The Return of Inflationism?

The Fed has become desperate, not because the American economy is currently falling apart, but because the economy has stubbornly failed to respond well to the policies of the “best and the brightest.” And now, as if to welcome the impending chairmanship of Janet Yellen, stories are surfacing in various places about the growing consensus [...] View the full post at: The Return of Inflationism? Related posts: Will Output Return to the Pre-Crisis Level? Rate Rise Suggests Return of Economic Equilibrium Memo to Liberal Pundits