The phenomenon of academic credentials, particularly university degrees, dwindling in value and recognition on the job market due to easy availability and oversupply.

(economics) Inflation excluding the increase or decrease of prices in some sectors (usually food and energy). / (economics, in the Eurozone) Inflation excluding energy, food, alcohol and tobacco prices.

(biology) An increase in the number of species that is not caused by new discoveries, but by changes in the classification of existing organisms.

(economics) The situation where rising wages lead to an increase in the cost of goods.

(economics) Inflation caused by substantial increases in the cost of goods or services where no suitable alternative is available.

(economics) Inflation arising when aggregate demand in an economy outpaces aggregate supply. It involves inflation rising as real gross domestic product rises and unemployment falls, as the economy moves along the Phillips curve.

Synonym of bouncing castle

plural of inflatable castle

(economics) A policy or belief that encourages inflation.

plural of inflationist