Why to Not Fear Inflation

That massive increase in the money supply? By some measures, it never happened. By others ... it's already been taken back out again.

Also with a hat tip to MR: economic definitions:

Economics: actually explains everything
Economy, the: completely incomprehensible

Debt: i) public -- is inexcusable;
private -- drives the economy.
ii) public -- drives the economy;
private -- is a failure of social safety nets.