He was very non-specific, so his claims hold water, albeit in a very loose way. But let's not kid ourselves, Paul Krugman never met a central bank he didn't l

He was very non-specific, so his claims hold water, albeit in a very loose way. But let's not kid ourselves, Paul Krugman never met a central bank he didn't love, and believes that there's no limit to the bankroll for a credit/debt centrally managed economy. There's zero debate to that. The only debate going on is between republicans and democrats on HOW that gravy is spent. Republican leadership want war, and want the potholes fixed in the red districts. Democrat leadership want war, and the potholes fixed in the blue districts. Most citizens are caught up heavily, or lightly, in some (distracting) cause or another. But virtually no one questions whether the entire system is really, and truly able to keep up the charade. The insanely wealthy have built up their warchests for the next big ass whipping to the global economy, but amongst the peasants, people are like "meh". When they should really be building a bit of bankroll for themselves, for the rainy day. "...first by inflation, then by deflation, the government, the banks, and the corporations, will grow up around them and deprive the people of prosperity until their children wake up homeless ..." --no one famous said (but it's still true)