For someone who hangs out with libertarians a lot, announcing that you're okay with a small amount of inflation to relieve the sticky price problem, and that you think the Fed mostly does a good job, is akin to announcing that you've decided to take up human sacrifice to fill those lonely weekend hours. Nonetheless, I stand by the sentiment: inflation is not the big worry that our economy faces.
Comments Update - We'd hoped to open the beta testing phase of our new comments system to the larger community this evening. We just about got there. But there was one mor...
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