Thursday, December 8, 2016

On Paul Krugman's Brain-Disordered (to the Point of Making Wile E. Coyote Seem Cogent) Proposal to Pay Down the Debt with a Trillion Dollar Platinum Coin

Fort a platinum coin to be worth a trillion dollars the thing would have to be the size of a brownstone. But as we all know here the inflation-worshiping and spendaholic Krugman isn't talking about real value but fiat value and so the platinum aspect of this whole harebrained scheme is totally superfluous and deceptive. To steal a ditty from Malraux, “Man is not what he thinks he is, he is what he hides.”

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