MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
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Misflation
By Donal on Thu, 01/27/2011 - 10:56am |It seems like the theme is the the world has not quite enough resources to run society as currently configured, but overcapacity in the ability to turn resources into finished goods (relative to subdued final demand, anyway). Hence we have inflation in commodities, but deflation in finished goods.
We need a new word to describe this state of affairs. My proposal is "misflation".
URL:
http://earlywarn.blogspot.com/2011/01/misflation.html
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