Don't confuse Keynes with what passes for "Keynesian". As Forbes columnist Bruce Bartlett put it "Keynes was really a conservative" (you can google the article).
Dru is right. Inflation is when output exceeds supply. Our huge output gap is exactly the opposite, with so much idle capacity and so many people left unemployed. Its like our economy's a farm with $2 Trillion worth of crops left alone to rot in the fields. Its worse than a tragedy, its a sin.
@bushgg12
Don't confuse Keynes with what passes for "Keynesian". As Forbes columnist Bruce Bartlett put it "Keynes was really a conservative" (you can google the article).