U.S. Needs 8% to 9% Inflation for a Period

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Aug. 23 (Bloomberg) -- Roger Myerson, a Nobel laureate and a professor at the University of Chicago, discusses the outlook for the U.S. economy, the euro-region's sovereign debt crisis and the challenges facing Libya. He speaks with David Tweed in Lindau, Germany, on Bloomberg Television's "The Pulse." (Source: Bloomberg)