“This is what Krugman wrote in May sandwiched in between my April and June warnings: ‘Matt Yglesias, who just spent time in Argentina, writes about the lessons of that country’s recovery following its exit from the one-peso-one-dollar ‘convertibility law’. As he says, it’s a remarkable success story, one that arguably holds lessons for the euro zone.’  Some success story: out of control inflation. It will happen in the United States next, if the Federal Reserve continues to follow the mad dog printing advice of Krugman.”

http://www.economicpolicyjournal.com/2013/02/paul-krugmans-great-forecasting-failure.html

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