Deflation vs Devaluation - What's the difference?
deflation | devaluation |
An act or instance of deflating.
(economics) A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.
(economics, euphemistic) An economic contraction.
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The removal or lessening of something's value.
The intentional or deliberate lowering of a currency's value compared to another country's currency or a standard value -- the price of gold for example.
Depreciation.
As nouns the difference between deflation and devaluation
is that deflation is deflation while devaluation is devaluation.deflation
English
(wikipedia deflation)Noun
(en noun)- The loss caused utter deflation and disappointment among the fans.