I don’t know how many of you saw this last week, but it is worth watching. It is a showdown between Congressman Ron Paul and Nobel-Prize winning economist Paul Krugman. Things must be getting pretty bad for Mr. Krugman to agree to a live debate with a guy who wants to end the Federal Reserve as we know it. The Fed has a monopoly, and Paul wants to break it up. This is no accident. This debate must be a message the powers that be want to get out to the public. In effect, what Krugman is saying is that we can print money to fix our economy. I wonder if this is some sort of front-running to dull what will be a new round of QE or more money printing. The economy is slowing down anew, and you can bet that in a presidential election year, a recession will not be allowed to occur. There will be more money printed (electronically) to keep the economy afloat—damn the effects of inflation. It appears to me Dr. Paul did more than hold his own with professor Krugman. Basically, Paul wants to liquidate debt, and Krugman wants to add to it. How much money printing is too much? Watch the video below and see what you think:
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.