OLD1953 wrote:As you point out, Krugmann is hardly the only one yelling for unlimited money printing. What we've got is the demands from the "real" entitled, the folks that believe they are the real movers and shakers in the world, who are telling the politicians "you WILL back us up!". Given they just gave Obama a talking to, and doubtless Romney as well, they probably feel very secure right now. That's probably going to last another few months, and then reality will demonstrate to them that they have just as much staying power as the movers and shakers in the old Roman Empire. Politicians are very much aware now they can keep their money masters happy, or they can keep their jobs. I'll bet on the jobs.
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