Mr. Saville has been on this case for years and he is really exceptional at expressing the dynamics of inflation, of what inflation actually is and is not.
Inflating Away the Debt? Not Really
When Bernanke sits in front of that panel singing for his supper, one would do well to disregard most if not all of what he says. Or better yet, use it to advantage. Most people will not, however. Those people comprise the massive counter-party to successful investors.
