Paul Krugman To Ron Paul (debate): 'You're Living In A World That Was 150 Years Ago' (VIDEO)

[Lawlbringer]

1. Gonzo Ronzo came across as childish

Krugman: "You're living in a world that's 150 years old."
Paul: "WELL YOU'RE LIVING IN A WORLD THAT'S 1000 YEARS OLD!"


Then his points about the Roman Empire were essentially lifted from a high school economics textbook. Come on, dude.

It's ILLEGAL to use other forms of tender? You can go to jail? Ron, you're so stupid. Obviously, you can use other forms of barter, but nobody's under any obligation to take them. Or someone might value something more than another. So if I answer an ad for a car for sale with a gold nugget and two goats, the person wouldn't want to sell me that car. Whereas, if I show up with a comic book which they lost in a fire as a kid, they'd sell me the car with a full tank of gas. Without the government setting a baseline currency, there's no way you could use alternate currencies and have any sort of stable economy! To me, a slinky is worth 3 dollars, but my wife sees it as worth 5 dollars. What happens if you eliminate the dollars? How can you set a value for anything?

Anyway, that's off on a rant. But then at the end when he just started insulting Krugman, "Well, I want liberty, freedom, and don't want war."

Zzzzzzzzz.


He might as well have stomped his feet and insulted Krugman's mother.