The proposed budget was already super-austere, because inflation is high and oil prices low, reducing revenues from Mexico's state-owned oil company.

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No commodity super-cycles in sight is a tonic for low inflation and comfortably cruising price-earnings ratios.

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Hedge fund zillionaire Paul Singer is super-mad at the Federal Reserve and Fed Chairman Ben Bernanke over inflation they have not yet quite unleashed.

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Despite super smart oversight that dealt successfully with excesses in home construction, rising inflation and the allocation of capital for infrastructure, the China Shanghai Composite from its high in 2007 at 6, 000, corrected two thirds of the way to under 2, 000 in 2009.

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