The “Have No Fear” Inflation Update

This post originally appeared on The Finance Buff.

This is a quick update on recent arguments by economists that high inflation is not to be feared at this time.

I’m sure one can find economists who have written that high inflation is inevitable. I tend not to run into those arguments as often as those referenced above. Feel free to post links in comments to this post to contrary opinions by economists.

Later: Here’s a Slate article by Danile Gross that includes descriptions of positions by economists that are contrary to Krugman’s position referenced above.

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