Krugman: We can just print money to solve our problems

Seriously. I shit you not.

http://krugman.blogs.nytimes.com/2013/01/07/be-ready-to-mint-that-coin/

The bill above is from a period of Yugoslavian hyperinflation in 1993-1994.

But Paul Krugman is arguing Obama can "sidestep" the debt ceiling negotiation by simply printing a trillion dollars.

It's nice that Krugman hasn't given up his childhood belief in magic. But in the real world of grown-ups, such thinking is dangerous.

Comments

The one thing that could help.

Megan, you overlooked one obvious thing that could help. More regular, sane, well-adjusted people who are well trained in the use of firearms should be allowed to carry them concealed, in public. The reason the shooters pick malls, schools, restaurants and the like is that they know noone in any of these places will offer them any resistance. Because we have in our "wisdom" banned guns from these places - even by non-crazies. So when crazy shows up to a school there is *no way to stop it*. The meme is "Noone has ever committed a mass murder at a gun show." But it's truth. These shooters are, fundamentally, cowards. They want easy victims, and as you say, a sense of power. So they're going to go to places where we have banned guns and know they will get to exercise that power without resistance. Places that might resist won't give them the sense of power. The obvious solution you overlook, is to encourage, educate, and allow more people to defend thems...

Murder in the US

In 2011, I calculate the overall US murder rate as 4.6 per 100,000 population. But if you recalculate this, and assumed that black men murdered at the same rate as everyone else, the overall rate would drop to 1.9 out of 100,000 population. That would give the United States the 147th highest murder rate in the world - or, the 60th best. The insane disproportionate murder rate among US blacks is why the overall US murder rate seems so high. I don't understand why liberals refuse to talk about this. I don't understand why blacks refuse to talk about this. Blacks are just as often the victim as the offender - almost SIXTY PERCENT of murder victims in the US are black. Shouldn't they care about this? Where are Jesse Jackson and Al Sharpton to talk about this? Yet they are silent. And it's not like this is any secret. This culture of violence, abuse of women, and plain thuggery is paraded around daily in pop music. It's glorified on TV shows like "...

"Islamophobia" world's greatest threat

From foxnews.com, "Foreign ministers from the Organization of the Islamic Conference call 'Islamophobia' gravest threat in the world today" Well, tell you what. When Islamofascists stop bombing women, children, and old men in restaurants, and stop flying aircraft into office buildings, we will stop being afraid of Islam.

Publius

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