Dollars and Dense

By the way, I happened upon this rare archival footage of Doc Krugman delivering his Nobel lecture:



Anyway, a few days back, the inimitable Owin' Pain caught the Scarecrow of the Fed yipping about something or other. Fortunately, OP was able to translate the Bernakular for us. Now, the Krugman agrees with Maestro Paine: we need a weaker dollar! And he knows just who to blame.

The Red Chinese! The fault, dear Brutus, lies not with ourselves, but with the stars!

This kind of transparent buck-passing, you'll pardon the expression, is the general strategy of Prog mouthpieces who ever sing the righteous tunes while never . . . delivering. America's strong-dollar policy is just as much to blame. Kruggo thinks the damn Chinamen are swiping subsistence cents from the rest of the world's poor, but from the average Chinese's perspective, things can't be all that bad. Sure, the environment's a mess, but they're beating 8% a year in economic grown. Eight percent! Meanwhile the Obama gang dithers on whether or not to cut bonuses at our several recently acquired State Banks.

Hey, let the Eurozone absorb the higher unemployment of holding an overvalued reserve currency. Fuckers have welfare and shit. A fiddy-cent dollar would do nicely for the farms and factories. Meanwhile, though I do love me some French cheeses, I could get by on Amish, and since I buy my lamb local, it's no skin off my faggot ass if imports go through the roof. Buy local, bitches, and burn the New York Times for heat.