Economist
Good Cop....Bad Cop/ Good Economist....Bad Economist
Yeah sort of Edward Bernays type stuff, keep the herd docile.
How'd you like be one of the "fortunates" paying a cumulative $65,000 or so a year to have a child "educated" by this guy at Princeton ?
How long until even the oligarch's children throw rotten vegetables at this guy in the classroom.
One thing for sure...if you hand in a paper with anything other than what this guy wants to hear-you can count on receiving a D+ or C-.
Now THAT'S an education !
Could anyone correct me if I'm wrong ? (though highly improbable, ha).
There is no Nobel Prize for Economics.
Therefor, Paul Krugman never received one.
What he did receive, is an obscure prize "dedicated to the memory" of Alfred Nobel-
and given BY A BANK IN EUROPE, no less.
There is no Nobel Prize for Economics.
Therefor, Paul Krugman never received one.
What he did receive, is an obscure prize "dedicated to the memory" of Alfred Nobel-
and given BY A BANK IN EUROPE, no less.
Yes, I looked it up and you are right.
Krugman is a shill who would have no job without shilling. Every burger-flipper does more for the economy than this crony imbecile.
Krugman is a shill who would have no job without shilling. Every burger-flipper does more for the economy than this crony imbecile.
But is he directly on the payroll? I think he is.
If he is, it's a recent occurrence.
From 2002 to 2005, he was the only voice on the "liberal" New York Times who called the Libertarian invasion of Iraq what it was.
That is not a position which will made him welcome in the financial industry or at the local synagogue.
HydroCABRON not hydrocarbon says
That is not a position which will made him welcome in the financial industry or at the local synagogue.
With a sound byte memory he does not have to worry. It is his fucked up economic views used go promote the party line that pisses most of us off...
HydroCABRON not hydrocarbon says
That is not a position which will made him welcome in the financial industry or at the local synagogue.
With a sound byte memory he does not have to worry. It is his fucked up economic views used go promote the party line that pisses most of us off...
He may have said some worthwhile things, and yes, we probably spend money on the wrong things such as perpetual wars, but anybody who advocates borrowing for their own good and have future generations pay for it instead of advocating spending cuts is a crook and thief - hopefully future generations will remember him as the ass he is.
Krugman is a shill who would have no job without shilling. Every burger-flipper does more for the economy than this crony imbecile.
In other words, the only thing he preaches is puely Fed propaganda and not business sense.
Remember the bankers got their power because they told Woodrow Wilson they'll finance WWI and gave the ability to offer loans to Europe to win agains Germany.
Ever since, bankers worked tireously to make Keynesianism dogma after WWII to where investors only see credit expansion as business expansion with no savings.
The mindset will shift to old times because the Fed is shifting gears. At one point credit expansion was their religion, now they themselves do not want to expand it because they built a monster that will consume them.
Well, queasy is back. And this time, the strong arm belongs not to the boss of the company, Janet Yellen of the Fed, but to a media supporter, Paul Krugman of the New York Times. Unlike the old Fan and Fred execs, Krugman isn’t administering his punishment in the privacy of a conference room but rather in his columns and blogs. Example: This week, the professor’s target was actually another man qualified to be a professor, Cliff Asness, a University of Chicago Ph.D. who does his own academic work. Asness also runs tens of billions at a hedge fund, a fact that suggests he has thought about interest rates and the Fed quite a bit. To Asness Krugman wrote: “But if you’re one of those people who don’t have time to understand the monetary debate, I have a simple piece of advice: Don’t lecture the chairman of the Fed on monetary policy.â€
>http://www.nationalreview.com/article/390504/other-bubble-amity-shlaes
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