Fiscal Insanity

Ran across this post in today’s Daily Reckoning. Those of you who like to think we can go on printing money without consequences should read – not just this article, but basically everything they publish.  I wouldn’t call it “doomsday” stuff, but predicting financial collapse for those who think money can be summoned into existence […]

Krugman’s Fantasy World

This is what passes for great thinking these days.  In this article in the Guardian, Paul Krugman essentially says “Hey, we’re all broke and deep in debt. What should we do?” He answers by saying (again, I’m paraphrasing) “Print more money and spend it! Give it away! Go ahead, it won’t hurt a thing! Free […]