Current Events — HabitableZone

Current Events » in reply to Who Says we're in a RECESSION?

usually a good indication of a recession is that prices go down.

Usually... Not always.

If prices go up during a recession, that is called stagflation.

It can happen, but is rare.

The biggest cause of stagflation is government over-regulation of an economy and sudden impediments to free trade.

Could happen...

With baked goods prices going up while you are already feeling pinched in the pocketbook, I would say thank your government's Ethanol and Farm Subsidy programs combined with sugar import tarrifs.

Just my economic opinion of course.

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