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.
The Courage to Act in 2008 - Ben Bernanke’s memoir is now out and is unapologetically pro-Fed. It is titled *The Courage to Act*. Here is the cover quote: [image: bernanke, courage t...
45 minutes ago