Inflation: An Inflated Word
One can see in seed prices the twin evils behind inflation which cheapens our lives. The traditional definition of inflation is "more money chasing the same goods or serves." Or, it could be a relative comparison of "the same money chasing fewer goods and services."
Economics would be a better science if they did not use the same word for different dynamics, e.g., money inflation or shortage inflation. A simple nomenclature improvement:
Consider the following examples of this new nomenclature:
Monflation: $1.79 from $1.28 for 2.5g, that is,