Home > currency devaluation, Debt, Economy, failure of Keynesian economics, Federal Reserve, fiat currency, Inflation, Quantitative Easing, stagflation > Ridiculous Claim: Rising Food and Gas Prices Not Being Driven by Fed Policy; The Dollar Hasn’t Gone Down

Ridiculous Claim: Rising Food and Gas Prices Not Being Driven by Fed Policy; The Dollar Hasn’t Gone Down

“Government mouthpiece and well known Keynesian economist Paul Krugman makes the case for monetary easing and Fed intervention by claiming that the rising cost of food and gas has nothing to do with the Federal Reserve and easy money dished out to banks, both foreign and domestic, to the tunes of not billions, but tens of trillions of dollars.

The latest economic theory from the Nobel Prize winning economist suggests that the Fed and government intervention couldn’t possibly have anything to do with US dollar depreciation – not for the last hundred years, and certainly not today:”

Via SHTF Plan

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