That prospect, though, is only one among many overlapping concerns with respect to the systemic risks unleashed by a disinflationary unwinding of positions.
Interestingly, food retailers are also dependent to a larger degree than you might imagine on population growth in an otherwise mature and disinflationary environment.
Interest rates easily can and do rise for short periods, but remaining elevated in a disinflationary environment is contrary to the historical experience.
The move, which caught many by surprise, was designed to fight disinflationary pressures brought on by low commodity prices, weak wages, discounting and technology-driven competition.
