Mises Daily
Author:
Sean Corrigan
Online Publish Date:
Just when you thought that threat of DISINflation (a Good Thing, the Fed tells us) turning into DEFlation (A V-E-R-Y Bad Thing) had vanished and that instead we were on the verge of INflation (A Not Quite So Bad Thing), up pops another frightful creature from the Fearsome ‘Flation Family—STAGflation! For example, Bloomberg News recently ran a