Krugman, the master of inflating the money supply thinking that it'll solve the world's problems! (Don't read about the hole that NIRP has opened up in the BOJ's balance sheet - http://www.zerohedge.com/news/2016-09-01/¥9-trillion-hole-emerges-inside-bojs-balance-sheet-it’s-pretty-dangerous-situation) Won't he have egg on his face when the system he advised blows up? Yet, in a way, what "they" need to keep fiat afloat is a higher velocity of money running through the system and weather disasters do accomplish an aspect of that!
Krugman, the master of inflating the money supply thinking that it'll solve the world's problems! (Don't read about the hole that NIRP has opened up in the BOJ's balance sheet - http://www.zerohedge.com/news/2016-09-01/¥9-trillion-hole-emerges-inside-bojs-balance-sheet-it’s-pretty-dangerous-situation) Won't he have egg on his face when the system he advised blows up? Yet, in a way, what "they" need to keep fiat afloat is a higher velocity of money running through the system and weather disasters do accomplish an aspect of that!