doubleepisode We consider the possibility of inflation, deflation and stagflation as the most likely scenario the world economy might find itself in as the crisis wears on and into the recovery phase. Recap some key causes and consequences and try for yourself to justify the most likely scenario (exercise those evaluative muscles!) The link to this week's article can be found at https://www.straitstimes.com/opinion/what-lies-ahead-deflation-inflation-or-stagflation-0