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Economics

Republican Inflation Paranoia Is Political Suicide

Dec. 9 (Bloomberg) -- In the years since the financial crisis, Republican politicians have increasingly embraced a “hard money” critique of the Federal Reserve.

They’ve warned that its policies are too loose and dangerously inflationary, even as inflation has stayed well below historical levels. Now some conservatives are arguing that criticizing loose money should be a more prominent part of their case to voters. It’s a winning issue, they say, and Republicans should make the most of it.