[KarlInOhio]

Finally, a third group is worried that if the Fed doesn't print more money, there won't be enough inflation to keep the economy healthy. Evans belongs to the last camp.

I thought the stagflation of the 1970s and the low inflation growth of the 1980s had finally killed the Pillips curve. Inflation is not a sign of a healthy economy. In fact, the natural state of the economy is slightly deflationary to match the increase in productivity. One dollar should be able to buy a little more in ten years than one dollar today because people will be more productive on average. Anything above that is a sign that those controlling the printing press are skimming some unearned income from the economy.

[ProtectOurFreedom]

It's the old 1930s theory that, if people and businesses anticipate coming inflation, they'll go out now and spend like mad, boosting GDP. It has never worked.

[tbpiper]

if the Fed doesn't print more money, there won't be enough inflation to keep the economy healthy

I'll meditate on that next time I buy (fewer)groceries.