One thing is Certain (Almost)

One thing is certain, and that is that Starbucks cutting jobs makes it much less likely that Ben Bernanke will be raising rates. In my opinion, it's more likely that his next move is to cut further. Which in this twisted situation is more likely to cause more price inflation.

As far as definitions go, I have to go with Mish. But it's hard to argue with Russ when he calls our near 100% yoy rise in oil hyperinflation.