currency deflation

currency deflation
currency deflation currency deflation deflation

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currency deflation UK US noun [U]
ECONOMICS a situation in which less money becomes available without a drop in production, causing prices to fall, production to slow down, and people to lose their jobs: »

Without proper honest controls, society suffers continual currency deflation and inflation.

See also CURRENCY INFLATION(Cf. ↑currency inflation), DEFLATION(Cf. ↑deflation), PRICE DEFLATION(Cf. ↑price deflation)

Financial and business terms. 2012.

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