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deflation |
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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This sum constitutes the leakage or deflationary gap because this is the amount of money that comes into the banking system but cannot leave the system because there are no more borrowers left. Japan rose quite suddenly in the 1980s, then vanished into a decade of deflationary obscurity, only recently recovering. Continued deflationary cost trends make rate reductions appropriate. |
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