The Case for Inflation

[Christopher Hayes]

In my capacity as a fellow at the New America Foundation, I've written my first ever policy paper. It's quite a bit more technical than the things I usually write, but thought I'd pass along anyway. The paper makes the case for embracing a moderate, sustained period of inflation as the best means for dealing with the monumental debt overhang we now face.

http://www.newamerica.net/publications/policy/overcoming_americas_debt_overhang_case_inflation

Best,
-c