"...capitalism is a process of “creative destruction” " zt

As capitalism is a process of “creative destruction”, there is always growth and decay. In modern states, IT and mining capabilities are growing while some industries are phasing out. Sometimes whole districts like Silicon Valley or parts of Australia are in a long boom (which creates inflationary pressures), whilst other districts are part of a rust belt with deflationary tendencies.

http://www.interest.co.nz/opinion/rising-prices-and-falling-asset-values-gives-us-biflation