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The power to regulate the value of money does not involve a power to dilute the value of money by inflation, an absurd and self-serving rendering.

Cutting budget deficits can never be just an exercise in economics.

The government will always tell you that it wants low inflation. The real issue is the horizon over which to bring inflation down.

Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.

Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.

Inflation is taxation without legislation.

Inflation is lower and more stable and the real business cycle fluctuations are more modest.

To be sure, faster growth in nominal labor compensation does not necessarily portend higher inflation.

Production is the only answer to inflation.

You can't have a regime which continuously subsidizes things; as inflation rises, you keep prices of certain things unchanged.