Inflation Solution?

The Wall Street Journal has a good piece today on how a rise in inflation (it says 5%) would do a great deal get the economy up and running again. The basic idea is that it will destroy debt. The argument is not new - of very provocative - the surprise is the source.

Eurozone Inflation - Choose your number

Inflation in Europe - depends on what number you look at.

Commodity Prices and Core Inflation

Paul Krugman has a good chart showing the relationship between commodity prices and the CPI - basically that commodity prices fluctuate greatly but the CPI has stayed the same - and how calls of hyperinflation seem overblown (at least for the foreseeable future)