Tyler SLAMS the criminal Krugman and company in this epic post denouncing Keynesianism as he defends one of the most accurate financial forecasters in history:
While we approach the topic of Paul Krugman with the same eagerness one approaches a clogged up, never cleaned, bathroom at a frat party that is about 50 years past its due date, (pretty much like Keynesianism) this one just put us over the top. In his latest pointless drivel on the economy, instead of reverting to his usual mode of praying to John Keynes, bitching at those who dare call for accountability and the punishment of all those, such as Krugman, responsible for what is now a $4 trillion taxpayer monetary bailout tab, and begging for trillions, then quadrillions, then quintillions, then an infinite amount of money, the Op-Ed writer has instead decided to start a mudslinging campaign against none other than Jim Rogers, the co-founder of George Soros’ Quantum Fund, who has been pretty much spot on with his calls for decades.
Jim Rogers is a demi-god of Austrian sanity.
This had me rolling on the floor:
just how dumb does Krugman take his readers to be, when he says something as patently imbecilic as the following: “And please note that inflationistas like Rogers have been wrong about absolutely everything this cycle (and the last cycle, and the cycle before that).” While this statement is so wrong and obtuse, it merely confirms that Krugman must obviously be an idiot if he believes that any of those unfortunate enough to read his meandering garbage will not spot who has been wrong not only about this cycle, but the one before, and the one before that.
In Krugman’s fucked up world, Rogers is the inflationista that’s wrong all the time. Of course, this is 180 degrees from what the truth is. Anyone with more than two brain cells who follows this stuff knows this.
Basically this is Krugman having a mental break down. He’s peddled lies his whole life, which has caused him to lose touch with reality.