Editorial Gold: What Krugman Won’t Say
UPDATE: Irony Alert! Krugman’s striptease was published in the New York Times.
The dollar is in trouble. Between komrade Obama’s feckless economic “leadership” and bearded Bernanke’s rampant counterfeiting, the dollar has lost half of it’s real value since BB settled as Fed chairman. Time to fess up? What Krugman Won’t Say
Paul Krugman is out with his second piece in less than a week attacking The New York Sun. He calls us a “marginal publication, with strong gold bug tendencies.” His ire is up because we have failed to endorse Governor Janet Yellen as the next chairman of the Federal Reserve board. […]
That is the issue — the collapse of the dollar.
What ensues is classic Seth Lipsky: Polite, humorous, critically reasoned but brutal take-town of liberal obfuscation. Mr. Krugman’s attempt to avoid the real issues never stood a chance. Please read the whole thing.
And yes, the dollar is in deep trouble – and the same government/Fed policies that drove it’s failure are having predictable results.
As Margaret Thatcher pointed out, the Statist Mob are running out of other people’s money to spend. With the rise of the Liberty movement here in America, they are nearly out of time. When Krugman has to dip to cheesy ad-hominem, it is obvious they are fresh out of ideas.