Inflation remains the center-stage villain in the economy right now, with the latest Consumer Price Index coming in at a 41 year high of 8.6%. But is there a bigger bad lurking behind the scenes? Could deflation be the real threat here, just waiting to pounce after today’s hot inflation has burned itself out? To explore this, I’m thrilled to welcome Stephany Pomboy back to the program. She’s been concerned about the deflation spectre for a good while.