Yo! Mish to the rescue!
"It would help to have an idea of what a credit crunch was and for that matter what inflation is.
Let's start with the latter. Those who do not know what inflation is are advised to read INflation: What the heck is it? The short version is inflation is a net expansion of money supply and credit while deflation is the opposite."
Halfcat : We still trekkin boss?
Picard : Sure as sugar little dude!
to be continued.....