How long have I been writing about how the U.S. is going to manage its debt problem (i.e., inflating it away)? Almost five years? The WSJ summarizes a NBER paperthat details how the U.S. could inflate away 20% of its debt in four years.
In fromage news:
Vacherin Mont d'Or: It finally came in! A stinky, cow's milk, fondue-like cheese. Peeling off the spruce top and getting to the warm, runny, slightly sweet deliciousness is a true treat.
Chimay: A cow's milk cheese made by Belgian monks. These monks are apparently famous for their beer brewing abilities and decided many moons ago to combine their love of beer with their love of cheese by making this cheese and washing it in beer. This semi-soft cheese stinks, but is rather mild, with a nutty aftertaste.