| / English Dictionary |
DEFLATIONARY SPIRAL
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
An episode of deflation in which prices and wages decrease at an increasing rate and currency gains in value
Classified under:
Nouns denoting natural processes
Hypernyms ("deflationary spiral" is a kind of...):
spiral (a continuously accelerating change in the economy)
Antonym:
inflationary spiral (an episode of inflation in which prices and wages increase at an increasing rate and currency rapidly loses value)
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