Janet Yellen: "A Wise and Humane Policy Is Occasionally to Let Inflation Rise" http://t.co/58wqxrbeErBTW: An EPJ reader emails to report that Malmgren is scheduled to have a book published this December. It should be a fascinating read as she is one of the few insiders that tends to provide a glimpse as to how the game is really played.
— Robert Wenzel (@WenzelEconomics) August 8, 2013
Don't know about humane but its certainly wise for DC to let inflation rise as it quietly its paws on a nice sum that it can spend on its cronies.
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