Inflation or deflation?

I’m giving several talks with this title, based on more serious analysis in Understanding fiscal and monetary policy in the great recession. Slides that go with the paper. Here is a video of a short presentation given to the University Alumni Club in New York, October 2010. Fiscal theory in 20 minutes, with a fun introduction by Cliff Asness. Slides for the New York talk. The talk I gave at the NBER EFG Oct 23 2009.

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