see, i sort of agree with him. i mean, it's a fix. yeah. what i *really* want is to abolish all currency systems and construct a system based on need rather than want. yet, that's not going to happen any time soon.
in a real sense, the options before us are bubbles or austerity. as somebody that has no assets, bubbles are a better choice. if they can be kept going, grand. but do i really care if people lose their assets as a result of gambling them? no.
so, yeah. bubbles + regulation is better than austerity + deregulation. and i think that might be what paul is thinking.
besides trolling. paul's a good troll.
http://www.counterpunch.org/2013/11/22/blowing-bubbles-with-paul-krugman/