Tag Archives: debt

Stewart to Krugman: Trillion Dollar Coin is A "Stupid !@#$%^& Idea"


Jon Stewart responds to the “rare gray-bearded urban laureate” about his idea for getting around the debt ceiling. NB: Crude humor and language The Daily Show with Jon StewartGet More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show … Continue reading

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What Is A GDP Anyway?


We constantly hear about this mystical number, the GDP. What is it? What does it mean? Where did it come from? Great questions. If you’re a regular reader of Curmudgeons, you won’t be surprised at the answers. It stands for … Continue reading

Posted in Refuting Keynesians | Tagged , , , , , , , , | 2 Comments

How Would A Government Shutdown Affect Me?


With the fake “fiscal cliff” propaganda over with, the federal government is now nearing the fake “debt ceiling”. There is talk of minting trillion dollar platinum coins as a solution, support for a shutdown by some, and all kinds of … Continue reading

Posted in Government overreach, Libertarianism, Politics, What a curmudgeon hears | Tagged , , , | 4 Comments

Krugman Starts To Hedge


Paul the Prognosticator starts to back off a bit on whether all the Fed’s money printing will cause (price) inflation. It’s true that printing money isn’t at all inflationary under current conditions — that is, with the economy depressed and … Continue reading

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On the Burden of Economic Ignorance


Krugman never ceases to amaze. In one of his posts yesterday titled “On The Non-burden of Debt” we are treated to another fallacious Keynesian argument. Krugman talks about current spending leading to future generations being poorer, but tells us we’re … Continue reading

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Jim DeMint almost gets it


Judge Andrew Napolitano had Senator Jim DeMint (R-SC) on Freedom Watch the other night.  DeMint talked a good game for the vast majority of his interview, making statements like “both parties have been a part of the problem” and saying … Continue reading

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Changes Are Coming


A friend sent this to me. I’ll comment inline. CHANGES ARE COMING… 1. The Post Office. Get ready to imagine a world without the post office. They are so deeply in financial trouble that there is probably no way to … Continue reading

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Earth to Krugman: The Treasury != The Fed


In one of today’s idiotic posts, Debt Is (Mostly) Money We Owe to Ourselves, Krugman says: People think of debt’s role in the economy as if it were the same as what debt means for an individual: there’s a lot … Continue reading

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