Liberty Conspiracy - 8-22-11 Krugman Loves Aliens pt 2: The Religion of Monetary Stimulus

In part one of this two-part series, we made the world a better place by revealing the fallacies inherent in "economist" Paul Krugman's belief that an alien invasion, like he believes WWII did, could pull the US economy out of a 'down-time'. We explained that wars don't better people's standards of living, and they redirect usable capital, human and other natural resources into areas that aren't helpful to people's lives (please refer to that audio for the specific reasons as to why it is impossible to calculate value under a government paradigm, and therefore impossible to calculate whether ANY gubment spending is valuable -- no one is allowed to show his preference freely to determine whether he valued it or not, because his money is taken by politicians -- even to fight WWII.) In this show, we go further, into the second part of Krugman's argument, wherein he might argue that we don't understand. He is not just advocating a redirection of money from taxpayers to busy work, building things to combat aliens, he is talking about a FISCAL STIMULUS, wherein the Fed or the Treasury creates money that pumps up demand! "Ahh," he might say. "I have you now, Skywalker! No one has to lose out on one thing in favor of what politicians want made, because there will be enough money to buy the other thing in the first place!" See, he wants the gubment or the Federal Reserve (given by Congress the monopoly on printing unconstitutional money) to pump the economy with Dollars, and he believes this will let people be employed with no disastrous consequences. WRONG. We explain, and show how the Federal Reserve is falsely claiming it made profits off of its bailouts. A great show! Be Seeing You!