Ron (Austrian) Paul vs Paul (Keynesian) Krugman

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Information Ron (Austrian) Paul vs Paul (Keynesian) Krugman

Title	:	Ron (Austrian) Paul vs Paul (Keynesian) Krugman
Lasting	:	20.50
Date of publication	:
Views	:	150 rb

I didn't like the debate overall, I think some of Ron Paul's arguments were just grasping at straws and Krugman was incapable of presenting his case sufficiently I don't think there is a clear winner
Comment from : Alihan Sencer Berk

bloomberg decided to use ron pauls last name and krugmans' first just so we can have paul vs paul
Comment from : bjbh unih

Ron Paul obviously doesn’t know a thing about modern monetary theory It’s like Krugman is debating a 10 year old who just talks louder and more, so he won the debate Typical strategy to impress undereducated republicans who know nothing about debate
Comment from : caliguy1260

your time is your lifebryou trade your time for dollarsbryour dollars lose anywhere from 2-9 officially per year, unofficially more like 4-18 depending on the yrbrbrconclusion, your life force is being stolen little by little
Comment from : Brandon

your gov steals from you at a rate of ATLEAST 2 per yr and currently thats probably closer to 7-15 since the inflation numbers they report are manipulated figure if you lose 5 per year that means you lose 40 of your purchasing power in 10 years if you save in dollars and that's probably a low ball estimate
Comment from : Brandon

krugman: a megaphone for keynsian economics
Comment from : Brandon

Paul clearly a looney but Paul got a good point
Comment from : LocalFelix

US Govt debt has doubled since this video
Comment from : Carlos Quinto

So interesting 😂😂😂
Comment from : Pooja Ahuja

make debates sound like this again
Comment from : Patrik Banek

Debt at $16trillion SAD you can look back at that and think that wasn’t so bad
Comment from : Jeff Blackard

So here’s my question reference monetarism Could it work today? I would argue no SINCE we’ve migrated largely to digital currency and I’m not referring to crypto currencies
Comment from : Jeff Blackard

Krugman What a worthless piece of shit “The internet will be the fax machine of the 2000’s”
Comment from : Jeff Blackard

It seeming right now like Ron Paul was right Other nations want to replace the USD And that will be the end of American corporate colonialism
Comment from : corbielentertainment

Ron Paul's nuts
Comment from : Adiel Stephenson

The female reporter is terrible
Comment from : Luth Arshad

Ron Paul side 😎💪
Comment from : Luth Arshad

Ron Paul is what you get when you have no substantive knowledge of a subject, just mindless talking points with no real grasp of the underlying concepts
Comment from : William Hinchcliff

Paul Krugman is ridiculous
Comment from : Liak

Ron Paul is an hazbin and will die has an hazbin, we never have a better economie that today thanks to gouvernement spending
Comment from : Jérémy M

Great seeing P Krugman with his usual condescendence and lack of arguments Also, what's wrong with the presenter? Her attitude towards Ron Paul, not professional, not funny
Comment from : Manmorlop

Man i just love Paul
Comment from : MAKS EKART

Welfare isn't socialism, you fucking idiot Even State ownership of the means of production, alone, is not socialism - it is State capitalism
Comment from : Mastr blastr

Based king krugman destroys libcuck ron paul with macroecon 101
Comment from : Daddy_ Marx

Krugman sounds like he is stuck in a box
Comment from : Sayed El Amin

Krugman is ignorant beyond belief That’s way he is allowed to spread his poison!! The fall of America continues
Comment from : Hector Vazquez

Repo is not "private money" you lying pos krugman This is a process done by the federal reserve It would not happen without one It would not happen without a government monopoly on the currency
Comment from : Austin Byrd

Friedman also said, verbatim, bthe fed should be abolished/b He didn't support monetary expansion He only supported preventing a monetary contraction Something many in the austrian school disagree with him over He changed his mind later on in life
Comment from : Austin Byrd

They both suck
Comment from : Patrick Vernon

Krugman first words were br"You can't leave government out of monetary policy" 😂 brbrSir sir brHayek did it before we all were born 😀🤩brbrAlso he is wrong about great Depression brIt has become a universal fact now that great depression happened because of monetary policy
Comment from : yy dd

"Economic liberalism" already misleading
Comment from : John Bertram

this aged so well
Comment from : Hodler Guy

At least we can agree that Paul was right
Comment from : Bologna Beef

LOL Keynesians Venezuela now, Brazil in the 90s, post WW1 Germany Printing money like this only does one thing
Comment from : Powerful_smr

"You want them to print more money "brbrPaul Kruger "of course I do"brbrLet's just pretend this inflation isn't real from pandemic money printing, you weasel, Kruger
Comment from : Macy Navarro

Keynsians are morons and this pandemic stress test proves keynsian economics is bullshit It creates wealth inequality by pumping up asset bubbles and encouraging misallocation of capital chasing returns due to suppressed interest rates and easy money
Comment from : Macy Navarro

