09 Jan 2009

Coining a New Term for the Coming Economic Disaster

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OK kids, I think we are in store for a very severe recession (i.e. depression) and very big price increases. It will be stagflation but worse. So we need a catchy term. The two contenders I’ve come up with are infression and depflation, but the first is hard to pronounce and the latter is very easily confused with deflation. Any thoughts? Should I just punt and go with hyper-stagflation?

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