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Biflation is a phenomenon where both inflation and deflation occur at the same time. This term was coined by Dr. Osborne Brown, a Senior Financial Analyst for the Phoenix Investment group.

During biflation, the prices of commodities and earnings-based assets (equities) rise while the prices of debt-based assets (bonds) fall.

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"Be not afraid of growing slowly, be afraid of only of standing still."
Chinese Proverb
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