Ruchir Agarwal and I are pleased to announce our new three-part series on “The Future of Inflation.” Here are permanent links to the three parts:

1. Will Inflation Remain High?

2. How Costly is Inflation?

3. The Electronic Money Standard and the Possibility of a Zero Inflation Target

As a teaser, below and at this link is a table detailing some of the costs and benefits of inflation we address in Part II: