Inflation Is Miserable. Unemployment Is Worse. – NYTimes.com

The Bank of England in Threadneedle Street, Lo...

The Bank of England in Threadneedle Street, London. Deutsch: Sitz der Bank von England in der Londoner Threadneedle Street. (Photo credit: Wikipedia)

World map showing inflation, updated for 2009....

World map showing inflation, updated for 2009. Grey means no data. (Photo credit: Wikipedia)

This is an interesting article in the NYT and well worth a read. Check it out!

via Inflation Is Miserable. Unemployment Is Worse. – NYTimes.com.

Personally, I agree that central banks should be measured on wider measures of success and believe that too much focus has often been placed on inflation. Indeed, I believe that a good dose of inflation would get stagnant economies moving.

What do you think? Do you agree or disagree? All views welcome.

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4 responses

  1. Pingback: How Austerity Kills – NYTimes.com « Dr Alf's Blog

  2. Pingback: Not Enough Inflation – NYTimes.com – Paul Krugman « Dr Alf's Blog

  3. Pingback: The Story of Our Time – NYTimes.com – Paul Krugman « Dr Alf's Blog

  4. Pingback: Many Colleges and Universities Face Financial Problems – NYTimes.com « Dr Alf's Blog

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