From Monday, it was Paul versus Paul on inflation, government spending and the role of the FED on Bloomberg TV.
Dr. Paul kicked his can here. Mr. Krugman completely distorts the cause of the Great Depression in the debate and also says the post World War II economy was best ever. This is two examples of Mr. Krugman completely misrepresenting the truth.
- Ron Paul – “Governments aren’t suppose to run the economy, people are suppose to run the economy.”
- Paul Krugman – “I’m a believer in capitalism.” (I know, LOL!)