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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (178105)	12/28/2011 9:30:53 AM
From: Steve Lokness	Read Replies (1) \| Respond to of 542970

<<<Been reading Krugman again. He has an interesting theory that a certain amount of inflation is necessary to keep economic systems stable and "liquid".>>>> Only if you want things to cost more. We are in the crapper unless they can get inflation ticking up again so that our debt load becomes less in real terms. Krugman always looks at things in the macro setting; so if inflation is necessary to keep the system "stable and liquid" - it may still be very hurtful to the individual.