A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages
(geology) the erosion of soil as a consequence of sand and dust and loose rocks being removed by the wind; "a constant deflation of the desert landscape"
A debasement of the monetary system An decrease in the volume of currency such that there is less currency bidding for goods and services within a free market, tending to force market prices lower Excessive Supply for available Demand
a decrease in the overall price level, or a negative inflation rate (chapter 14)
The removal of loose fine grained material from a surface by wind action One way of forming hollows that are not karst (qv)
An economic period characterized by falling prices, high unemployment and a generally sluggish or slow economy (G)
Deflation is the opposite to inflation and means that the money you have today will be worth more tomorrow Unfortunately, it isn't as good as it sounds, because it makes people reluctant to spend, which is harmful for the economy It is also very uncommon
Deflation is a reduction in economic activity that leads to lower levels of industrial output, employment, investment, trade, profits, and prices. inflation. a reduction in the amount of money in a country's economy, so that prices fall or stop rising inflation. Contraction in the volume of available money or credit that results in a general decline in prices. A less extreme condition is known as disinflation. Attempts are sometimes made to bring on deflation (through raising interest rates and tightening the money supply) in order to combat inflation and slow the economy. Deflation is characteristic of depressions and recessions
the act of letting the air out of something a contraction of economic activity resulting in a decline of prices (geology) the erosion of soil as a consequence of sand and dust and loose rocks being removed by the wind; "a constant deflation of the desert landscape
The opposite of inflation A period where the purchasing power of money increases in terms of a basket of goods and services
A decline in the general price level of goods and services that results in increased purchasing power of money The opposite of inflation Deflation is not always good for an economy because companies have no pricing power BACK TO TOP