Bernanke weighs in on the forecast:

“Even under the benign scenario, we should have a slowing economy,” Bernanke told The New York Times on Monday. “And inflation’s still too high but coming down. So there should be a period in the next year or two where growth is low, unemployment is at least up a little bit and inflation is still high…So you could call that stagflation.”

And he opposes student debt relief:

“Many of the people who have large amounts of student debt are professionals who are going to go on and make lots of money in their lifetime. So why would we be favoring them over somebody who didn’t go to college, for example?”

There is no way to offer student debt relief without increasing inflation. These are all issues arising from money supply, so you cannot fix one without affecting others. All point to the same trend.