I wish these policy makers would put a bit of their ‘growth’ mindset into other things like their penis Sick of the word Growth Growth Growth As if growth justifies everything… ‘America, growing at the expense of the working class since the 1700’s’
Comment from : Evan Williamson

I’m going with Paul (senator) the fed is clearly the biggest mistake of all time
Comment from : larry smith

Ron Paul essentially predicts the rise of crypto currency here and calls for the free market to decide the money to end the Federal Reserves monopoly 100 agree!
Comment from : Send A Raven

2012 16 trillion now 2022 303 trillion Now think of interest going up 7 It can't be done!
Comment from : Karl Wolff

Krugman is a Nobel Laureate in Economics and Ron is not That's all you need to know about the world we live in
Comment from : Danny Archer

Paul Krugman 🤡 🤮
Comment from : Ashford Barstow

This debate is aging pretty well😀Sane voices like Ron Paul's are so scarce, that we are tasting failures of stomping freedom right now
Comment from : Рефлекс Павлова

1) Are Keynesian broadly speaking on the Left whereas Austrians broadly speaking on the right? brbr2) How does an Austrian differ from a Monetarist? brbr3) How does a Keynesian differ from a Monetarist?
Comment from : Kayed Al-Haddad

Ok Ron, could you give me ONE example of a "free market" working in the real world?
Comment from : Sean Vassar

Satoshi Nakamoto was watching and acted
Comment from : padraig s

Money printer go Brrrrrr
Comment from : padraig s

Fiat money has value as a tax credit which is why we use it as a medium of exchange Should listen to Steve Keen talk about this stuffbrBoth these guys seem kind of wrong…
Comment from : PyroShredder617

Ron Paul has an immeasurably better understanding of economics compared to satanist Paul Krugman Presence of FED is financial terrorism
Comment from : safa çom

Bitcoin fixes this
Comment from : Generation Bitcoin

I agree with ron paul
Comment from : skullcot vc

I’ve been reading a lot of Friedman and Sowell lately God I wish our country would become more capitalist
Comment from : Thomas Cook

"People are free to barter in whatever they want" - Krugmanbrbrskip to 2021 - I want to barter my BTC for your ETHbrbr"NOOOO, that's not what we meant" - Krugman (probably)
Comment from : Mel Ellis

Ron Paul ❤️
Comment from : Ariovist Rc

Savage!
Comment from : Jeffrey Andrus

5:19 - 5:25 "I'm in favor of the economic system after world war 2 that produced, the best dick"brHe did misspeak, but maybe it tells us something :)
Comment from : Christian SN

Watch a non-economist completely bend an actual economist over the table
Comment from : Smarmy Daniels

I didn't know friedman said to replace the fed with the computer Bitcoin prediction?
Comment from : Vcalv

Listening to paul krugman trying to explain what money is was excruciating
Comment from : Vcalv

In a nutshell, the Great Depression was caused because the government restricted the money supply
Comment from : Pablo Izurieta

Just by looking at them, one could make out who is the establishment's person
Comment from : Leena Sawdekar

To be fair they should have brought in an actual economist like Walter Block or Walter Williams to debate Krugman I doubt Krugman would have much to say on medicine or politics Dr Paul more than holds his own because the ideas are so profound
Comment from : Adam Smith

“Britain had 130 debt to GDP/ Japan had even more after WW2” ugh yea Their countries were bombed to oblivion and one of them was on the losing side We were the supreme victor of WW2 and with no war on our own soil- in less than 50 years we completely destroyed ourselves internally
Comment from : Semperfi2011

Damn this is actually pretty good I don't think Krugman was expecting this level of debate from an almost 80-yo guy who doesn't even have a formal econ degree he definitely underestimated him
Comment from : kevin a

Krugman is dead wrong Milton believes the great depression in the 30s was primarily the responsibility of the Fed and that inflation in the 70s was primarily the responsibility of the Fed
Comment from : John

Friedman's problem with the Fed is that it will make mistakes Maybe the right response to the Great Depression GIVEN WE HAVE A FED was to do X Fed action, but Friedman would rather there BE NO FED than we have some Fed that has to do some action brbr“we have learned from that failure the federal reserve will not fail in the same way again this time it will fail in a different way”
Comment from : John

Krugman mis-cites Friedman Friedman wanted the fed GONE and replaced with a simple automatic process "Friedman, M (1996) The Counter-Revolution in Monetary Theory In Explorations in Economic Liberalism (pp 3-21) Palgrave Macmillan, London "It is precisely this leeway, this looseness in the relation, this lack of a mechanical one-to-one correspondence between changes in money and in income that is the primary reason why I have long favored for the USA a quasi-automatic monetary policy under which the quantity of money would grow at a steady rate of 4 or 5 per cent per year, month-in, month-out"
Comment from : John

