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There are several measures that the Fed (or any central bank) can take to reduce the risk of falling into deflation. The U.S. Government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost

Books… are like lobster shells, we surround ourselves with ’em, then we grow out of ’em and leave ’em behind, as evidence of our earlier stages of development.