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Progressives truly don’t understand the difference between wealth and money
Posted By: Bookworm      1/8/2013 8:35:56 PM
Bookworm Room, by Bookworm
Original Article

Paul Krugman is a Nobel Prize winning economist. He’s also remarkably ignorant (or stupid or, maybe, both). Only someone lacking in brains and understanding would think that the U.S. could get out of its debt problem, not by printing paper money, but by minting a platinum coin and then denominating it a “$1 trillion coin.” Nevertheless, that’s exactly what Krugman proposes.

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