Love how you post comments from people like Krugman. That gives you little credibility as you sound like a "book smart, street stupid" individual who is out of touch with reality. The one thing that liberals never understand is human behavior and the affects behavior has on the economy.
Inflation is driven by basic supply and demand. If supply doesn't increase with the money supply inflation occurs. You can spin it any way you want but that is the reality.
Your so called superior understanding is nothing more than quoting economists that you agree with or want to believe. Quoting economists may make you feel good and make you think you are smart but that doesn't make you an expert on the subject like you prefer to believe. I can quote you comments from other economists that refute yours but what good would it do.
I prefer instead to quote actual facts from bea.gov, bls.gov, and the U.S. Treasury. Further I will put my economic record up against yours any day. When the American people keep more of what they earn they need less of so called govt. help. I prefer that any day. Tax cuts will never deepen a recession no matter what your economist friends say. Get out in the real world for a change.