Status Updates From Inflation

'The increase in interest rates will slow aggregate demand, affecting consumption, investment, export, and import spending. The slowdown in aggregate demand ... will result in a lower inflation rate.
    Sounds straightforward, yes? Alas, no. There are many caveats to this seemingly straightforward argument. After all, it is economics!'

'How is money created? If you just said to yourself, "Oh, I know this one! They print it!," then I'm sorry to burst your bubble, but no. The printing press is a great visual, but it is not the focal point of money creation. New currency is printed primarily to replace old dirty bills, not to increase the total amount of money in the economy.'