The Krugman Depression
April 13, 2009 – 7:00 am by JohnThis economics blagger asks: What name would you give to this econo-geddon? The Great Recession? Global financial meltdown? The Bush–Obama Depression?
My answer: the Krugman Depression. I want to start calling the depression of 1929-1945 the Keynes Depression and the current one the Krugman Depression. Oh, our professional criminal class bears more responsibility for the State’s creation of bubbles and interference with corrections than do their court economists, but Keynes and Krugman are so-called economists who should know better. Paul Krugman is as relentless in his insistence that the Fed inflate, inflate, inflate and Congress spend, spend, spend as he is stubborn in his refusal to listen to contrary theories. He and his confederates already have the economic equivalent of blood on their hands due to all the malinvestments and anti-corrective measures they have championed, and the mountain of wealth whose destruction they will have urged will only continue to grow as the depression deepens.
One Response to “The Krugman Depression”
Krugman makes me vomit a little whenever I actually read his crap
By Azrael on Apr 13, 2009