Paul Krugman VS Ron Paul

So Paul Krugman lashes out at Ron Paul, Ron Paul lashes back, and now Krugman lashes again. It's lash, lash, and re-lash. But what is it all about, and who is right and who is wrong? These two don't have a history, do they?

Over at Economic Policy Journal commenter Brutus lays it out:

Dec-27-2000: "Cut interest rates a couple of percentage points, provide plenty of liquidity, and call me in the morning." - Paul Krugman 

Feb-14-2001: "The excess credit may well go into stock market and real estate speculation…" - Ron Paul 

May-05-2001: "Millions of Americans have decided that low interest rates offer a good opportunity to refinance their homes or buy new ones." - Paul Krugman 

Sep-06-2001: "The newly inflated money… now finds its way into the rapidly expanding real estate bubble. This, too, will burst as all bubbles do." - Ron Paul 

Oct-07-2001: "Low interest rates, which promote spending on housing and other durable goods, are the main answer." - Paul Krugman 

Aug-08-2001: "Printing money is not an answer." - Ron Paul 

Dec-28-2001: "The Fed's dramatic interest rate cuts helped keep housing strong." - Paul Krugman 

Jul-15-2002: "Like all artificially-created bubbles, the boom in housing prices cannot last forever." - Ron Paul 

Aug-02-2002: "To fight this recession, Alan Greenspan needs to create a housing bubble to replace the NASDAQ bubble." - Paul Krugman, 

Sept-05-2003: "Lowering interest rates… will produce the desired effects and stimulate another boom-bust cycle." - Ron Paul 

May-27-2005: "Now the question is what can replace the housing bubble… But the Fed does seem to be running out of bubbles." - Paul Krugman 

Apr-25-2006: "Once inflation is recognized as a tax, it becomes clear that the tax is regressive: penalizing the poor and middle class more than the rich and politically privileged." - Ron Paul 

Aug-17-2007: "This looks to me like a clear case for government intervention. There's a serious market failure." Paul Krugman 

Sept-20-2007: "I urge my colleagues to strike at the root of the problem and address the Federal Reserve's inflationary monetary policy." - Ron Paul

If only these two could meet and hash out their differences. Oh yeah, they DID, however briefly: