Economists agree: Print. Money. Now.

It is no secret that economists Tyler Cowen and Paul Krugman have profound differences on the proper role of how government should manage the economy. Over the course of the ongoing economic crisis, they've engaged in an enlightening debate about such topics as the effectiveness of Keynesian fiscal stimulus policies via their respective blogs and New York Times columns. The libertarian-minded Cowen is a fiscal stimulus skeptic; Krugman, notoriously, is not. Full Story »

Posted by Kaizar Campwala
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Posted by: Posted by Kaizar Campwala - Mar 21, 2009 - 12:34 AM PDT
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Edited by: Kaizar Campwala - Mar 21, 2009 - 12:34 AM PDT

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William Hughes-Games
3.7
by William Hughes-Games - Mar. 22, 2009

Not a lot of insite or development of the theme

As the article pointed out, printing money causes inflation. No surprises there. A larger quantity of money is equal to the same (or now less) goods and services. Inflation makes any money you have in the bank or from your pay check worth less. In other words, printing more money steals money from your bank and lowers your wages. Another aspect of the government using the tax payer to bail out the banks; all part of the pyramid scheme aspect of our economy and all pyramid ... More »

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Kenneth Sibbett
3.7
by Kenneth Sibbett - Mar. 22, 2009

Mr. Leonard seems to make is case for printing mountains of money. Sooner or later, it's going to be nothing but PAPER!

How many economists are in Congress? How about the press? How many off these millions of bloggers have a degree?I would bet there's less than a thousand people in the World who knows what's REALLY going on.

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