There are a number of ‘flations out there. Inflation, deflation and from the poorly understood 1970s, stagflation. And the intention of this article is to review historically that there are two kinds of “inflations”, one is bad and the other is good. And only one kind of deflation, which is bad.
While the big tout is that “Inflation is back!”, sure there will be ‘flation, but the subject needs some ‘splaining – particularly about “Deflation”.The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.
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