One of the stranger things in recent weeks has been Matt Yglesias’ preoccupation with mocking people concerned about the inflationary effects of the Fed’s grossly irresponsible, inflationary policies. It’s true that inflationary policies will help debtors, because these policies will ruin the value of the dollar. Perhaps there would be less reason to be concerned … Continue reading Fed Monetizing Debt While Yglesias Fiddles