This lecture describes the connection between macroeconomics, inflation, disinflation, the exchange rate, and of course the role of the central bank in all of this. Here are the slides I'll use in tomorrow's lecture. Here is a recording of the lecture.
Readings
Blanchard and Fisher, Chapter 8.
Central Bank: Forecasting Inflation
The debt snowball problem.

Could you put the podcast up Stephen, thanks
John, All apologies to you and the class for the delay, the recording is here: http://www.vimeo.com/9638657