Will low Fed Interest Rates Cause Inflation?

On Tues. I appeared on The Kudlow Report to discuss the prospect of long term inflation. I made the remark that monetary policy is not that easy, and the Fed's main concern should be preventing deflation. I also noted that a weak dollar in the short term could help with economic recovery.

On the May 20 Kudlow Report, I also discussed whether the SEC failed to reform mark to market.