A comment to Paul Marshall's Opinion on the FT about Central Banks seeing beyond inflation

In response to this article http://t.co/vZKJRdXm on the FT my take:

There are two routes not mutually exclusive but complimentary at redistributing wealth from creditors to debtors: 1- The pursuit of increased inflationary expectations & 2- Debt forgiveness. It is inevitable that both will ultimately be chosen to improve the faltering household balance sheets and regenerate consumer demand. Central banks, like in Japan's case, should embrace higher inflationary expectations but more importantly structure a mechanism that will work equitably towards the path to debt forgiveness.

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