Ryan Barnes

CIT's Debt Issues Show Why the Economy Won't Be Picking Up Any Time Soon

Is anyone else curious as to the incessant use of the term "credit inflation"? It's really not a legitimate phrasing, as it confuses what I imagine to be the author's intent with inflation's proper etymology, which to describe a rise in price level.

So unless the author is making a broad statement about interest rates, how about we just use what the other 99.9% of folks use. Credit expansion, credit growth, there's plenty of other options folks.