"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
‘Joyflation’ Poised to Lift British Economy from Misery
They believe low oil prices will “give Bank of England Governor Mark Carney room to leave interest rates at record lows,” which means the inflation spigot will remain wide open.
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As long as the term "policy makers" exists in the vocabulary of the hoi polloi, I submit there will be no "joy" in "flation" -- only "mo-flation".
Unravel that while, as Paul Hein might suggest, you dwell in your cave.
Sam