quotes from RP vs PK

mame

mame

Well-Known Member
Of course the Paulites will believe RP won this little "debate" hands down but that truth is that almost everything he said was wrong. On that note, the problem with debates is that there isn't ever any fact checking till after the fact... It's not really a venue that's very friendly to complicated topics like economics.

Also, Paul krugman does not belong on tv.
 
Johnny Retro

Johnny Retro

Well-Known Member
mame said:
Of course the Paulites will believe RP won this little "debate" hands down but that truth is that almost everything he said was wrong. On that note, the problem with debates is that there isn't ever any fact checking till after the fact... It's not really a venue that's very friendly to complicated topics like economics.

Also, Paul krugman does not belong on tv.
Click to expand...
So, you are arguing that everything Krugman said was right?
 
lifegoesonbrah

lifegoesonbrah

Well-Known Member
mame said:
Of course the Paulites will believe RP won this little "debate" hands down but that truth is that almost everything he said was wrong. On that note, the problem with debates is that there isn't ever any fact checking till after the fact... It's not really a venue that's very friendly to complicated topics like economics.

Also, Paul krugman does not belong on tv.
Click to expand...
Like what?
 
Mr Neutron

Mr Neutron

Well-Known Member
mame said:
Of course the Paulites will believe RP won this little "debate" hands down but that truth is that almost everything he said was wrong. On that note, the problem with debates is that there isn't ever any fact checking till after the fact... It's not really a venue that's very friendly to complicated topics like economics.

Also, Paul krugman does not belong on tv.
Click to expand...
Watch the video. Don't condemn something if you don't know what it is.
Now, about the debate that YOU are talking about, what was Krugman's reaction later? and I qoute, "gah gah goo goo"... now THAT is intelligent.
 
Johnny Retro

Johnny Retro

Well-Known Member
The problem with Krugman and Kenyes is they base their theory off of the assumption that we have an unlimited money supply. Which is true, but that in itself will drive our currency to 0.
 
lifegoesonbrah

lifegoesonbrah

Well-Known Member
Johnny Retro said:
The problem with Krugman and Kenyes is they base their theory off of the assumption that we have an unlimited money supply. Which is true, but that in itself will drive our currency to 0.
Click to expand...
and their idea that we can have exponential growth by holding the federal funds rate low with no consequences.

Magical fantasy land
 
You must log in or register to reply here.
Top