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The Flawed Logic Of Inflation

Authored by Michael Lebowitz (or 720Global.com) via RealInvestmentAdvice.com, “To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target” – Janet Yellen Chairwoman Federal Reserve “And, beyond that, would a rise in inflation to 3 percent or even 4 percent be a terrible thing? On the contrary, it would almost surely help the economy” – Paul Krugman Nobel Prize winning economist, Professor and Journalist New York Times “Events since 2010 have led me to conclude those objections no longer apply.
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The Flawed Logic of Inflation

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“To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target” – Janet Yellen Chairwoman Federal Reserve The post The Flawed Logic of Inflation was originally published at The Wal...

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