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Web Only: the best of the blogs

The five must-read blogs from today, including Mitt Romney's lies and David Cameron's child benefit

1. Why 2012 could be the year we start to worry about deflation

Inflation will much faster than many observers expect, argues Duncan Weldon at Liberal Conspiracy.

2. David Cameron: the master of cynical propaganda

Cameron could blow Machiavelli out of the water, says Owen Jones at Comment is Free. If he penned a book revealing his tactics, here's what it might include.

3. David Cameron's looming child benefit disaster

This was a stinker of a policy, designed in Notting Hill by privileged Tory modernisers, says Iain Martin.

4. Untruths, Wholly Untrue, And Nothing But Untruths

Mitt Romney's campaign is so dishonest that it makes Bush look like a model of truth-telling, says Paul Krugman.

5 Gove defends wife for comparing Louise Mensch to glamour model

Political Scrapbook notes that the Education Secretary has said he supports the right of women "to have their own views" after his wife caused controversy.