STEVE CHAPMAN: “One of the great achievements of our time has been the conquest of inflation. In the 1970s, it ravaged our savings, raised our taxes, and kept the economy on a roller coaster. So it is a measure of our current economic crisis that the return of inflation might be the best thing that could happen.” I’m inclined to disagree, but I hope he’s right — because I think it’s very likely that we’ll see high inflation down the line.