Economic liberalism can mean litteraly anything
Comment from : Guy Who Likes Ecclesiastes

This comment section is so embarrassing If you knew any non-Austrian (ie non-psedoscientific) econ, you would know how insubstantial Ron Paul's arguments were
Comment from : Vaclav Miller

krugman is a fucking clown
Comment from : luis felipe merida

krugman you are a fucking IDIOT
Comment from : luis felipe merida

ron paul is a fucking GOD krugman is just a clown
Comment from : luis felipe merida

Ron Paul, wants to cut debt and claims deficit spending creates booms and bust, and inflation Therefore he thinks the Fed, is to blame In my opinion if we took advice from Ron, we would experience deflation On the other side of the coin, we could see inflation if the feds don’t find the equilibrium by adjusting rates
Comment from : Blue Sky

Paul DESTROYS Paul with FACTS and LOGIC?
Comment from : Max Minkin

And here we are on the eve of the collapse of the dollar--Paul 1, Krugman 0
Comment from : Uncle Putin

The Great Depression was absolutely created by the Fed and prolonged it and facilitated both World Wars Krugman is on the side of criminals, it's that simple
Comment from : Javier Borda

Yet at the next depression , it is the govt that corporates look up to bail them out Lol ! Hypocrisy this republican guy is full of contradictions
Comment from : progyan das

Not even close Krugman got his butt handed to him
Comment from : jdh

What Krugman doesn't seem to count much is that there are huge distortions in place for the markets as a result of hyperactive monetary policies Friedman's thesis on the FED's role in the Great Depression was essentially a critique on government and an argument against government efficiency and interventions I am not sure I would categorize Friedman as a monetarist even though Austrian economists seem to think he was one brKrugman's solutions lead to one major thing (that he doesn't seem to be aware of): a constant growth of government as an economic entity and, thus, its role in the market in general The more you have the monetary AND regulatory monopoly the bigger you'll get brMost capital allocation from governments is horrendous precisely because it's essentially an investment for their own growth and the growth of their role in markets! That's a HUGE distortion that leads to our current state of affairs where, for example, very low or even negative interest rates by central banks create an economic ecosystem where you have (for example in the US) 60+ of the corporate bond market in the speculative-grade level! This means that zombie companies are allowed to walk around when they should have defaulted long ago brThe hocus-pocus tricks of "stimulating" growth it's catching up now with the "magicians" - hence the gold bull market
Comment from : C_R_O_M__________

I really gave Rand Paul a chance in this one and he is the same not understanding the system - probably willfully - and conflating brbrThe thing is, a surgeon studies medicine for years in order to be able to perform surgery when you need surgery, you dont go to your nice neighbor with a lot of good sounding ideas about health you need a surgeon brbrThe same goes for economics People seem to think you can just pontificate on the subject with just common sense Its annoying
Comment from : gelsport01

Krugman is pure comedy gold Does he know he's a clown?
Comment from : Tessian Rusu

Their Economic Schools of Thought had already determined the debate before it even started Austrian of course
Comment from : Fernando Alatorre

I agree with Ron that the demand for our currency is a bubble, but I don't think that it's a bubble that will burst There's a reason that our currency is preferred, and those conditions are still in our favour We have the military might, the freedom thought, the population, and the economic policies that essentially ensure that our economy will grow There's no other country that is better poised to maintain a reserve currency than the US, so our bonds will continue to be favoured, especially as other countries go negative in interest rates Does this mean that it won't ever go bust? Probably not, but no other country is even close to being competitive atm
Comment from : D4PPZ

Who is the woman? 🤘
Comment from : Allan Selman

it s probbly the heat, can't believe that paul and Paul, are together, It would have been perfect with Paul MctCartney
Comment from : Toxinomist

Keynesian > Austrian > Chicago > Keynesian it's the ultimate rock paper scissors
Comment from : Kunal Lobo

Paul Krugman is a total idiot He will bring the US to its knees after he turns the dollar to rubbish paper like Zimbabwe
Comment from : Patrick T

Wtf a keynesian presented as a liberal, america surely is fucked up
Comment from : Rambaldi100

The fuck? At least change your name to Paul Ron for the sake of this debate
Comment from : GCleph Musique

I think it’s quite telling that the entire comment section is orgasming over Ron Paul
Comment from : Derek

Fed a private cabal, is not something critical like air or water Mr K all wet
Comment from : guesswhotoo6

Man I really miss Ron Paul, would love to hear a roundtable of him and Peter Schiff These professors just talk theory, complete morons in my opinion Ron and Peter are realists and have more experience than any of these fools
Comment from : SamboFX

Wow, neither of them can put a basic logical argument across! Right from the start I was picking logical flaws with bothThese are our economic opinion makers? Sad No wonder the world's going to shit
Comment from : x iLeon