Reflation vs Deflation - What's the difference?
reflation | deflation |
(economics) The act of restoring a deflated general level of prices to a previous or desired level.
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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Deflation is a antonym of reflation.
In economics terms the difference between reflation and deflation
is that reflation is the act of restoring a deflated general level of prices to a previous or desired level while deflation is a decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.reflation
English
Noun
(en noun)Derived terms
* reflationaryAntonyms
* disinflation, deflationdeflation
English
(wikipedia deflation)Noun
(en noun)- The loss caused utter deflation and disappointment among the fans.