Deflationary spiral
volume
British pronunciation/diːflˈeɪʃənəɹi spˈaɪəɹəl/
American pronunciation/diːflˈeɪʃənˌɛɹi spˈaɪɚɹəl/

Definition & Meaning of "deflationary spiral"

Deflationary spiral
01

an episode of deflation in which prices and wages decrease at an increasing rate and currency gains in value

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