Deflation

Summary of Deflation

A decline in the general level of prices, attributable to excessive savings or other factors that have reduced consumption relative to the supply of goods available. Very often, deflation is reflected during the decline phase of the business cycle. There has been no deflation in the United States since the Great Depression, although declines have occurred in the prices of selected commodities.

(Main Author: William J. Miller)

Concept of Deflation

An introductory definition of Deflation is provided here: money is gaining value relative to goods and services produced in an economy

Resources

See Also

• Foregin Policy
• Foreign Affairs

Resources

See Also

• Public Finance
• Public Policy
• Tax Law
• Financial Regulation

Hierarchical Display of Deflation

Economics > Economic policy > Economic policy
Finance > Monetary economics > Monetary policy
Economics > Economic conditions > Economic cycle > Inflation

Deflation

Concept of Deflation

See the dictionary definition of Deflation.

Characteristics of Deflation

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Resources

Translation of Deflation

• Spanish: Deflación
• French: Déflation
• German: Deflation
• Italian: Deflazione
• Portuguese: Deflação
• Polish: Deflacja

Thesaurus of Deflation

Economics > Economic policy > Economic policy > Deflation
Finance > Monetary economics > Monetary policy > Deflation
Economics > Economic conditions > Economic cycle > Inflation > Deflation

See also

• Monetary policy
• Currency adjustment
• Central bank
• Liquidity control
• Issuing of currency
• Inflation

• Deflationary policy