The Economic Benefits Of Inflation

In Praise Of Inflation

And so a surprising number of high-profile economists, on both the left and the right, think that it's time for the Fed to try one more extraordinary measure: injecting the economy with a healthy dose of inflation.

Odd as that may sound, it's actually not a crackpot concept. Right now, the U.S. economy has two fundamental, and interconnected, problems.

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