More Inflation, Please


Would a Fed commitment to higher inflation merely spark capital flight to other, more investor-friendly countries? Yes! But Karl Smith explains why that’s exactly the point, and does it with emoticons. Worth a quick read.

Fact:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn’t fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation so we can keep on doing the type of journalism that 2018 demands.

Donate Now