http://twitchy.com/gregp-3534/2021/12/12/bloomberg-business-challenges-paul-krugman-for-the-hottest-take-on-inflation-this-weekend/
NY Times columnist Paul Krugman argued this weekend that inflation does not really hurt poor people:
Paul Krugman ~ "Inflation especially hurts the poor" has truthiness — it sounds like it should be true. But I don't see either evidence or a mechanism.
Krugman is still searching ...
Um, WHAT?
Matt Vespa ~ What!?
Maybe take a trip away from New York City’s East Side, eh?
Breaking News Jack ~ Holy fugging shit. Gas and groceries. I am really blown away by this.
Don't be too shocked, Jack ... Krugman is one of the biggest morons to have ever lived on this planet.
Yep:
Arthur Boreman Once Held His Breath for 30 Seconds ~ Imagine being a Nobel Prize-winning economist and having to pretend like you honestly believe poor people have as much disposable income as rich people because the people who fund your paychecks will not brook any criticism of Joe Biden.
But not to be outdone, here’s Bloomberg @Business telling people just “spend your paycheck right away” to beat inflation:
Bloomberg Business ~ Some of the advice on how to cope with rising inflation includes: Spend your paycheck right away
http://www.bloomberg.com/news/articles/2021-12-11/the-inflation-pros-from-argentina-offer-tips-for-rattled-americans
Literally. They’re literally sharing tips from Argentina. That’s where we are right now:
Tony Fratto ~ Inflation tips from Argentina.
We have now officially reached the shark jumping moment of inflation news reporting ...
What a clown show:
Wu-Tang Financial ~ Comparing Argentinian inflation to ours is almost as laughable as this spending “tip.”
This is where that advice takes you in the U.S.:
Carol Roth ~ “You will own nothing and you will be happy.”
Yeah ... "happy" ... like libtards ...
Cory Morgan ~ Brilliant!
Toss away your money before it can devalue further!
Where would we be without MSM advice?
We’re so screwed:
David Hobby ~
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence