However, I have to say, I am seeing a lot of similarities between your arguments and the arguments of the French politicians written about in A. D. White’s “Fiat Money Inflation in France” (http://mises.org/books/inflationinfranc e.pdf). Obviously the situation is different, but the justification for the recommended policies is shockingly similar. I would think that that similarity was enough for one to consider the long term consequences of policies that provide “an immediate boost to output and employment.”