Deflation Definition | Definition | What is Deflation?

Deflation Definition

Deflation Definition - Glossary Definition


A phase of the business cycle during which consumer spending is seriously curtailed, bank loans shrink, and the amount of money in circulation is reduced. It is the opposite of inflation.


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Tags: Deflation Definition, Deflation, Deflation money, economics deflation, what is deflation?, Monetary deflation

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