OK, how about (with a mandatory picture of snow in Derbyshire): Prices, which had been rising at a slowing pace, are surging again, thanks to a higher cap on energy bills just in time for the winter’s first Arctic blast.
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Should all be quoted as time derivates of P prirces
dp/dt>0 inflation
d2p/dt2>0 increasing inflation or acceleraring prices
d3p/dt2>0 accelerating inflation
I think epidemiology can claim that already tbh - people got that R0 (cf inflation) measured increase / decrease in prevalence (cf prices) and could itself change, with the change being quick or slow.
Economy had already done that with inflation I guess. Epidemiology failed miserably at teaching differential equations and generally made everyone confused
Isn't the point that it's quite common for people to think that "inflation down" means "things will get cheaper" not "they'll get more expensive more slowly"? The R number was relatively well understood it seemed (modulo poor pandemic discourse in general).
Followed by ‘The pound rose briefly, as higher inflation will slow the pace of interest rate cuts, but was a half-hearted reaction, which won’t last any longer than a Brazilian suntan.
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dp/dt>0 inflation
d2p/dt2>0 increasing inflation or acceleraring prices
d3p/dt2>0 accelerating inflation
2. This is prices snapping.