A word used when you blank out and don't know what to say, like when you are a reporter on live television.
Reporter: "well a berry very heaveh aah heavy do it birtation tonight, we had a very dares dares son, but lets go hit, tearish, taze english for the bit… behead da pit."
Biflation is where the processes of inflation and deflation occur simultaneously. There's a rise in the price of commodity/earnings-based assets (inflation) and a simultaneous fall in the price of debt-based assets (deflation).