Monday, November 24, 2014

Both Japan and the U.S. can thank Paul Krugman now for their road to collapse

Economist Paul Krugman is a well known follower of Keynesian economics, and the belief that governments should constantly stimulate the economy and free markets with debt based printed money.  His work in the field of study has won him a Nobel Prize, but since anyone from terrorists to community organizers regularly win this award simply for breathing, that in itself is no longer a worthy accomplishment or title to hold.

But unfortunately for Japan, and soon to be for the rest of the world, Krugman’s chaotic beliefs are no longer limited to the U.S. mainland as it has recently been discovered that he took his horrific doctrines on the road and are the primary catalyst behind Prime Minister Shinzo Abe’s decision to monetize the entire government budget, and collapse the Yen onto the ultimate path of hyper-inflation.


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