American Madness

Intelligent Criticism in the Service of a Better Nation

Krugman takedown of the day

“Krugman is playing the standard disingenuous game of pretending that rising prices are inflation, rather than the result of inflation. The Fed has been expanding the money supply like crazy for decades by holding interest rates down, and faced with the latest bursting bubble, they decided to inflate some more, just as they did in [...]

Yay for tariffs

Another gem from the NYTimes boards in response to Krugman being vacuous and unspecific.
One of my degrees is a specialization in the political, social and economic history of the 1930s. Prof. Krugman has nailed the central question about the current collapse. The 2008 economic crash is mimicking the 129-32 collapse. The remedies on the [...]

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