Krugman, continuous statistical fraud

Paul says that Europe is struggling with disinflation because the European central bank raised rates in 2010. Here are his words:

And it [BIS] praised the ECB for what we now know was a terrible decision to raise rates.

So, that was three years ago, and Europe in particular is struggling with dangerously low inflation. Has the BIS changed its prescriptions? No, it’s just changed the reason for demanding the same thing.

As we can see, in near perfect alignment, the ECB raised rates in 2010, and inflation rose right along. Then the ECB lowered rates and inflation dropped right along.

Why do Keynesians commit this fraus again and again? Because they do not understand the pricing mechanism and they got it backwards from reading that idiot John Keynes and his comic book.  Now they are stuck with the idiocy and have no clue so they just continually commit the fraud.

What really happened?

Rates and prices rose together and the European government could not pay their bills because they are bankrupt. Paul and the Keynesians are simply stuck in a stupidity and too embarrased to correct the problem.

But, does a change of words make Paul truthful? Sure, as I oointed out, the southern teir of countries is bankrupt.  The question is, why should college kids ever want to take an economics class at Princeton, where Paul teaches; or Berkeley, where the Romor teaches; or at Harvard, where Larry Summers teaches.   You can learn the same problem, government are stupid and go bankrupts, at many other colleges and still keep up and down aligned with the rest of the world.