Krugman on generational stuff

[vincecate]

Someone pointed out that fear of debt is a generational thing and Krugman says that belief in austerity is a generational thing.

http://krugman.blogs.nytimes.com/2012/0 ... austerity/

[aedens]

We have read his work and quod abundat non nocet rules the day anyway.
His circle of self that abounds causes no harm. Let us reason it ourself
that debt serves who, so they can rule your future. His circular logic
serves himself well. You will do better to guage the future with
Hartmut Heinrich facts of HO[H Zero] reality than Dr. K print
until it works mythological premise.

[vincecate]

You will do better to guage the future with
Hartmut Heinrich facts of HO[H Zero] reality than Dr. K print
until it works mythological premise.

I don't read Krugman because I believe him or respect him. I read him to try to understand how the mainstream foolish economists think. In particular I think Bernanke thinks much like Krugman. They believe that we need to print more money until unemployment is reduced. Since I don't think printing money is going to reduce unemployment, I think they will print till they get us into hyperinflation, which is very hard to get out of.

[alison3492]

It very good idea, but i think that something like that have already been done. There is for sure some web site or even a good book about it. I read it somewhere but i cant't remember, if anyone knows please reply.