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  Great- a second piece of evidence in the same day that the Nobel Prize committee is nothing but a bunch of tundra-dwelling Progressive brumhildes!
  
  Yellowhoard- I thought you were putting this swine on the smoker! Did you run out of mesquite chips?
  
  Can't wait to see the laundry list of NYT editorial-page gaffes. Just slap down another post hoc ergo procter hoc fallacy in the name of "economic science". The fashion designers, Broadway play actors and bums in need of toilet paper that make up 90% of his current readership can't pick up on that...

  Oct 09 02:56 PM | Link | Reply
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  • a fat panda: 
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  • Joe The Economist
  "If there’s one overwhelming lesson from the Great Depression, it is that putting a higher priority on stabilizing your currency than on domestic recovery is utterly disastrous."
  
  Here are a couple of lessons Krugman overlooks to get to his "one overwhelming lesson"
  
  Don't let your money supply contract by 30%
  Don't let 9,000 banks fail
  Don't cause a drought
  Don't raise tariffs (which is roughly the same thing has driving your currency into the ground)

  Oct 09 02:57 PM | Link | Reply
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  • montanamark: 
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  oh, people cant wait to get more koolaid advice from krugman, what a joke.

  Oct 09 03:01 PM | Link | Reply
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  • MarketGuy: 
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  Krugman's increasing presence on CNBC should be an "yellow canary" indicator in itself.

  Oct 09 03:51 PM | Link | Reply
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  • Mad_Max_A_M...: 
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  I always thought that Krugman was just a "carnival barker" for the Obama Tax N Spend Regime? So now he thinks he's an economist?

  Oct 09 04:59 PM | Link | Reply
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  • Graham and ...: 
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  • R.W. Wentworth & Co.
  Krugman doesn't realize that ultimately, currency stability is the path to overall economic stability. He's providing a false dichotomy with this remark.

  Oct 09 06:43 PM | Link | Reply
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  • The Geoffster: 
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  "The surest way to destroy a nation is to debauch its currency."
  - Lenin

  Oct 30 07:08 PM | Link | Reply
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  • anarchist: 
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  I love it when there is an article by Krugman. All the anti-novel laureates come out of their right wing caves to spew their hatred for socialist (which is code word for liberals or Obama Democrats) and froth at the mouth trying to put down the "ignorant" Princeton economic Prof. because they in their infinite wisdom know more than he.

  Oct 30 07:56 PM | Link | Reply
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  • Mr. Ed, Jr.: 
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  "If there’s one overwhelming lesson from the Great Depression, it is that putting a higher priority on stabilizing your currency than on domestic recovery is utterly disastrous."
  
  Could we at least pick one -- currency or recovery-- and do something about it ? Some of us non-Nobel laureates think that might be a good idea.

  Oct 31 01:42 AM | Link | Reply
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  • Fred W: 
  • Comments (257)
  You really are an ass.
  
  
  On Oct 30 07:56 PM anarchist wrote:
  
  > I love it when there is an article by Krugman. All the anti-novel
  > laureates come out of their right wing caves to spew their hatred
  > for socialist (which is code word for liberals or Obama Democrats)
  > and froth at the mouth trying to put down the "ignorant" Princeton
  > economic Prof. because they in their infinite wisdom know more than
  > he.

  Oct 31 02:30 PM | Link | Reply