Paul Krugman Attacks Ron Paul and the Gold Standard

Former Enron adviser Paul Krugman attacks Ron Paul and the gold standard:

whatever the likes of Ron Paul may believe, money creation isn’t inflationary in a depressed economy. Furthermore, Europe actually needs modestly higher overall inflation: too low an overall inflation rate would condemn southern Europe to years of grinding deflation, virtually guaranteeing both continued high unemployment and a string of defaults.

You might say what is Keynesian economist Paul Krugman saying? According to economists Paul Krugman respects at the NBER we are in a recovery! This is the problem for Keynesian economists like Krugman: they claim we are in a recovery and a depression at the same time.