Marc Faber : "The views of the Keynesians like Mr. Krugman is that the fiscal deficits are far too small. One of the problems of the crisis is that it was caused by government intervention with fiscal and monetary measures. Now they tells us we didn't intervene enough. If they really believe that they should go and live in North Korea where you have a communist system. There the government intervenes into every aspect of the economy. And look at the economic performance of North Korea."
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Showing posts with label Paul Krugman. Show all posts
Showing posts with label Paul Krugman. Show all posts
Friday, December 14, 2012
Thursday, April 7, 2011
Paul Krugman Explains QE2
Economist Paul Krugman explaining QE2 Quantitative Easing 2 at Haverford College speaking event.
"...I was asked what's the FED is doing when it goes out and buys long term bonds , so what it is really doing is buying long term bonds and selling short term bonds , it is using bank reserves which are in effect short term claims on the US Government , or in some cases it is actually selling off it's holding on short term treasuries to buy long term bonds , meanwhile there is the treasury setting out there that is having a bunch of debt some of it long term debt , in effect the federal reserve is building up that short term debt and paying down some of the long term debt , so what's happening is QE2 is basically a reduction of the maturity of federal government debt and I think it works out as something like ten months of the maturity the average maturity of the federal government debt ...."
"...I was asked what's the FED is doing when it goes out and buys long term bonds , so what it is really doing is buying long term bonds and selling short term bonds , it is using bank reserves which are in effect short term claims on the US Government , or in some cases it is actually selling off it's holding on short term treasuries to buy long term bonds , meanwhile there is the treasury setting out there that is having a bunch of debt some of it long term debt , in effect the federal reserve is building up that short term debt and paying down some of the long term debt , so what's happening is QE2 is basically a reduction of the maturity of federal government debt and I think it works out as something like ten months of the maturity the average maturity of the federal government debt ...."
Saturday, January 22, 2011
Paul Krugman interview with aljazeera January 22, 2011
Paul Krugman, The visionary economist and Nobel Prize winner shares his insights into international trade and finance , one on one interview with aljazeera TV . Paul Krugman, who was named Columnist of the Year by Editor and Publisher magazine, writes a twice-weekly column for the op-ed page of the New York Times. He is a professor of economics and international affairs at Princeton University, and the author or editor of 20 books and more than 200 professional journal articles
Wednesday, December 22, 2010
Paul Krugman on How To Stimulate The Economy -The Rachel Maddow Show
22 December, 2010 MSNBC
Paul Krugman Talks About How To Stimulate The Economy On The Rachel Maddow Show
Paul Krugman Talks About How To Stimulate The Economy On The Rachel Maddow Show
Thursday, October 14, 2010
Krugman: China is the Bad Guy in the Currency War
Wed. Oct. 13 2010 | Princeton University professor Paul Krugman, says China is the "bad guy" in the currency war as it is behaving badly by having an artificially weak yuan even as it is tightening policy. He states his case to CNBC's Chloe Cho.
Krugman: We Need Trillions Worth of QE
Wed. Oct. 13 2010 | While many have said more QE will do little to help boost economic growth and will severely weaken fiscal positions, Nobel prize winning economist, Paul Krugman has been arguing for not just more stimulus, but to the tune of trillions of dollars. He makes his case to CNBC's Chloe Cho.
Sunday, July 4, 2010
Niall Ferguson vs Paul Krugman on Fareed Zakarias GPS CNN July 04, 2010
Economist Paul Krugman is a proponent of a strong economic stimulus now. On Fareed Zakaria's GPS.
Niall Ferguson Business Prof at Harvard sees a different solution to the U.S. economy from Paul Krugman.
Niall Ferguson Business Prof at Harvard sees a different solution to the U.S. economy from Paul Krugman.
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