Sogflation
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Sogflation is a term that Legal & General dubbed to counterbalance the existing term of Goldilocks.
Like a similar term stagflation, "sogflation" (adv. sogflationary) is a portmanteau word, and means "growth soggy, inflation strong".[1] [2]
[edit] Notes
- ^ The Daily Telegraph, 15 May 2006.
- ^ The Daily Telegraph, 27 Sept 2007.