Comment: As Someone Else Here Brilliantly Pointed Out

(See in situ)

In reply to comment: Krugman says we're wrong because... (see in situ)

As Someone Else Here Brilliantly Pointed Out

It's like a 400 lb. man who doesn't exercise saying, "Heart attack? What heart attack? All the evidence says you're wrong about this alleged heart attack. How can you hold this view in the teeth of such clear evidence that it's wrong?"

And as someone else wisely pointed out, what he calls "mild inflation" is a mirage. A 10% increase in the price of food and gasoline while technology/computer prices go down 10% means inflation may be only 3% when aggregated. But the squeeze on the wallet is much more than 3% because the prices of the necessities are inflated much more greatly.

Rothbard: "Bipartisan: both parties acting in concert to put both of their hands in your pocket."